Fairstead has made a $242 million acquisition and rehabilitation of Haverstock Hills Apartments, a 700-unit affordable housing community in Houston’s East Aldine neighborhood. Haverstock Hills will undergo sweeping renovations, including in-residence, exterior and common-area upgrades, as well as enhanced amenities to modernize the property and improve operating efficiencies. Fairstead will also invest heavily in new safety and security measures across the property to improve resident well-being and families’ overall experience.
The acquisition and rehabilitation of Haverstock Hills reinforces Fairstead’s commitment to creating thriving, affordable communities in high-demand markets where families feel safe, connected and supported. With this purchase, Fairstead’s Houston portfolio now includes nearly 2,000 affordable homes, while its national footprint spans more than 27,000 residences across 28 states.
“Our team has made meaningful investments in the city
