Fairstead acquired City View Park, a 503-unit affordable housing community in Louisville, Kentucky.
With this acquisition, Fairstead’s national footprint now exceeds 26,000 apartment homes across 28 states. Statewide, the transaction increases Fairstead’s footprint to more than 1,600 homes.
City View Park, located at 625 S. 10th St., was acquired through the purchase of a general partner interest. The acquisition underscores Fairstead’s commitment to creating thriving, affordable communities in high-demand markets where families feel safe, connected and supported. Fairstead will assume the role of owner and property manager at City View Park, where residents will benefit from new programming and increased access to services, while preserving affordability…