Robert Faith

$5.04 B

Ranked #818 in World

About Robert Faith

Robert Alan Faith, a notable American businessman and petroleum engineering alum from the University of Oklahoma, steered his career towards real estate amid an oil industry recession. Earning an MBA from Harvard, Faith founded Greystar Real Estate Partners and transformed it into the US's largest apartment operator, with $45.1 billion AUM by November 2021. Residing in Charleston, Faith is a recognized industry leader, claiming spots on influential real estate power lists and advising on national economic revival efforts.

Born

October 03, 1963

Age

62 years

Source Of Wealth

Real Estate Management

Industries

Real Estate

Citizenship

United States

Residence

Charleston, South Carolina

Education

Master of Business Administration, Harvard Business School; Bachelor of Science, University of Oklahoma

Children

Robert Alan Faith, born in 1963 or 1964, grew up in Oklahoma. He earned a bachelor's degree in Petroleum Engineering from the University of Oklahoma, intending to follow in his father's footsteps in the oil industry. However, due to a recession, he opted for an MBA from Harvard University, graduating in 1986.

Robert Faith: Family

Robert Faith resides in Charleston, South Carolina, with his family. He is married to interior designer Muffie Faith, and they have three children.

Robert Faith: Career Highlights

Robert Faith's career in real estate began at Trammell Crow Company, a real estate development firm, where he eventually became a partner. In 1991, he co-founded Starwood Capital Group with Barry Sternlicht, focusing on acquiring foreclosed multifamily properties. In 1993, he founded Greystar in Houston, Texas.

Faith served as Secretary of Commerce for the State of South Carolina from 2002 to 2006, during which time he reorganized the department's structure. In 1996, he co-founded Homegate Hospitality with John Kratzer, which was acquired the following year.

In 1998, Faith moved his residence and Greystar headquarters to Charleston, South Carolina. Under his leadership, Greystar made several major acquisitions, including Education Realty Trust in 2018 for $4.6 billion, making it the second largest student housing provider in the US. Other notable acquisitions include Alliance Residential Co.'s property management arm, Thackeray Partners, and Fizzy Living.

Faith has expanded Greystar beyond multifamily rental properties into life sciences, purpose-built single-family rentals, and industrial sectors. As of November 2021, Greystar is the largest operator of apartments in the US, with $45.1 billion of assets under management.

Robert Faith: Companies

Trammell Crow Company
Starwood Capital Group
Greystar
Homegate Hospitality

Robert Faith: Major Achievements

Founded Greystar, the largest operator of apartments in the US.
Led Greystar's acquisition of Education Realty Trust for $4.6 billion, making it the second largest student housing provider in the US.

Expanded Greystar beyond multifamily rental properties into life sciences, purpose-built single-family rentals, and industrial sectors.
Served as Secretary of Commerce for the State of South Carolina.

Robert Faith: Awards & Achievements

Member of the Urban Land Institute and the National Multifamily Housing Council (as of 2005).
Nominated to the real estate group of the Great American Economic Revival Industry Groups in 2020.
Appeared on the Observer list of the 59 most powerful people in residential real estate in 2018.
Ranked #32 on the Commercial Observer Power 100 list of commercial real estate's most powerful people in 2022.

Robert Faith: Personal Life & Legacy

Robert Faith is known for his dedication to his work and his commitment to the real estate industry. He is also recognized for his philanthropic efforts, including supporting various educational institutions and community organizations.

Robert Faith: Trivia

Robert Faith is an avid golfer and enjoys spending time with his family.
He is a licensed pilot and owns a private plane.
Faith is a fan of the Oklahoma Sooners football team.

Wealth History

Timeline

1963/1964

Robert Alan Faith is born in Oklahoma.

1986

Faith graduates from Harvard University with an MBA.

1991

Faith co-founds Starwood Capital Group with Barry Sternlicht.

1993

Faith founds Greystar in Houston, Texas.

1996

Faith co-founds Homegate Hospitality with John Kratzer.

1998

Faith moves residence and Greystar headquarters to Charleston, South Carolina.

2002

Faith serves as Secretary of Commerce for the State of South Carolina.

2006

Faith completes his term as Secretary of Commerce for the State of South Carolina.

2018

Greystar acquires Education Realty Trust for $4.6 billion, becoming the second largest student housing provider in the US.

2020

Faith is nominated to the real estate group of the Great American Economic Revival Industry Groups.

2021

Greystar becomes the largest operator of apartments in the US, with $45.1 billion of assets under management.

2022

Faith is ranked #32 on the Commercial Observer Power 100 list of commercial real estate's most powerful people.

Robert Faith : FAQs

What is Robert Faith's current net worth?

Robert Faith's current net worth is $5.04 billion.

What is Robert Faith's current global rank among billionaires?

Robert Faith holds the 818th position globally among billionaires.

What is Robert Faith's current ranking within the United States?

Robert Faith holds the 305th position in United States.

What was the change in Robert Faith's net worth compared to the previous year?

Robert Faith's net worth decreased by 0 million dollars compared to the previous year 2025, when his net worth was 5.04 billion dollars.

What are Robert Faith's main sources of wealth?

Robert Faith's main source of income comes from Real Estate Management.

In which industry does Robert Faith primarily operate?

Robert Faith is primarily involved in the Real Estate industry.

What is Robert Faith educational background?

Robert Faith holds a Master of Business Administration from Harvard Business School and a Bachelor of Science from the University of Oklahoma.

How old is Robert Faith?

Robert Faith is 62 years old.

How many children does Robert Faith have?

Robert Faith has 3 children.

Who is Robert Alan Faith and what company did he found?

Robert Alan Faith is an American businessman who is the founder, chairman, and CEO of Greystar Real Estate Partners, a major real estate company.

What were the educational achievements of Robert Alan Faith?

Robert Alan Faith grew up in Oklahoma, earned a bachelor's degree in Petroleum Engineering from the University of Oklahoma, and later received an MBA from Harvard University in 1986.

What notable positions has Robert Alan Faith held throughout his career?

Robert Alan Faith began his career at Trammell Crow Company, co-founded Starwood Capital Group, founded Greystar, served as Secretary of Commerce for South Carolina, and co-founded Homegate Hospitality.

What impact has Robert Alan Faith had on the real estate industry?

Robert Alan Faith led Greystar in major acquisitions, growing it into the largest operator of apartments in the US, with significant expansions into various sectors including life sciences and industrial.

How has Robert Alan Faith been recognized in the real estate industry?

Robert Alan Faith is a member of the Urban Land Institute and the National Multifamily Housing Council, appeared on the Observer's list of influential real estate figures, and was ranked #32 on the Commercial Observer Power 100 list in 2022.