Fairfield Company Market Research Report

Company Overview

Name

Fairfield

Mission

Creating Better Living for Better Lives.

Founding

Founded in 1985.

Founders

No information is available.

Key People

Richard Boynton - Chairman & Chief Executive Officer

Tommy Brunson - President - Development & Construction

Shant Koumriqian - Executive Vice President, COO & CFO

Josh Kawaii-Bogue - Executive Vice President - Investment Management

Lisa Haring - Executive Vice President - Portfolio Management

Wesley Dickerson - Executive Vice President - Acquisitions

Christopher Ruffolo - Executive Vice President - Asset Management

Michelle Lord - Executive Vice President - Project Finance

Trey Stafford - Executive Vice President - Capital Markets

Paul Kudirka - Executive Vice President - Affordable Housing

Robert Salkovitz - Executive Vice President - Construction

Liz Culibrk - Senior Vice President - Property Management

Jenna Woods - Senior Vice President - Legal and Transactions

Chris Hasioka - Founder & Board Advisor

Greg Pinkalla - Board Advisor

Headquarters

San Diego, California.

Number of Employees

1,440 employees nationwide (as of June 30, 2024).

Revenue

No information is available.

Core Offering

Fairfield is known for development, construction, acquisition, skillful asset and property management, and disposition services.

Products

Products Offered

Multifamily Communities

Product Description

Fairfield offers luxury new construction, renovated apartment homes, and tax credit affordable housing in both urban and suburban neighborhoods.

Key Features

Vertically integrated platform providing comprehensive services such as development, construction, renovation, asset and property management, and acquisition and disposition services.

Recent Developments

Acquisitions

Actively acquiring multifamily communities, with recent expansions in California and Colorado. Acquired Parkfield Apartment Homes and Sienna at Cherry Creek Apartments in Colorado, and Deerwood Apartments and Marquessa Villas Apartments and Townhomes in Southern California.

Acquisitions in Las Vegas, Nevada: St. Lucia Apartment Homes, Kaleidoscope Apartment Homes, and Collage Apartment Homes, adding a total of 882 units to the portfolio.

New Construction

Completed construction on numerous multifamily complexes such as the 333 Ellington Apartments in Gaithersburg, MD, Bevel Apartments in San Diego, CA, and more.

Rankings and Awards

Ranked on the 2024 NMHC Top 50 Largest Apartment Owners and Managers.

Recognized on the National Affordable Housing Management Association's Affordable 100 list of largest affordable multifamily property management companies.

Featured on the Affordable Housing Finance Top 50 list of 2022.

New Features and Investments

Launched formal ESG guidelines and a Diversity, Equity, and Inclusion committee.

Engaged in investment strategies alongside CalSTRS to bring strategic stability.

Committed to the Fairfield Affordable Housing Preservation Fund.

Partnerships

Joint ventures with CalSTRS and other large institutional investors to fuel strategic investment opportunities.

This report provides insight into Fairfield's operations, leadership, recent market actions, and its role in multifamily real estate across the United States.