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The Latest Breaking News from Greystar

First Thing: Powerful earthquakes rock Venezuela as death toll reaches 164

Buildings collapse after twin 7.2- and 7.5-magnitude quakes. Plus, why apartment renters are facing a rising tide of fees

The Guardian - UK

US renters call for action to combat surge of ‘take it or leave it’ apartment fees

Tenants push for tougher rules against unfair add-on charges. Industry players argue against policies that they say could limit the ‘effective use of fees’

The Guardian - US

‘Extremely overwhelmed’: apartment renters face rising tide of fees

Guardian investigation: Renters at apartment buildings operated by industry giant Greystar complain they’re deluged by ‘unfair’ and ‘inflated’ fees. The company denies these claims

The Guardian - US

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H&R Real Estate Investment Trust Q1 Earnings Call Highlights

H&R Real Estate Investment Trust (TSE:HR.UN) said its U.S. multifamily operations are showing early signs of improvement following the transition of property management to Greystar, while management continues to work through asset sales and the final stages of its multiyear strategic repositioni

MarketBeat

Credit History Remains an Obstacle for Section 8 Tenants, Despite Anti-Discrimination Law

California prohibits the use of credit history to reject applicants with housing assistance without considering pay stubs and other alternatives. Big landlords keep doing it anyway.

Capital & Main

‘Greystar is the WORST’: Woman lets her dog get in the pool at her apartment. Then she gets hit with a $750 charge

A woman got charged $750 for having a dog in the pool at a Greystar apartment complex in Austin, Texas. In a video with 1.2 million views, @girlyswipe explained how having her guest’s dog, which had its “paws in the pool,” caused her to get a fine for violating resident…

The Mary Sue

Renters need to watch out for hidden junk fees

The FTC and the State of Colorado recently sued a prominent property management company, alleging hidden fees added on top of the publicly advertised monthly rent.

Fortune

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FTC sues Greystar, saying the property manager used hidden fees to swindle renters out of millions

The U.S. Federal Trade Commission has filed a lawsuit accusing property management company Greystar of swindling renters across the country out of at least $100 million using hidden fees

The Independent UK

US Justice Department accuses six major landlords of scheming to keep rents high

The U.S. Justice Department is suing several large landlords for allegedly coordinating to keep Americans’ rents high

The Independent UK

Tribal Sovereignty Saves a Homeless Shelter (For Now)

The Yakama Nation has won a temporary restraining order preventing the City of Toppenish, Washington, from closing its new cold weather shelter.

Reason

The art of adding value: Could home staging be the secret weapon when it comes to selling your home?

Home staging is fast becoming the go-to way to secure a sale. Interior designers and developers share their guide to perfect presentation

Evening Standard

Greystar Expands Into France And Germany Amid Price Drops

Greystar, a US real estate developer, is expanding in France and Germany to capitalize on investment opportunities in the European market.

Top News

Bristol city centre car park set to be redeveloped for flats

Developer Greystar proposing to replace NCP Car Park with new 400-space facility, and build accommodation for hundreds of people

Birmingham Post

Plan to demolish Bristol city centre NCP car park for tower blocks moves forward

Developers describe it as a "run-down" building in a "neglected part of town"

Bristol Post

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Tribune News Service

Seattle landlords accused of conspiring to raise apartment rents

Several of the largest property management companies operating in Seattle conspired to drive up rents and decrease competition, three lawsuits filed this month allege.

Salon

Secret algorithm drives higher rents

RealPage’s YieldStar software helps landlords set prices for apartments across the U.S. as rents soar

Birmingham Post

City centre landmarks sold in deal worth almost £400m

The four buildings contain more than 1,800 beds

People

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