FTC says Greystar misled Atlanta renters about prices, orders $24M restitution and transparent pricing
Federal regulators have announced that Greystar, one of the largest landlords in metro Atlanta, misled tenants about their rental costs and has agreed to pay $24 million in restitution.The Federal Trade Commission ruled that Greystar failed to disclose the real price of rent at many of its properties, leaving out mandatory fees that increased the total monthly cost. Under a new FTC order, the company must clearly display the full price of rent at its apartment buildings, including any recurring
Read more »