• Fairfield residential

Totals

Total Square Footage 646,469
Total Dollar Volume $271,500,000.00

General

Established 1985
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Fairfield Residential Company LLC is among the most experienced multifamily real estate operating companies in the United States. The Company was built around providing complementary services throughout the life cycle of a project to real estate investors. We provide acquisitions, entitlement, development, construction, renovation, property and asset management, and disposition services to our joint venture affiliates and to third party entities.


We are privately held and offer a diversified product line including new construction of luxury apartment homes, university student housing, tax credit affordable housing properties, and renovated apartment homes in urban and suburban infill neighborhoods. We have specialized experience in mixed-use and transit-oriented attached housing communities.


Fairfield traces its roots to 1985 when its president and CEO formed the Fairfield Companies. Fairfield Residential Company LLC is partnered with our majority owner, Brookfield Asset Management, a global asset manager focused on real estate, renewable power, and infrastructure assets.


We are active in nearly 50 geographically diverse markets across the country and employ approximately 1,850 people, as well as numerous local contractors and subcontractors in the markets in which we operate. We have regional offices and administrative or specialty offices strategically located throughout the country to serve our operations.

Updates

Vero
- May 07, 2019

Framing Started for Fairfield Residential Project in Chelsea Framing has started for the first phase of what will be a nearly 700 unit residential project along Everett Avenue in Chelsea. The Fairfield Residential project, now called Vero, is just a few blocks from the new Chelsea Silver Line MBTA stop. Along with the 692 unit residential units the project will also feature around 8,500 square feet of ground-floor retail. First residences are expected to open in mid-2020.  


Vero
- Oct 30, 2018

Site Work Underway for Nearly 700 Unit Project in Chelsea Site work is underway for the upcoming Fairfield Residential Development on Everett Street in Chelsea.  The development is set to include 692 residential units along with around 8,000sf of retail space. According to Fairfield's website, they hope to complete the first phase of the project by Summer 2019. The development site is comprised of six contiguous parcels over 8.25 acres and is nearby to one of the new Silver Line MBTA stops in Chelsea offering easy access to Downton Boston.  


129 Dean Avenue
- Jul 09, 2018

Fairfield Residential Mortgages Franklin Development PropertyFairfield Residential has mortgaged the property at 129 Dean Avenue in Franklin, MA for $46,838,681 million via Capital One.The property is a 12.66-acre site and the proposed project would consist of a new 257-unit residential apartment style development, including a community clubhouse, pool area, dog park, and parking.


Vero
- Mar 08, 2016

BREAKING: Fairfield Residential of San Diego has closed on a series of parcels in Chelsea located steps to One North of Boston Phase Two and other development projects. The sale price is a combined $45,751,132.A two-phased residential project called Fairfield Chelsea appears to be planned for the parcels. The parcels were sold to two limited liability companies, Fairfield Chelsea Phase I LLC and Fairfield Chelsea Phase II LLC, both registered to Fairfield Residential. Based on deeds, the phases appear to be located on either side of Vale Street. The following are approximate site diagrams:Phase One -Phase Two -Fairfield Residential owns and operates residential buildings nationwide, including Baker Chocolate Factory apartments in Dorchester and Carson Tower Apartments in South Boston. A total of five deeds were recorded today; deeds for today's sale are posted below:1 -   2 -   3 -   4 -   5 -   


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Projects

129 Dean Avenue
Vero