Greystar and Trilogy Real Estate Group Announce Exclusive Strategic Partnership
CHARLESTON, SC – March 25, 2025 - Trilogy Real Estate Group, a Chicago-based real estate investment, property management and development firm, today announced its strategic partnership with Greystar, a global leader in the investment, development and management of residential real estate. The partnership follows Trilogy’s $500 million disposition of 11 properties across eight states, comprising 2,845 apartment homes.
Trilogy Real Estate Group has developed a reputation for creating exceptional communities and top-of-market living experiences. With luxury properties in 14 cities spanning the U.S. and having completed over $4.15 billion in real estate transactions, the company will continue operations under Greystar's portfolio while pursuing new development opportunities. The partnership provides Trilogy with access to Greystar's resources, scale, and operational expertise, strengthening its ability to enhance resident experiences and property performance.
Through this collaboration, Greystar will assume management of Trilogy’s properties under a white-label structure, further expanding its presence in key Midwest markets. Girish Gehani, the current COO of Trilogy Real Estate Group, will remain involved as a strategic advisor to ensure continuity and strategic alignment.
Since its inception in 2005, Trilogy has received numerous industry accolades, including its ranking on the Multi-Housing News Top Commercial and Multifamily Developers and Top Property Management Companies of 2024 lists, multiple National Apartment Association Top Employer Awards and recognition as one of the National Association for Business Resources Best and Brightest Companies to Work For. The firm has also held a consistent overall A rating in the Apartment Ratings epIQ Index.
“Having set the standard for excellence within the real estate industry, Greystar has always been an inspiration of our success, which is one of the primary reasons we chose to engage in this partnership,” Gehani said. “For more than 20 years, we’ve invested in communities that add value to both residents and the markets where they’re located. In collaboration with Greystar, we have ensured our work will contribute to the overarching goal of making the Midwest one of the most desirable living destinations in the country.”
“At Greystar, we seek opportunities to align with partners who share our focus on delivering best-in-class property management and resident experiences,” said Richard Friedman, Managing Director of Client Services & Strategic Partnerships at Greystar. “Trilogy’s strong reputation and deep roots in the Midwest make them an ideal partner as we reinforce our presence in the region. Beyond business alignment, we recognize a shared culture of innovation, resident-first services, and a long-term vision for creating thriving communities. This partnership is built on a foundation of shared values and a commitment to excellence, allowing us to bring our collective expertise together to enhance property performance, improve resident experiences, and unlock new opportunities for growth.”
By leveraging their combined expertise and resources, Trilogy and Greystar are positioned to drive continued growth and operational excellence, benefiting residents, our partners, and the broader multifamily market.
About Greystar
Greystar is a leading, fully integrated global real estate company offering expertise in property management, investment management, development, and construction services in institutional-quality rental housing. Headquartered in Charleston, South Carolina, Greystar manages and operates nearly $315 billion of real estate in approximately 250 markets globally with offices throughout North America, Europe, South America, and the Asia-Pacific region. Greystar is the largest operator of apartments in the United States, manages over 1,000,000 units/beds globally, and has a robust institutional investment management platform comprised of over $78 billion of assets under management, including approximately $36 billion of development assets. Greystar was founded by Bob Faith in 1993 to become a provider of world-class service in the rental residential real estate business.
About Trilogy Real Estate Group
Trilogy Real Estate Group is a vertically integrated real estate investment and management firm with $2.6 billion of total assets under management. Trilogy buys, builds and manages institutional quality apartment communities throughout the United States. Through several investment cycles, Trilogy and its affiliates have developed, acquired and redeveloped over 14,000 units accounting for over $4.5 billion in transaction volume. Trilogy has been consistently recognized as one of the top property management companies and has an "A" rating in the epIQ Index. Trilogy, together with its wholly-owned subsidiary, Trilogy Residential Management, has over 200 employees and is headquartered in Chicago. For more information, please visit Trilogyreg.com.
Media Contact
Garrett Derderian
Senior Director, Head of External Communications, Americas & APAC
917-291-9159
garrett.derderian@greystar.com