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Sign in Sign up for a FREE subscriptionFairfield Residential seeks $500m for new real estate fund
Fairfield Residential, a San Diego–based apartment operator, has launched a new real estate fund, targeting core-plus multifamily assets in the United States.
According to an SEC Form D filing, the fund, Fairfield U.S. Multifamily Core Plus, is seeking $500 million in capital commitments.
In May, the $233.9 billion California State Teachers’ Retirement System (CalSTRS) announced plans to acquire Fairfield Residential from Brookfield Asset Management. CalSTRS has been a partner of Fairfield’s since 1997 and a minority owner since 2005.
