Fifield Companies
Fifield Companies is a Chicago-based luxury real estate developer specializing in mid- and high-rise multifamily and mixed-use developments across major U.S. urban submarkets, executing projects via joint ventures with institutional equity partners and lenders.
- Company typePrivate
- Founded1979
- HeadquartersChicago, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Fifield Companies does
Fifield Companies is a privately-held, Chicago-based luxury real estate developer founded by Steve Fifield in 1979. The firm specializes in mid- and high-rise residential and mixed-use developments in major U.S. urban submarkets including Chicago, Los Angeles, Dallas, Miami, Denver, Austin, Washington D.C., and Southeast Florida. Its portfolio comprises 13,000+ residential units and 8.7 million square feet of commercial space across $7 billion+ of cumulative development value, including 45-story towers such as 727 West Madison, the K Station master-planned development, and LEED Platinum-certified boutique buildings in Santa Monica.
The company's core capabilities span land acquisition, finance, construction management, architecture and design, and asset management. Technology assets are limited to proprietary financial models for cash flow projections and sensitivity analysis, prop tech investments for asset management, and embedded smart-home features (e.g., Nest thermostats) in select developments. The firm operates an enterprise field-sales go-to-market model targeting high-barrier-to-entry urban submarkets through direct relationships with institutional equity partners, capital providers, and co-developers.
Revenue is generated through three primary streams: (1) development fees, asset management fees, and promote/incentive fees from joint venture partnerships; (2) income from developing and selling or holding multifamily and mixed-use properties; and (3) ongoing asset management of stabilized properties including lease-up strategy and disposition. Pricing is project-specific and quote-based, with luxury unit rents ranging from $1,900 to $13,870 in flagship Chicago projects. Capital is structured through project-level joint ventures with institutional investors (BlackRock, Carlyle, PGIM, Ares, Northwestern Mutual, Essex Property Trust, USAA, Nationwide, Washington Capital) and a co-development joint venture with Cypress Equity (Century West Partners), supplemented by construction and permanent debt from Fifth Third, CIBC, Comerica, Citizens Bank, Freddie Mac, Fannie Mae, and others.
Fifield Companies firmographics
Firmographics- Name
- Fifield Companies
- Legal name
- Fifield Companies
- Website
- https://fifieldco.com
- Company type
- Private
- Founded year
- 1979
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Fifield Companies is a Chicago-based luxury real estate developer specializing in mid- and high-rise multifamily and mixed-use developments across major U.S. urban submarkets, executing projects via joint ventures with institutional equity partners and lenders.
- Ownership category
- akta.pro rank
Fifield Companies industry classification
Industry- Product category
- Luxury Real Estate Development
- SIC
- Real Estate Dealers (For Their Own Account) (6532)
- akta.pro primary industry
- Real Estate Restructuring, Turnaround & Workout Advisory (Distressed Assets) (BPAJANAH)
- akta.pro secondary industry
- Real Estate Capital Markets Advisory (Debt/Equity Placement, Refinancing) (BPAJANAE)
Keywords
Where Fifield Companies is headquartered
LocationHeadquarters
- HQ city
- Chicago
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Fifield Companies business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Supply Chain
Revenue model
- Development Fees and Promote Income: Revenue generated from development fees, asset management fees, and promote/incentive fees from joint venture partnerships. The company structures deals with equity partners and co-developers, earning fees at various stages of project execution.
- Property Development and Disposition: Revenue from developing and selling/holding multifamily and mixed-use properties. The company has executed over $7 billion in developments across residential and commercial projects.
- Asset Management: Ongoing asset management oversight of stabilized properties, including commercial and residential property management oversight, lease-up and revenue management strategy, and asset disposition.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
Fifield Companies product offering
Product offeringCore offering
Fifield Companies is a luxury real estate developer that acquires, entitles, finances, designs, builds, and operates Class A+ mid- and high-rise multifamily and mixed-use developments in major U.S. urban submarkets. The firm executes ground-up developments through joint ventures with institutional equity partners and lenders, and generates recurring revenue through asset management of stabilized properties. Its portfolio includes transit-oriented apartments, master-planned districts, and LEED-certified boutique buildings across Chicago, Los Angeles, Dallas, Miami, Denver, Austin, and Washington D.C.
