CHARLESTON, S.C.--(BUSINESS WIRE)--Greystar Real Estate Partners, LLC (“Greystar”), a global leader in the investment, development, and management of high-quality rental housing properties, is pleased to announce that Greystar has been recognized by Private Equity Real Estate (“PERE”) as the winner of the 2017 “Capital Raise of the Year North America” PERE Global Award. Greystar was also nominated for the 2017 PERE Global Award for “Global Deal of the Year” for the privatization of the public REIT, Monogram Residential Trust, a $4.4B portfolio totaling 48 properties and over 12,500 units, which was the largest multifamily transaction in 2017. Please click here to see the announcement.
“We are honored to receive this important distinction and endorsement from PERE and our industry peers,” said Bob Faith, Founder and CEO of Greystar. “Everyone within the organization has worked hard over the years to establish Greystar as an industry leader, and the successful launch of this vehicle with the tremendous support of our initial founding capital partners recognizes the progressive growth of our business. We look forward to continuing to expand and innovate in the years to come.”
PERE is the leading publication for the world’s private real estate markets. Its annual awards recognize the industry’s most elite people, firms and deals across a variety of distinct categories. The winner of each of award is determined by industry participants through a highly controlled voting system.
Greystar is a leading, fully integrated multifamily real estate company offering expertise in investment management, development and property management of rental housing properties globally. Headquartered in Charleston, South Carolina with offices throughout the United States, Europe, Latin America and Asia-Pacific, Greystar operates in over 130 markets globally and is the largest operator of apartments in the United States, managing over 415,000 with an aggregate estimated value of approximately $80 billion. Greystar also has a robust institutional investment management platform dedicated to managing capital on behalf of a global network of institutional investors with over $23 billion in gross assets under management including more than $8 billion of developments that have been completed or are underway. Greystar was founded by Bob Faith in 1993 with the intent to become a provider of world class service in the rental housing real estate business. To learn more about Greystar, visit www.greystar.com.
Private Equity Real Estate (PERE) selected award winners by researching real estate news sources (including PERE and perenews.com) to compile a list of finalists, vetting those finalists and soliciting votes from readers. Greystar has not investigated and does not know the makeup of voters; a different set of voters may have achieved different results. The awards may not be representative of a particular investor’s experience or the future performance of any Greystar fund or transaction. There is no guarantee that similar awards will be obtained by Greystar with respect to existing or future funds or transactions. This information is provided solely for informational purposes. It should not be relied upon as any indication of future performance of Greystar or any of its funds or portfolio companies.