Greystar has formed a strategic partnership with Lantower Residential, a Dallas-based multifamily real estate operator and subsidiary of H&R REIT.
Lantower Residential will transition its property management operations to Greystar and exit the property management business. Greystar will assume management responsibilities for 23 multifamily communities totaling approximately 7,895 units in a phased transition beginning Feb.17.
“This partnership exemplifies Greystar’s commitment to strategic collaboration that drives value for owners and enhances community living. We look forward to working with the Lantower team to identify new opportunities, optimize performance, and expand our collective impact in key multifamily markets across the United States,” said Mike Clow, executive director, real estate operations at Greystar.
As part of the transition, many of Lantower’s onsite and property leadership teams will join Greystar, supporting continuity and oper
