The antitrust and consumer protection agency accused Greystar Real Estate Partners of deceptive pricing, charging tenants millions of dollars in unadvertised fees.

The U.S. Federal Trade Commission has filed a lawsuit accusing property management company Greystar of swindling renters across the country out of at least $100 million using hidden fees.

Colorado Attorney General Phil Weiser and federal regulators filed a joint lawsuit against the largest apartment owner in the country on Thursday, accusing it of intentionally misleading tenants about the cost of its rentals.

The Federal Trade Commission and the State of Colorado filed a complaint against the rental property manager alleging it has added hidden fees since at least 2019 that cost consumers hundreds of millions of dollars.

The U.S. Federal Trade Commission and the State of Colorado have filed a complaint against Greystar, a multi-family rental property manager, alleging that it deceived consumers about rental costs with hidden fees,

The antitrust agency recently created a rule regarding junk fees, but its application to the multifamily sector is unclear.

The Federal Trade Commission will reportedly allege the apartment management company falsely advertised rental prices by not including mandatory fees.

Colorado and the FTC say Greystar Real Estate and Property fraudulently advertises low rent prices to potential customers, only to add tens if not hundreds to the monthly rent cost with hidden fees.