FAIRFIELD COMPLETES CONSTRUCTION ON THE MOXLEY APARTMENTS IN FAIRFAX, VA

New Construction of Class A Apartments Includes Multifamily Housing and Retail

SAN DIEGO, CA – August 10, 2023 – Fairfield today announced the completion of construction of The Moxley Apartments in Fairfax, VA. The multifamily community located at 4040 Gateway Drive adds 403 brand-new studio, 1-, 2- and 3-bedroom apartments to the D.C. metro area, including 24 designated affordable units.

"Located at the nexus of Main Street and Fairfax Boulevard, the Moxley is representative of Fairfield's focus on increasing Class A apartment homes in markets with a high barrier to entry across Northern Virginia," said Vice President of Development Trey Kirby. "Not only does The Moxley add housing, it also boasts over 15,000 square feet of fully leased on-site retail to complement its best-in-class amenities across three buildings."

Amenities at The Moxley include a state-of-the-art fitness center with dedicated spin room, a leisure pool with spacious sun deck, a business center with collaboration booths and complimentary Wi-Fi, and a deluxe social lounge with demonstration kitchen and billiards table. The pet-friendly community also features a fully fenced dog park and dog spa with self-service grooming station.

The west side of building 600 at The Moxley features a large-scale mural depicting a classic Pontiac Silver Streak centered in the foreground with local landmarks such as the historic Fairfax courthouse and the classic roadside diners and motels along Routes 50 and 29. Visible from Fairfax Boulevard, this 10-foot by 20-foot public artwork representing the economic rebirth and constant evolution of the area was designed and painted by artists Michael Pacheco and Rodrigo Pradel.

The Moxley Apartments is now open and leasing online and in person. Visit TheMoxleyApartments.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 approximately 40,000 units 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: