Hints and tips:
...Greystar has been among the most active groups in rental accommodation....
...US property investor Greystar on Thursday announced that it had bought five student blocks in the UK from private equity firm KKR in a £291m deal....
...Longtime UK operators such as Grainger, which has 9,000 properties and 9,000 more in the pipeline, have been joined in recent years by US rivals such as Cortland and Greystar....
...In a relatively low-return world, you have to think of the cost of management and maintenance because it will eat into your returns.” 2....
...Residents cited poor management, failure to act on maintenance issues and high rents as problems — complaints that would be familiar to traditional landlords....
...To achieve a really high occupancy and low rate of churn, management has to be exemplary.”...
...It has been one of the first movers in this rapidly expanding space through transactions with the likes of M&G Real Estate, L&Q and Greystar....
...Riverstone was set up by its chief executive Terry Danner in 2006 through a management buyout of commercial real estate investor and developer Trammell Crow’s residential services division....
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