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Report: FTC to Sue Greystar Over Improper Fee Charges to Rental Housing Tenants

Report: FTC to Sue Greystar Over Improper Fee Charges to Rental Housing Tenants

by Phil Hall | Jan 14, 2025 | Current News & Events, Market Snapshot, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Federal Trade Commission (FTC) reportedly preparing to sue Greystar Real Estate Partners, the country’s largest apartment landlord, claiming the firm charged tenants hidden fees. Greystar manages more than 108,000 units. The Wall Street Journal, sourcing its...
Hits and Misses for the Real Estate Week of Dec. 9-13

Hits and Misses for the Real Estate Week of Dec. 9-13

by Phil Hall | Dec 13, 2024 | Commercial Real Estate News, Current News & Events, Hits and Misses, Market Snapshot, Real Estate News, U.S. Housing Market, WRE News Exclusive

A slippery definition of “reopening,” an unlikely grant and a merger’s messy failure. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Dec. 9-13. Miss: An Unsettled Settlement. The US Department of Justice (DOJ)...
Albertsons Ends Merger Deal and Sues Kroger

Albertsons Ends Merger Deal and Sues Kroger

by Phil Hall | Dec 11, 2024 | Commercial Real Estate News, Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

The proposed merger between the supermarket giants Albertsons Companies Inc. (NYSE: ACI) and The Kroger Co. (NYSE: KR) collapsed this morning as Albertsons terminated the merger agreement and filed a lawsuit against Kroger claiming a willful breach of contract and...
Invitation Homes Agrees to $48 Million Settlement with FTC

Invitation Homes Agrees to $48 Million Settlement with FTC

by Phil Hall | Sep 25, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

The Federal Trade Commission (FTC) has announced Invitation Homes, the country’s largest landlord of single-family homes, has agreed to a settlement where the company will turn over $48 million to refund consumers harmed by its deceptive actions. The company was...
Tempur Sealy to Sell 176 Stores to Win FTC Approval for Mattress Firm Acquisition

Tempur Sealy to Sell 176 Stores to Win FTC Approval for Mattress Firm Acquisition

by Phil Hall | Sep 23, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Tempur Sealy International Inc. (NYSE: TPX) announced the divestiture of 176 stores to appease the Federal Trade Commission’s (FTC) objection over its proposed $4 billion acquisition of Mattress Firm Group. In conjunction with the planned Mattress Firm acquisition,...
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