Product overview
Fifield Companies operates as a luxury real estate developer offering a portfolio of premium apartment and mixed-use developments across major U.S. markets. The company delivers Class A+ multifamily properties featuring high-end finishes, extensive amenity packages, and integrated retail components. Projects range from boutique mid-rise buildings to 45-story high-rise towers, with notable products including the K Station master-planned development in Chicago, transit-oriented developments near Brightline stations in Florida, and LEED Platinum certified properties in Santa Monica. The portfolio includes both ground-up developments and value-add acquisitions, with projects typically featuring smart home technologies, resort-style amenities, and curated retail spaces.
Differentiator
Problem solved
Functional benefit
Products and services
- Amara Wynwood A 210-unit, transit-oriented luxury apartment development located in Miami's Wynwood neighborhood, featuring a rooftop sun deck, fitness center, co-working space, and spa amenities. Targeted at urban professionals and families in a high-barrier-to-entry submarket adjacent to the planned Brightline station.
- Arden Englewood A 302-unit transit-oriented multifamily development in Denver-adjacent Englewood, featuring a resort-style pool, rooftop lounge, fitness center, and co-working space. Targeted at urban professionals seeking transit access in the Denver metro.
- Avida Aventura A 266-unit, 8-story transit-oriented apartment community in Miami's Aventura submarket, featuring an expansive outdoor deck, spa, and upscale unit finishes. Bank OZK is the construction lender. Targeted at professionals seeking transit-oriented luxury in the Aventura Brightline corridor.
- Logan (Logan's Crossing) A 220-unit mixed-use development in Chicago's Logan Square featuring 64,130 SF of retail including a Target anchor tenant, modern brick design, and local art murals. Fifth Third Bank provided a $67.5M construction loan; Nationwide was the equity partner.
- Catherine The largest and most amenitized apartment building in downtown Santa Monica, with 280 units featuring dual resort-style pools, a fitness center, and multiple roof decks with ocean views. USAA Real Estate is the equity partner and Union Bank participated in construction financing.
- Westerly An 188-unit, 11-story mixed-use development in Chicago's River West featuring brick and glass design with upscale finishes and proximity to transit. Washington Capital is the equity partner.
- The Sinclair A 390-unit, 35-story luxury tower in Chicago's Gold Coast with 55,540 SF of retail, featuring the largest green roof in the submarket and interiors inspired by designer Mick De Giulio. Unit rents range from $1,900 to $13,870 across 500–2,600 sq ft layouts.
- Next Apartments A 310-unit, 28-story high-rise in Chicago's River North featuring boutique retail and smart home technology including Nest thermostats. CIBC and Ullico provided construction financing.
- 727 West Madison A 492-unit, 45-story elliptical high-rise tower in Chicago's West Loop, the tallest building west of the Kennedy Expressway, featuring a distinctive glass façade design. Co-developed with F&F Realty with Ares Management as equity partner.
- Next on Lex A 494-unit development in Glendale, Los Angeles featuring loft-style units, a public paseo, and retail space including a CitiBank branch. Essex Property Trust is the equity partner and Citizens Bank is the lead construction lender.
- Knox Heights A 182-unit luxury building in Dallas' Knox-Henderson district featuring gourmet kitchens, wine fridges, and 10-foot ceilings. Value-add upgrades included a lobby redesign, gym makeover, closet organizers, pool heater, and a 48-piece art collection.
- Luxe on Madison A 102-unit development in Chicago's West Loop featuring a rooftop deck, dog run, and expanded fitness center, delivered in two phases (Phase I 2012, Phase II 2016).
