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 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.