STATE OF COLORADO, ex rel. PHILIP J.
WEISER, ATTORNEY GENERAL,
Plaintiffs,
v.
GREYSTAR REAL ESTATE PARTNERS, LLC,
d/b/a “Greystar,†a limited liability company;
GREP GENERAL PARTNER, LLC, d/b/a
“Greystar,†a limited liability company;
GREYSTAR MANAGEMENT SERVICES, LLC,
d/b/a “Greystar,†a limited liability company;
GREYSTAR RS NATIONAL, LLC, d/b/a
“Greystar,†a limited liability company;
GREYSTAR CALIFORNIA, INC., d/b/a
“Greystar,†a corporation;
GREP SOUTHWEST, LLC, d/b/a “Greystar,†a
limited liability company,
Defendants.
Case Summary
The Â鶹´«Ã½ Trade Commission and the State of Colorado are taking action against Greystar, the nation’s largest multi-family rental property manager, for deceiving consumers about monthly rent costs by tacking on numerous mandatory fees on top of advertised prices.
According to the complaint filed by the FTC and Colorado, these hidden fees have cost consumers living in Greystar properties hundreds of millions of dollars since at least 2019, and consumers often have not discovered the fees until after they have signed a lease or moved in.