Greystar is expanding its U.S. property management platform through an exclusive strategic partnership with Grand Peaks, a Denver-based vertically integrated real estate investment and management firm.
Grand Peaks, launched in 2003 by brothers Luke and Nick Sampson, has built a multifamily portfolio that blends scale and geographic diversity over the past two decades. With long-standing partnerships with institutional investors, the company is positioned for continued growth, with Greystar providing operational scale and market reach. The partnership will also enable Grand Peaks to focus on its core strengths of development, investment, and asset management.
“Greystar’s reputation for excellence and innovation makes them the ideal partner to ensure our communities continue to thrive,” said Luke Simpson, co-CEO of Grand Peaks. “Their approach to service, integrity, and operational excellence mirrors our commitment to quality, growth, and teamwork. Partnering with Greystar positions our portfolio and residents to benefit from industry-leading practices while building on our legacy of community and service.”
In addition, the partnership is expected to strengthen Greystar’s presence in high-growth markets such as Charlotte, North Carolina; Dallas-Fort Worth; Denver; Miami; Phoenix; Portland, Oregon; and Seattle. At closing, nearly 11,000 apartments in seven states will be added to Greystar’s platform.
“At Greystar, we seek partnerships with organizations that share our commitment to delivering exceptional resident experiences and operational excellence,” added Richard Friedman, senior managing director of client services and strategic partnerships at Greystar. “Grand Peaks’ high-quality portfolio, long-standing industry reputation, and strong culture make them a natural fit for our organization. This partnership not only combines their deep market relationships and investment expertise with Greystar’s operational scale and resources but also provides a great home for their talented team members to work together to create meaningful value for residents, investors, and our people.”
Earlier this year, Greystar announced a strategic partnership with Trilogy Real Estate Group, a vertically integrated real estate investment and management firm. This collaboration is expected to enhance Trilogy’s property management operations as well as bolster Greystar’s presence in the Midwest region.
