YouRent Announces National Partnership with Greystar Alliance.
January 13, 2017
Greystar Alliance, with Largest Operator of U.S. Apartments, will Add 140 Units to YouRent’s Portfolio.
YouRent, a national, fast-growing, short-term vacation rental provider headquartered in Miami, today announced that it has formed a strategic partnership with Greystar, the largest operator of apartments in the U.S.
YouRent has also been designated an approved Greystar vendor, enabling the company to be pre-approval as a tenant in Greystar buildings on a global level. The alliance encompasses all current and future markets in which YouRent operates and will add an initial 140 units to the company’s rapidly-expanding portfolio.
As a leading, globally-integrated real estate company, Greystar manages more than 400,000 multifamily units in more than 160 markets internationally. The company has extensive expertise in investment management, development and property management, with more than $14 billion in gross assets.
“We are thrilled to partner with Greystar and its affiliates, which offer a platform built on delivering world-class, multifamily product,” said Brian Ferdinand, COO of YouRent.
“This alliance and global vendor approval complements our goals as we continue YouRent’s growth and further positions the brand as the leader in aggregating and controlling an exclusive portfolio of short-term, vacation properties in high-demand U.S. markets,” added Luis Garcia-Fanjul, executive board member of YouRent.
Utilizing a first-of-its-kind industry platform, YouRent’s inventory consists of luxury units in Class A, multifamily properties. Through partnerships with best-in-class habitation design consultants and national furniture manufacturers, the company provides a short-term vacation rental product that is standardized in design. YouRent’s properties are strategically located near major urban cores in proximity to main attractions and offer unparalleled value. Its highly-trained management and around-the-clock concierge program in each market enables the company to consistently curate and deliver to guests a superior environment and experience of vacationing like a local.
YouRent was founded in 2012 and currently functions under the corporate entity, Vacation Rentals, LLC.