Return to News

Fairstead Investors Pump $500M into Next Growth Spurt

Real Estate Weekly | 10/20/21

Affordable housing

New York-based affordable housing investor, Fairstead, has announced a new $500 million equity commitment from investors to expand the company’s operations.

Since its founding in 2014, Fairstead has acquired or developed more than $4 billion of multi-family properties and is currently working on a pipeline of $2.3 billion in new acquisitions across the country including Florida, Kentucky, New Jersey, New York, Pennsylvania, and Washington, D.C.

The new capital will fund an expansion on its multi-family portfolio and enhance the firm’s prop tech, sustainability, and community impact programming for its affordable, workforce and market rate housing residents across the country.

Read Full Article

Real Estate Weekly|Fairstead Investors Pump $500M into Next Growth Spurt|10/20/21