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FTC Sues Greystar Over Millions in Hidden Tenant Fees

1/17/2025

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Summary

Story summary

The FTC and Colorado Attorney General sued Greystar Real Estate Partners for imposing hidden fees on tenants.
Tenants allegedly paid hundreds or thousands more due to undisclosed mandatory fees.
Greystar denies the claims, asserting that all fees are outlined in lease agreements.
The company reportedly earned over $100 million from hidden fees nationwide.
Colorado lawmakers advocate for stricter regulations on hidden housing fees.

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Story summary

The FTC and Colorado Attorney General sued Greystar Real Estate Partners for imposing hidden fees on tenants.
Tenants allegedly paid hundreds or thousands more due to undisclosed mandatory fees.
Greystar denies the claims, asserting that all fees are outlined in lease agreements.
The company reportedly earned over $100 million from hidden fees nationwide.
Colorado lawmakers advocate for stricter regulations on hidden housing fees.