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 suit, filed in U.S. District Court in Denver, alleges that Greystar “consistently misrepresents the total cost” of renting its properties by withholding details about mandatory fees for services like trash collection and pest control. The suit describes fees assessed at two Denver complexes that pushed the cost of rent above what was advertised online, and it accuses Greystar of violating both state and federal law through its fee practices.
Those violations include allegedly failing to disclose the full cost of a rental until after a prospective tenant has paid an application fee…