Company News

Fairfield ranked on the 2025 National Multifamily Housing Council's authoritative rankings of the nation's Top 50 Owners and Top 50 Managers! This year, we are excited to be ranked #23 on the Top 50 Largest Apartment Owners list and ranked #43 on the Top 50 Largest Apartment Managers list.

Fairfield today announced the closing of its latest acquisition, Ironwood Crossing Apartments and Townhomes. Obtained through an off-market transition, the company leveraged industry relationships to add the affordable housing community to its growing footprint in the Dallas-Fort Worth metro.

Today Fairfield announced the completion of construction of Jayden Apartments, a newly developed residential community in Peabody, Mass., offering modern living spaces with a range of amenities designed to enhance residents' lifestyles. The community of one- and two-bedroom apartments is committed to providing quality housing options, including affordable units, to meet the diverse needs of the area.

Fairfield held its final close on February 25, 2025 for its Fairfield U.S. Multifamily Value Add Fund IV LP (“Fund IV”) with $1.47 billion of equity commitments, including $350.0 million of co-investment equity, exceeding its $1.0 billion target. Fairfield’s Value Add Fund III had raised approximately $1.0 billion of equity.

Fairfield today announced the completion of the final construction phase of The Braydon Apartments in Napa, Calif. The new phase adds 218 one-, two-, and three-bedroom apartment homes to the multifamily community located at 791 Vista Tulocay, bringing the development’s total to 500 new apartment homes and a robust suite of community amenities.

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.