FTC, Colorado Sue Greystar Over Apartment Rental ‘Junk Fees’ (2)

Greystarwas sued by the Federal Trade Commission over allegations that the nationwide manager of apartment buildings stuck renters with millions of dollars in hidden fees.

The company collected the “junk fees” dating back to at least 2019, according to the lawsuit filed Thursday in federal court in Colorado. The fees, which range from tens to hundreds of dollars a month, aren’t disclosed to potential renters until after they fill out an inquiry form, or in some cases after they have paid an application fee or holding deposit, according to the lawsuit.

Greystar manages nearly 800,000 apartments, making it by ...