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Exterior building corner sunset at Chroma Apartments in Canoga Park, CA
February 13, 2024
FAIRFIELD DELIVERS CHROMA APARTMENT HOMES IN LOS ANGELES’ WARNER CENTER
Today, Fairfield announced the completion of construction of Chroma Apartment Homes in Canoga Park, CA. The luxury multifamily community located at 6709 Independence Ave. #100 adds 275 brand-new studio, 1- and 2-bedroom apartment homes in Warner Center.
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exterior building of 1810 Main Apartments in Houston TX
January 16, 2024
Today, Fairfield announced the completion of construction of 1810 Main Apartments in Houston, TX. The multifamily community located at 1810 Main Street adds 284 brand-new studio, 1-, 2- and 3-bedroom apartment homes to downtown Houston.
Skyline at East Bend Apartments in Houston TX
December 19, 2023
Today, Fairfield announced the completion of construction of East Bend Apartments in Houston, TX. The multifamily community located at 1111 W. 6th St. adds 269 brand-new studio, 1- and 2-bedroom apartment homes to the growing neighborhood of The Heights.
Exterior building of Altitude Apartments in South San Francisco CA
November 21, 2023
Fairfield today announced the completion of the final construction phase of Altitude Apartments in South San Francisco, Calif. The new building adds 94 studio, 1- and 2-bedroom apartment homes to the multifamily community located at 150 Airport Blvd., bringing the total to 251 apartment homes, including options with a den and 11 designated affordable apartments.
Exterior sign at The District at Scottsdale in Scottsdale AZ
October 19, 2023
Fairfield recently closed on the acquisition of The District at Scottsdale, a 332-unit luxury housing community in Scottsdale, AZ, offering a mixture of one- and two-bedroom apartments and on-site retail in a highly accessible location.
Graphic with blue half circles that says "2022 ESG Annual Report".
August 18, 2023
Throughout our history, Fairfield has been mindful of ESG principles, and we are proud to share our first annual report outlining the initiatives, strategies, and achievements the organization made last year.
Courtyard fire pit with lounge seating at The Moxley.
August 10, 2023
Fairfield today announced the completion of construction of The Moxley Apartments in Fairfax, VA. The multifamily community located at 4040 Gateway Drive adds 403 brand-new studio, 1-, 2- and 3-bedroom apartments to the D.C. metro area, including 24 designated affordable units.
photo of kitchen at The Belhaven Apartments
June 30, 2023
Fairfield today announced the completion of the construction of The Belhaven Apartments in Alexandria, VA. The multifamily community located at 6375 Richmond Highway adds 349 studio, 1- and 2-bedroom apartments to the revitalization of the Route 1 Corridor, including 42 designated affordable units.
Fairfield ranks in National Affordable Housing Management Association 2023 Top 100
June 9, 2023
The NAHMA Affordable 100 comprises the largest affordable multifamily property management companies, ranked by affordable unit counts.
Fairfield ranks in Affordable Housing Finance Top 50
June 9, 2023
Fairfield has been ranked on the Top 50 Affordable Housing Owners of 2022 by Affordable Housing Finance.
Cool Gloss Design Package Kitchen and Living Room at The Quill Apartments in Milford, MA
May 31, 2023
Fairfield today announced the completion of the construction of The Quill Apartments in Milford, Mass. The multifamily community located at 200 Deer St. offers 242 1-, 2- and 3-bedroom units, including 61 designated affordable units.
2023 List of Top 50 graphic with images of apartment amenities.
April 13, 2023
Fairfield keeps moving up! This year, we increased our positions on both the Top 50 Largest Apartment Owners and Top 50 Largest Apartment Managers.
A graphic of Amy Garzot featured in San Diego Business Journal's Women of Influence in Construction
March 10, 2023
Amy Garzot featured in San Diego Business Journal's Women of Influence in Construction
The exterior of the Leasing Center at Vero Apartments in Chelsea, MA
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.
Natural light soaking the kitchen island at Verge Apartments in Atlanta GA
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.
A graphic of Michelle Lord Named Rainmaker in CRE Debt, Equity and Finance by GlobeSt. Real Estate Forum
February 14, 2023
Michelle Lord Named Rainmaker in CRE Debt, Equity and Finance by GlobeSt. Real Estate Forum
A graphic of Lisa Haring Featured in Kayo's Women in Multi-Family Investing
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!
Exterior of leasing office at the Almeda Park Apartments
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.
swimming pool at Dayton Park
December 8, 2022
The APFC committed $300 million to the open-ended Fairfield Affordable Housing Fund
Guardian Place Apartments exterior and landscaping and building entrance.
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.
The building exterior of an affordable housing property.
October 17, 2022
Fairfield has launched a new open-end affordable housing fund with ~$600 million of equity commitments closed to date in 2022.
A screenshot of a NAHB Power Hitters YouTube video with Tommy Brunson
September 23, 2022
Yield PRO TV presents NAHB Power Hitters. Host Linda Hoffman talks with Tommy Brunson, president of development and construction for Fairfield.
A large swimming pool at Grand Oaks Apartment Homes
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.
An NMHC graphic on Fairfield, ranked on the 2021 Affordable Housing Finance's Top 50
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.
Graphic for Alderwood Court Senior Affordable Apartments, ranked a 95 in the 2022 State ORA®️ Power Ranking
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.
Building exterior of a Fairfield Affordable Housing property.
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.
Woodlands at Forbes Lake graphic awarded the 2022 Community of the Year
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.
IDEA1 aerial exterior photo capturing the San Diego skyline
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.
Stafford Award graphic awarded to Lakeland Estates Apartments in the Local Business category.
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.
Empty land being prepared for property development.
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.
Building exterior of the Broadstone Candara property.
December 27, 2021
Fairfield has added Broadstone Candara in Los Angeles to its portfolio. Read the full article on Commercial Observer.
Governor's Smart Communities Award graphic awarded to Village at Totem Lake
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.
A collage of Fairfield's properties on an NMHC flyer.
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.
Interior living room at The Village at Totem Lake apartments.
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.
A screenshot of a video podcast, involving Greg Pinkalla, Chairman & CEO at Fairfield.
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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