International rental housing giant Greystar will operate Cleveland State University’s two residence halls: Fenn Tower and Euclid Commons.
American Campus Communities previously operated both buildings. The University formally ended the 17-year contract late this summer. This follows the departure of nearly all professional staff members, controversy over failing to pay student staff correct wages, and unauthorized access to Euclid Commons that caused safety concerns for residents.
Greystar is self described as a “Global Leader in Rental Housing” will now manage both residence halls. They are the second largest owner and manager of student housing in the United States, according to their website, with over 500,000 units/beds of apartment infrastructure in the United States as of 2019.
The company has a moderate presence in Cleveland, with properties including the Euclid Grand, The Luckman, and The Lumen. However, this will be their first on-campus project in Ohio.
A representative from Greystar did not respond to a request for comment on the company’s plans at Cleveland State. The year began with delays in roommate assignments and air conditioning outages in both buildings, with many students and parents commenting on the lack of communication. This may be because of the continued vacancy of many staff positions, a problem yet to be solved by the new company.
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