The FTC Is Readying a Case Against the Largest U.S. Apartment Landlord. Here's Why.
The U.S. Federal Trade Commission is reportedly planning to sue Greystar Real Estate Partners, the largest apartment landlord in the U.S., for allegedly charging tenants millions of dollars worth of hidden mandatory fees.
FTC Prepares to Sue Largest U.S. Apartment Landlord Over Hidden Fees
The FTC is weighing a lawsuit alleging Greystar failed to disclose fees related to trash services and background checks .
FTC Prepares Legal Action Against Greystar Over Hidden Rental Fees
While Greystar maintains it has been proactive in improving fee disclosures and promoting transparency, the company noted the lack of clear regulatory guidelines in the rental space. The potential lawsuit is part of a broader regulatory crackdown on big corporations under FTC Chair Lina Khan and President Biden's administration.
Greystar—Largest Apartment Landlord In US—May Face FTC Lawsuit Over Hidden Fees
The Federal Trade Commission will reportedly allege the apartment management company falsely advertised rental prices by not including mandatory fees.
Apartment giant Greystar facing FTC lawsuit over misleading rental fees
The suit accuses the company of falsely advertising rental prices by failing to inform renters of numerous mandatory fees.
Greystar Facing FTC Lawsuit Over Hidden Renter Fees
The country's largest apartment landlord is reportedly facing charges over undisclosed fees for things like pest control and trash disposal.
Greystar to Face FTC Lawsuit Over Misleading Rental Fees
Greystar is set to face a federal lawsuit as soon as this week over allegations the nationwide developer and manager of apartment buildings stuck renters with millions of dollars in hidden fees, according to people familiar with the probe.
Federal Trade Commission accuses Greystar of deceptive practices, hidden fees
The antitrust agency recently created a rule regarding junk fees, but its application to the multifamily sector is unclear.
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