Greystar Reaches Financial Close on University of Texas Law School Village

Austin, TX — May 6, 2026 — Greystar, a global leader in investment management, development, and property management, announces the successful financial close and construction start for our public-private partnership with The University of Texas at Austin (“UT Austin”) to develop, design, build, and operate the Law School Village, a new apartment community that is the university’s first dedicated housing for law students.

Located directly across the street from the UT Austin School of Law, Law School Village will offer 340 apartment beds in 280 studio, 1-bedroom, and 2-bedroom units. The project is expected to be completed in time for the 2028-29 academic year.

Law School Village is the eighth on-campus partnership closed by Greystar in the last 12 months. 

“Greystar is thrilled to kick off this partnership with UT Austin,” said Derek Brown, Senior Managing Director of Development. “Texas Law is one of the nation’s premier law schools, and having dedicated, proximate, and affordable housing for law students makes it an even more attractive destination.”

In addition to the high-quality units, the 14-story community will feature amenities including a large library-style sky-lounge, a cafe, fitness and yoga area, an expansive courtyard, future coffee shop retail, and two roof decks with dramatic views of the campus and downtown Austin. It is designed by Lemmo Architecture and Design, with Meeks + Partners serving as the architect of record. 

The Law School Village is fully financed by the University, with Greystar as the third-party developer, general contractor, and facility manager. It will be the second high-rise student housing community and 21st project overall that Greystar has built in Austin.

Nationwide, Greystar Construction is responsible for $2 billion in student housing, including ongoing on-campus projects at fellow flagship institutions University of Mississippi and University of Washington.

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 265 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 more than one million units/beds globally. Across its platforms, Greystar has over $79 billion of assets under management, including over $35 billion of development assets and approximately $36.5 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

Bailey Zaunbrecher

bailey.zaunbrecher@greystar.com