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March 10, 2023
Amy Garzot featured in San Diego Business Journal's Women of Influence in Construction
Amy Garzot featured in San Diego Business Journal's Women of Influence in Construction
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March 1, 2023
Fairfield today announced the completion of the construction of Vero Apartments located at located at 255 Vale St. in Chelsea, MA. Just 10 minutes from the MBTA Silver Line, the multifamily community offers 436 studio, 1- and 2-bedroom units, including 14 designated affordable units.
February 22, 2023
Fairfield today announced the completion of the construction of Verge Apartments along the BeltLine’s Southside Trail in Atlanta, GA. The multifamily community located at 125 Milton Ave SE offers 319 studio, 1- and 2-bedroom units, including 48 designated affordable units.
February 16, 2023
Fairfield today closed on the acquisition of Greens of Pine Glen, a 168-unit affordable housing community in Durham, NC, offering a mixture of two- and three-bedroom townhome and garden-style apartments.
February 14, 2023
Michelle Lord Names Rainmaker in CRE Debt, Equity and Finance by GlobeSt. Real Estate Forum
February 6, 2023
Each year, Kayo highlights spectacular leaders who are not afraid to pursue new frontiers, explore complex ideas and bet on visionary entrepreneurs who see the world as it could be, not as it is today. The list is based on career field, seniority, and experience. Congratulations to Fairfield's Executive Vice President, Portfolio Management Lisa Haring for making the top 23!
December 13, 2022
Alaska Permanent Fund Corporation (APFC) is investing $300m (€285m) in the Fairfield Affordable Housing Preservation Fund, according to a board meeting document.
December 8, 2022
The APFC committed $300 million to the open-ended Fairfield Affordable Housing Fund
October 19, 2022
UMFS, a statewide nonprofit leader in child and family services, has sold its Guardian Place affordable senior apartment buildings at 1620 N. Hamilton St. to multifamily housing operator Fairfield for $25.6 million.
October 17, 2022
Fairfield has launched a new open-end affordable housing fund with ~$600 million of equity commitments closed to date in 2022.
September 23, 2022
Yield PRO TV presents NAHB Power Hitters. Host Linda Hoffman talks with Tommy Brunson, president of development and construction for Fairfield.
September 1, 2022
Capital One announced today that it has provided more than $29 million in financing to Fairfield for the renovation of Grand Oaks Apartment Homes, a 216-unit affordable housing community in Chester, Virginia. The transaction included a new Low Income Housing Tax Credit (LIHTC) allocation and preserves the long term affordability of the property.
August 10, 2022
Fairfield keeps moving up! This year, we ranked #8 on Top 10 Companies Completing Acquisitions and #24 on Top 50 Affordable Housing Owners.
July 20, 2022
Alderwood Court Senior Affordable Apartments ranked a 95 in the 2022 State ORA®️ Power Ranking – The Top properties by ORA®️ in the 50 States and D.C. We ranked in the 99th percentile!
July 15, 2022
Fairfield held its final close on June 29, 2022 for its Fairfield U.S. Multifamily Core Plus Fund II LP (“Fund II”) with over $250.0 million of equity, bringing the total equity raised for Fund II to $750.0 million.
June 1, 2022
Fairfield is planning to hold a first closing for its open-ended Fairfield Affordable Housing Preservation Fund this month. The fund launched at the beginning of 2022 and will invest primarily in rent- and income-regulated affordable housing throughout the United States.
April 4, 2022
Woodlands at Forbes Lake Senior Affordable Apartments has been selected as the 2022 Community of the Year in the Affordables category by the Washington Multi-Family Housing Association. The state chapter of the National Apartment Association, WMFHA is a collection of over 196 property management companies and multifamily property owners representing more than 282,000 apartment homes.
March 24, 2022
JLL Capital Markets announced today that it has closed the $106 million sale of IDEA1, a 295-unit, award-winning, Class A mid-rise multi-housing community to Fairfield. IDEA1 embodies the live-work-create environment in the East Village neighborhood of downtown San Diego.
March 19, 2022
Lakeland Estates Apartments has been selected as the Winner for the 2022 Best of Stafford Awards in the category of Local Business. The Stafford Award Program supports and offers public recognition of the contributions of businesses and organizations in and around Stafford, TX.
February 22, 2022
Fairfield closed on a new development joint venture with $510.0 million of equity commitments funded by California State Teacher’s Retirement System (CalSTRS) and a sovereign wealth fund. Fairfield Suburban Development Joint Venture LP (the “Joint Venture”) closed in February 2022 and is focused on multifamily ground-up development in suburban locations in major markets throughout the U.S. This is the first Fairfield sponsored vehicle that pairs CalSTRS and a sovereign wealth investor.
December 27, 2021
Fairfield has added Broadstone Candara in Los Angeles to its portfolio. Read the full article on Commercial Observer.
October 8, 2021
Fairfield is proud to have been part of the massive transformation in Kirkland, WA that is now an award-winning transit-oriented mixed-use community hub.
June 1, 2021
With more than 40 years in the multifamily real estate industry, Greg Pinkalla is proud to see Fairfield grow into the bedrock of institutional investors’ portfolios that it is today. In this keynote for PERE Residential’s June 2021 edition, he outlines the major factors behind multifamily housing’s meteoric rise as an investment cornerstone and details his philosophy that executing multiple strategies in diversified markets is the key to future success. Click to read his keynote.
April 14, 2021
See all of the rankings from National Multifamily Housing Council.
February 15, 2021
We're proud to have been awarded "Best Client Service - Mid Cap" in the 2020 Best Asset Managers Awards by The Korean Economic Daily. Onwards and upwards! #FairfieldResidential. The Korea Economic Daily presented the Best Asset Manager award based on a survey of 20 Korean LP’s in relation to their most preferred external managers by asset class. Receipt of this award is in no way indicative of any individual client or investor’s experience with Fairfield Residential or our future performance.
February 15, 2021
The Village at Totem Lake is pleased to announce more businesses will soon find their new home at the Eastside’s ever-growing mixed-use lifestyle center.
December 22, 2020
Fairfield Residential Holdings LLC and Fairfield Residential Company LLC (collectively, “Fairfield”) closed on a newly formed $300 million multifamily debt joint venture (the “Fairfield Debt Joint Venture”) to invest in multifamily debt through the Freddie Mac “K Note Program.” The Fairfield Debt Joint Venture’s strategy is to invest in the subordinate tranches of securitized Freddie Mac debt pools.
November 24, 2020
Yield PRO TV presents NAHB Power Hitters. Host Linda Hoffman talks with Greg Pinkalla, Chairman and CEO of Fairfield Residential.
November 6, 2020
The pandemic has rewritten the playbook, but operators are finding solutions in a rapidly changing landscape. Read the article with commentary from Fairfield's Kim Bender on Multi-Housing News.
November 4, 2020
Fairfield Residential (“Fairfield”) held the final close of Fairfield U.S. Multifamily Core Plus Joint Venture LP (the “Joint Venture”) in March 2020, with aggregate equity commitments of $307.7 million. This is the first Fairfield core plus fund since CalSTRS acquired a majority interest in Fairfield in April 2019 and the first Fairfield core plus fund since 2006. The Joint Venture seeks to invest in multifamily assets throughout the U.S. by acquiring assets up to 15 years old in suburban locations in major markets across the U.S.
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