Greystar Appoints Toni Eubanks to Lead U.S. Property Management Business

Andrew Livingstone to transition to Senior Advisor and join Board of Directors

Charleston, S.C. - August 26, 2025 - Greystar, a Charleston-based global real estate firm, today announced a leadership transition within its U.S. Property Management (USPM) business. After more than 26 years with the company, Chief Operating Officer Andrew Livingstone will step down from his current role at the end of the year and transition into a Senior Advisor role, while also joining the Greystar Board of Directors. Effective January 1, 2026, Toni Eubanks will assume executive leadership of USPM, continuing the momentum of a business that sits at the heart of Greystar’s scale, culture, and client relationships.

Having joined Greystar over 17 years ago, Eubanks is renowned for her deep expertise, proven track record, and strong relationships in the organization and industry. Having co-led day-to-day operations for the last two years, she brings a strong command of the business, people-first leadership, and an unwavering focus on execution at the site level. She will report directly to Bob Faith, Greystar’s Founder, Chairman, and CEO.

“Toni is a strong, steady, and deeply respected leader who knows our business inside and out,” said Faith. “From her start on-site to her current leadership role, Toni has helped shape how we operate and grow our business every day. Her commitment to our teams and residents is unmatched, and I’m excited to see her lead in this next phase.”

Eubanks joined Greystar in 2009 after beginning her career in multifamily as a leasing professional. Over the years, she has led regional operations across the country, integrated major acquisitions, and helped scale one of the most complex property management platforms in the world. She has expanded services, strengthened operational consistency, and helped position the business for long-term growth.

“I’m honored to step into this role and continue serving the teams and business I’ve been part of for many years,” said Eubanks. “Our success starts at the site level, and my focus will be making sure our teams have what they need to deliver for residents every day. I’m proud of the work we’ve done together and look forward to building on that strong foundation.”

Livingstone, who joined Greystar in 1999, has been a key architect of Greystar’s property management platform. As Greystar expanded, he navigated the property management team through acquisitions and organic growth that, under his leadership, led the company to become the largest property management business in the country.

“Greystar has been a huge part of my life and career,” said Livingstone. “I’m incredibly proud of what we’ve built in property management, and I know Toni is the right person to lead this next chapter. I’m looking forward to staying close to the business and helping shape what’s next for the company in my new role.”

Eubanks has co-led the day-to-day operations of the property management business with Mike Clow, Executive Director of Real Estate, for the past two years. Clow will report to Eubanks moving forward and continue to drive revenue growth for the organization with a focus on Greystar’s client portfolio. In addition, Clow’s responsibilities will expand, including working closely with Faith to bring his experience in growing the US property management business to Greystar’s global platform, whether through organic growth or M&A activities.

In his new capacity as Senior Advisor, Livingstone will focus on long-term strategic initiatives and innovation-driven projects that support Greystar’s global growth.

The leadership transition comes at a time of continued momentum for Greystar’s U.S. Property Management platform, which manages more than 1 million units and beds globally. The change will take effect January 1, 2026, following a structured transition period through the remainder of 2025.

About Greystar
Greystar is a leading, fully integrated global real estate platform offering expertise in property management, investment management, development, and construction services in institutional-quality rental housing. Headquartered in Charleston, South Carolina, Greystar manages and operates over $300 billion of real estate in nearly 250 markets globally with offices throughout North America, Europe, South America, and the Asia-Pacific region. Greystar is the largest operator of apartments in the United States, managing over 1,000,000 units/beds globally. Across its platforms, Greystar has over $79 billion of assets under management, including over $35 billion of development assets and over $30 billion of regulatory assets under management. Greystar was founded by Bob Faith in 1993 to become a provider of world-class service in the rental residential real estate business.

Media Inquiries
Garrett Derderian
Senior Director, Head of External Communications, Americas & APAC
garrett.derderian@greystar.com

 
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