The civil lawsuit is expected to allege that Greystar Real Estate Partners engaged in deceptive pricing practices and failed to properly disclose certain fees to prospective tenants when advertising its rental units, the person said.
Those fees were related to things like pest control, trash services and performing tenant background checks.
Greystar could still reach a settlement with the FTC.
This story is from the January 14, 2025 edition of The Wall Street Journal.
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This story is from the January 14, 2025 edition of The Wall Street Journal.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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