FAIRFIELD COMPLETES CONSTRUCTION ON SECOND PHASE OF ALTITUDE APARTMENTS

Newly Expanded Multifamily Housing Helps Satisfy Area Demand in South San Francisco

SAN DIEGO, CA – NOVEMBER 21, 2023 – Fairfield today announced the completion of the final construction phase of Altitude Apartments in South San Francisco, Calif. The new building adds 94 studio, 1- and 2-bedroom apartment homes to the multifamily community located at 150 Airport Blvd., bringing the total to 251 apartment homes, including options with a den and 11 designated affordable apartments.

Adding additional value to the area, Altitude Apartments offers commercial space fronting the newly completed Caltrain plaza at South San Francisco Station to create synergy between the mixed-use development, the recently constructed South San Francisco Caltrain station, and downtown South San Francisco.

“The location of this new community benefits from being walking distance to the many shops and restaurants nearby, as well as the neighboring Caltrain station, which offers accessibility to the greater Bay Area,” said Senior Vice President of Development Brendan Hayes. “It also benefits from close proximity to Oyster Point, which has become one of the largest life science employment hubs in the country.”

Altitude Apartments offers modern living through a selection of designer-inspired interiors and thoughtful amenities including a state-of-the art fitness center, co-working lounge, clubroom with arcade, a number of outdoor social spaces with BBQs and fire pits, and views of downtown and the surrounding area from different vantage points throughout the community, including elevated decks. The pet-friendly community also features a dog spa and encourages car-free living with ample bike storage and a dedicated bicycle repair room.

Both phases of Altitude Apartments are now open and leasing online and in person. Visit www.LiveAltitudeApartments.com to schedule a tour or start the leasing process.

About Fairfield

Fairfield is a leading owner, developer, and operator of multifamily communities throughout the U.S. We manage nearly 40,000 apartment homes nationwide across luxury new construction, renovated apartment homes, and tax credit affordable housing in urban and suburban neighborhoods. We offer a vertically integrated national multifamily services platform providing development, construction, renovation, asset and property management, and acquisition and disposition services to our investors. Fairfield operates nationwide with regional offices in Atlanta, Boston, Dallas, Denver and Washington, D.C. Fairfield Realty Advisors LLC is registered as an investment adviser with the U.S. Securities and Exchange Commission.

For more information, please visit our website at www.fairfieldresidential.com or contact: