Company News

Fairfield today announced the completion of West Village Poway Apartments in Poway, Calif., the first new rental housing to arrive in the city after several decades with no notable new multifamily development.

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.

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 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.