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Sign in Sign up for a FREE subscriptionFairfield Residential adds $150m to core-plus multifamily fund
Fairfield Residential, a San Diego–based apartment operator, has collected $150 million in commitments for its Fairfield U.S. Multifamily Core Plus fund, according to a recent SEC filing.
Opened in October 2019, the fund is seeking to raise $500 million to invest in core-plus multifamily assets in the United States.
Last June, California State Teachers’ Retirement System (CalSTRS), a long-time partner of Fairfield, purchased a majority interest in the company from Brookfield Asset Management. The Fairfield and CalSTRS joint venture focuses on affordable housing in the United States.