- Next on Sixth A 398-unit mixed-use development in Los Angeles' Koreatown featuring a 22,000 SF Target store, fitness center, and rooftop amenities.
- E2 Apartments A 352-unit development in downtown Evanston featuring 16-story and 14-story towers connected by townhouse units, with a full-size indoor basketball court and theater. Northwestern Mutual is the equity partner and construction lender.
- K2LA A 477-unit three-phase development in Los Angeles' Koreatown featuring coworking spaces, swimming pools, and highly programmed roof decks. Co-developed with Cypress Equity Partners under the Century West Partners joint venture.
- Luxe on Chicago A 59-unit boutique mid-rise in Chicago's West Town with 14,000 SF of retail, featuring an upscale four-story design inspired by Santa Monica projects. Strand Partners provided equity and Freddie Mac provided permanent financing.
- Chelsea A LEED Platinum certified 53-unit boutique development in Santa Monica featuring fine finishes and 6,000 SF of retail on 2nd Street. Blackrock provided equity financing.
- Gibson Santa Monica A 106-unit upscale residence in Santa Monica with 7,800 SF of retail, featuring a diverse mix of restaurants and fitness studios. Cigna Insurance provided equity financing.
- Avant A 440-unit luxury mixed-use apartment project in Los Angeles' South Park with 10,875 SF of retail, developed by Fifield and Cypress Equity Partners (Century West Partners joint venture). The Carlyle Group provided equity.
- K2 Apartments A 496-unit, 34-story tower in Chicago's Fulton River District as part of the K Station master-planned development, connected via a bridge to a retail complex. CBRE Global Investors is the equity partner.
- Lakewood A 336-unit value-add apartment community acquired in 2015 in Austin's Pflugerville area, featuring a resort-style pool, coworking space, and upgraded units. Fannie Mae provided permanent financing. Value-add upgrades included gym expansion, clubhouse redecoration, coworking space addition, and unit upgrades with granite backsplashes and side-by-side washer/dryers.
- Real Estate Development Services End-to-end real estate development services including land acquisition, finance sourcing, construction management, architecture and design oversight, asset management, and disposition for institutional equity partners and capital providers across the U.S.
- Asset Management Services Ongoing asset management of stabilized multifamily and mixed-use properties, including commercial and residential property management oversight, lease-up and revenue management strategy, recapitalizations, and asset disposition for joint venture partners.
Quantifiable outcome
- 40+ years of successful development execution
- +1 more outcomes
Companies that use Fifield Companies
Customer profileNamed customers17 records
Segments4 records
Ideal customer profiles3 records
Fifield Companies technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Fifield Companies partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core.
- F&F RealtycoreCo-developer of 727 West Madison in Chicago's West Loop. F&F Realty partnered with Fifield on the 492-unit, 45-story luxury apartment tower, which is the tallest building west of the Kennedy Expressway.
- Cypress Equity PartnerscoreCo-developer of Avant and K2LA projects. Cypress Equity Investments partnered with Fifield on multiple Los Angeles developments including the 440-unit Avant in South Park and the 477-unit K2LA in Koreatown. Century West Partners is a joint venture of Fifield and Cypress.
- TerracocoreCo-developer and minority partner for Logan Apartments/Logan's Crossing. Terraco co-developed the 220-unit mixed-use project in Logan Square with Fifield, retaining a minority stake after property sale.
- Carroll PropertiescoreCo-developer for E2 Apartments in Evanston. Carroll Properties partnered with Fifield on the 352-unit development near Northwestern University.
Scale indicators6 records
Recent moves4 records
Expansion highlights4 records
Fifield Companies competitors and assessment
Company assessmentDirect peers
- Related Companies: Related Companies is a national luxury and mixed-use real estate developer with major presence in Chicago (Related Midwest) and California. It directly competes with Fifield on luxury high-rise multifamily and mixed-use developments in shared submarkets.
- The John Buck Company: John Buck Company is a Chicago-based real estate developer focused on luxury and mixed-use projects in downtown Chicago. Comparable to Fifield in geographic focus, product type, and institutional capital partner relationships.
