As multifamily continues to dominate, investors are gathering steam (and cash) to follow the opportunities in markets like California, DC, and Boston, says Fairfield Residential Co SVP Brent Ball. The multifamily investment company is pursuing a variety of investment vehicles with institutional partners. With equity from Brookfield Asset Management and its long-standing partner, CalSTRS, Brent says the firm continues to be active in the multifamily housing marketplace. He's seeing the return of development and construction (and the Jedi), along with the growth of Fairfield?s other business lines. Activity is focused largely on the coastal markets where Fairfield has always had a stronghold. Fairfield also has some properties for sale including Bellingham (pictured), a 201-unit garden apartment complex in Marietta, Ga.
Look familiar, road warriors? This is the best we could do for a picture of Brent since he's been jet-setting around the country. While he's elusive, you can hear more from him as he joins Gables Residential prez/CEO David Fitch and AMLI Residential Partners founder, chairman/CEO Gregory Mutz at the second annual BisnowDFW Multifamily Summit. (Register now.) Great schmoozing, too!