Company News

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.

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.

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.

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.

Read the full article on page 6 of the Sandy Springs Reporter.

Fairfield has added Broadstone Candara in Los Angeles to its portfolio. Read the full article on Commercial Observer.

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.

See the full list on Affordable Housing Finance.

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.

See all of the rankings from National Multifamily Housing Council.