- Sterling Bay: Sterling Bay is a Chicago-based developer known for large-scale office-to-residential and mixed-use redevelopments (e.g., Lincoln Yards). Comparable to Fifield's Chicago-centric urban development approach with institutional capital partnerships.
- JDL Development: JDL Development is a Chicago-based luxury multifamily and mixed-use developer. Similar product mix and geography to Fifield, with comparable pipeline scale and institutional JV partnerships.
- Magellan Development Group: Magellan Development is a Chicago-based luxury high-rise developer, notably behind Lakeshore East. Comparable to Fifield in luxury multifamily product, Chicago focus, and use of institutional equity partners for large-scale projects.
- Cypress Equity Investments: Cypress Equity is a Los Angeles-based multifamily investor and developer that has partnered with Fifield through Century West Partners on Avant, K2LA, and other LA projects. Closely comparable in geographic focus and product type.
- AMLI Residential: AMLI Residential is a luxury multifamily developer and operator with Class A urban and suburban properties. Comparable to Fifield in product positioning, with prior team overlap (Fifield's Jack Gillett previously worked at AMLI).
Broad incumbents
- Greystar Real Estate Partners: Greystar is the largest multifamily developer, operator, and investment manager globally. Competes with Fifield for institutional capital and renter demand, though at vastly greater scale across all multifamily tiers.
- Trammell Crow Residential: Trammell Crow Residential is a national multifamily developer with institutional capital relationships. Competes with Fifield on similar product types but operates across more geographies and price tiers.
- Brookfield Properties: Brookfield Properties is a major institutional real estate developer with multifamily, office, and mixed-use exposure. Comparable to Fifield in product type but operates with significantly larger capital base and broader mandate.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Fifield Companies social profiles
Digital presenceFifield Companies financial estimates
Financial estimateRevenue estimate
Valuation estimate
Fifield Companies leadership team
Management profileNumber of profiles
Profiles13 records
Fifield Companies subsidiaries and ownership
Company hierarchySubsidiaries3 records
Fifield Companies funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Fifield Companies M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Fifield Companies
What does Fifield Companies do?
Fifield Companies is a luxury real estate developer that acquires, entitles, finances, designs, builds, and operates Class A+ mid- and high-rise multifamily and mixed-use developments in major U.S. urban submarkets. The firm executes ground-up developments through joint ventures with institutional equity partners and lenders, and generates recurring revenue through asset management of stabilized properties. Its portfolio includes transit-oriented apartments, master-planned districts, and LEED-certified boutique buildings across Chicago, Los Angeles, Dallas, Miami, Denver, Austin, and Washington D.C.
Is Fifield Companies a public or private company?
Fifield Companies is a private company. It is classified as family owned and is currently operating.
When was Fifield Companies founded?
Fifield Companies was founded in 1979. It employs 11 to 50 people.
Where is Fifield Companies based?
Fifield Companies is headquartered in Chicago, United States, in the North America region.
How does Fifield Companies make money?
Three revenue lines are on record. Development Fees and Promote Income is the primary driver. The others are property Development and Disposition and asset Management.
Who are Fifield Companies's main competitors?
Direct peers on record are Related Companies, The John Buck Company, Sterling Bay, JDL Development, Magellan Development Group, Cypress Equity Investments and AMLI Residential. Broad incumbents are Greystar Real Estate Partners, Trammell Crow Residential and Brookfield Properties.
Does Fifield Companies have an API?
No public API is recorded for Fifield Companies.
What industry is Fifield Companies in?
Fifield Companies's product category is Luxury Real Estate Development. Its primary akta.pro industry code is BPAJANAH, Real Estate Restructuring, Turnaround & Workout Advisory (Distressed Assets), with a secondary code of BPAJANAE, Real Estate Capital Markets Advisory (Debt/Equity Placement, Refinancing). Its SIC code is 6532.