Company News

Fairfield acquired 24 multifamily communities throughout the United States with a valuation of $1.8 billion in 2024, including affordable and market-rate housing options. With these acquisitions, the organization added 7,216 apartment homes to its strategic footprint last year and continues to pursue opportunities to deploy capital.

Fairfield today announced the acquisition of Riverpark Apartments, a community of 321 studio, one-, two-, and three-bedroom apartments and lofts in Redmond, Wash., that includes 32 affordable apartments.

Fairfield recently closed on the acquisition of Chroma Park Apartments, a 365-apartment housing community in Austell, GA. The property contains a mixture of one-, two-, and three-bedroom floor plans and offers residents the conveniences of a luxury community with upgraded finishes and amenities.

Fairfield recently closed on the acquisition of four multifamily communities with plans to add value through renovations. Parkfield Apartment Homes and Sienna at Cherry Creek Apartments are the organization’s third and fourth assets acquired in Colorado this year, adding 476 and 220 apartment homes to Fairfield’s footprint respectively, while Deerwood Apartments and Marquessa Villas Apartments and Townhomes add 316 and 336 homes respectively in Southern California.

Fairfield today announced the acquisition of St. Lucia Apartment Homes, Kaleidoscope Apartment Homes, and Collage Apartment Homes in Las Vegas, Nevada, adding 882 apartments to its portfolio in the region.

Fairfield recently closed on the acquisition of The Apartments at Shade Tree, a 248-apartment housing community offering a mixture of one-, two- and three-bedroom floor plans and the unique opportunity for residents to live on the highly desirable Johns Island in the Charleston MSA with the conveniences of a luxury complex.

Fairfield today announced the completion of the final construction phase of 333 Ellington Apartments inside the Downtown Crown planned community development. Located in the heart of the master plan at 333 Ellington Blvd., Gaithersburg, MD, this brand-new multifamily community adds 244 spacious studio, one-, two-, and three-bedroom apartments, including 27 affordable homes.

Fairfield today announced the completion of the final construction phase of Bevel Apartments located at 3250 Barnett Avenue in San Diego, CA. Across the street from the Marine Corps Recruit Depot San Diego and close to both historic Old Town San Diego and the Liberty Station planned development, this brand-new multifamily community adds 405 studio, 1- and 2-bedroom apartment homes to San Diego’s burgeoning Midway District.

Proud of providing residents quality living at a price they can afford, we are excited to be ranked on the National Affordable Housing Management Association's Affordable 100 list of the largest affordable multifamily property management companies.

This year, we are excited to be ranked on the NMHC Top 50 Largest Apartment Owners and Top 50 Largest Apartment Managers and the NMHC Top 25 Developers and Top 25 Builders.