A New Approach To Rental Housing Investment in Chile

Greystar is the leader in the investment, development, and property management of rental housing in South America. Greystar provides institutional clients with pre-development and design consultancy, development management, and investment management services. Our on-the-ground team provides the local intelligence to adapt to the specific needs and requirements of each market, giving us the knowledge and flexibility to deliver world-class service and create iconic communities. Since entering the Chilean market in 2017 with the launch of our multifamily development fund, we have deepened our institutional knowledge, cultivated important relationships, and identified new investment opportunities that we are actively pursuing. The Greystar vertically integrated rental housing platform combines local market expertise with the power of a global investment, development, and property management platform.

Why invest in Latin America? Chile is a logical next step in advancing Greystar’s international growth strategy. Establishing a permanent footprint in Chile, one of South America’s top economies, positions us well to further capitalize on the significant opportunities in the rental housing space across the Andean region.

Investing in Chile

Greystar is an active investor in the Chile rental housing sector. With a vertically integrated business model and international operating platform; our global perspective is complemented with in-depth local knowledge that leverages economies of scale, best practices, and best-in-class talent to originate, analyze, and execute on unique investment opportunities, while maintaining our focus on mitigating and managing risks in order to create lasting value and maximize investment returns.

Chile is one of the most dynamic, open, and stable economies in South America. The multifamily asset class has grown over the last 5 years and now the country has the highest real per capita income in South America. With the multifamily asset class continuing to grow year on year, there is potential for expansion, growth and service-oriented housing.

Furthermore, providing a tailwind for rental demand are shifts in demographics and housing preferences combined with a home price-to-income ratio in Santiago that exceeds that of other major global cities. Greystar will continue to leverage its local market expertise and deep industry relationships to identify attractive rental housing investments and management opportunities.

Development Services

As a full-service developer, Greystar is highly responsive and opportunistic. Our unique approach to rental housing coupled with our innovative focus on enhancing the resident experience from the neighbourhoods to the apartment units sets us apart from other developers. The Chilean team utilizes the knowledge and capabilities from Greystar’s global position to ensure the perfect blend between extended local market understanding and world-wide support & new trends. Greystar takes an active role in the LATAM Rental housing market. Being part of local associations such as Cámara Chilena de la Construcción (La CChC) and local institutions is important to us.

These relationships along with decades of experience developing rental housing communities in the United States and internationally, means Greystar are able to work in close partnership with: institutional investors, capital sources, landowners, local jurisdictions, local developers, builders, and other stakeholders to continually deliver landmark residential rental projects, contribute to the vibrancy of the communities in which we work, and extend our track record of success.

From assisting clients with developing a business strategy and reviewing project designs, to managing the entire development lifecycle of a project from origination through construction and final delivery, we seek the best opportunities in the most attractive submarkets that offer strong fundamentals for rental housing. Our unparalleled expertise in the asset class allows us to develop premier rental communities that redefine apartment living in South America and across the globe.

Property Management Services

Greystar is committed to enhance the rental market industry in Chile. Part of our commitment is to raise the standard of customer experience in Chile property, so all our residents have to do is enjoy their new home. Greystar properties are managed by local experts, who are fully trained in our global processes and procedures and take pride in the performance of their communities.

Greystar’s Chile office is based in Santiago and serves as the hub for property management in the region. We work with our clients and investors to provide tailored products for each of our communities across Chile, which are best-in-class.

At Greystar we understand that all regions in Chile and South America are distinctive and unique in their own way, and our Chilean team have the capabilities of applying global market tools to each area whilst still embracing and celebrating the individualities of each culture.

Join our Team
Greystar is committed to recruiting and retaining best-in-class talent throughout the US and around the world. Our unique entrepreneurial culture provides a high-energy and fast-paced environment where teamwork and relationships are valued, and where you will have ongoing support for your career development and advancement. Greystar offers a wide variety of career opportunities across our investment management, property management and development business and in our offices across the US and around the world.

Sustainability
Greystar believes that energy management and sustainable practices enhance the financial value of the communities we manage – and help to preserve the environment for future generations. We are committed to minimizing environmental impacts through continuous improvement of our energy performance and through sustainable operating practices.