Thursday, June 9, 2016

Fifield Realty Corp. Names Randy Fifield Chairwoman, Kevin Farrell President

  
Randy Fifield
CHICAGO, IL (June 9, 2016) – Fifield Realty Corp., one of the nation’s leading multifamily developers, today announced it has promoted Randy Fifield to the position of chairwoman, while Kevin Farrell was recently named president.

“With projects taking us from Los Angeles to Austin and, of course, many in our hometown of Chicago, this is one of the most active and exciting times in Fifield’s history and it’s an honor to have such driven and esteemed individuals leading the way for us,” said Steve Fifield, chairman of Fifield Cos., parent company of Fifield Realty Corp. 

As chairwoman of Fifield Realty Corp., Randy Fifield will oversee the design, marketing and execution of Fifield’s apartment projects in Chicago and Austin, Texas, along with those in Los Angeles with its sister company, Century West Partners.

Kevin Farrell
Since joining the firm in the 1990s, Randy Fifield has led the rapid growth of Fifield’s multifamily division and, alongside Steve, spearheaded the delivery of more than 3,000 luxury apartment units across the country.

Actively involved in all stages of the development process, she is currently managing the completion of four luxury rental projects comprising 1,492 units, all of which are set to deliver by the end of 2017.

They include NEXT, a 310-unit tower in Chicago’s River North neighborhood; The Sinclair, a 390-unit, transit-oriented mixed-use development in Chicago’s Gold Coast neighborhood; NEXT on Lex, a 494-unit complex in Glendale, Calif.; and NEXT on Sixth, a 398-unit community in Los Angeles. She also produces Randy Fifield Modern Living, a lifestyle blog.

“Randy’s passion and resolute vision that the luxury apartment market was the ‘next big thing’ in real estate has driven the Fifield Cos. to an unprecedented level of success,” said Steve Fifield.

 “Her foresight and understanding of the market has been vital to that success – from her innovative use of Designer Showcases to create buzz around our projects to the high-end unit finishes, luxury amenities and convenient work-from-home features that are hallmarks of our buildings. She is a masterful communicator and multi-tasker whose determination and leadership will take Fifield Cos. well into the future.

“I am in constant awe of her energy and enthusiasm,” he added. “She’s a champion of women in the commercial real estate field and the best partner I could have in business – and life.” 

Steve Fifield
A Northwestern University graduate, Randy Fifield serves on the boards of the Prentice Women’s Hospital and the Ann & Robert H. Lurie Children's Hospital of Chicago.
  
In his new role as president, Kevin Farrell will manage Fifield Realty Corp.’s national apartment acquisition program as well as its new construction and adaptive reuse projects in Chicago and Los Angeles.

Prior to joining Fifield in 2008, Farrell was a vice president at Related Companies, where he managed rental and for-sale residential development projects, including Roosevelt Square, a 2,400-unit mixed-income residential community on Chicago's Near West Side.

“I have worked with Kevin on and off for more than 30 years and feel privileged to have his expertise in acquisitions, development and construction as part of the Fifield family,” said Steve Fifield.

“It’s been very rewarding to watch him rise from a construction manager on the Fifield team during the 1980s to successfully leading our West Coast expansion with the creation of Century West Partners, which today has more than 2,300 units in various stages of development in the Los Angeles area. I look forward to seeing where his next chapter takes Fifield Cos.”

Farrell holds an MBA from the Illinois Institute of Technology and bachelor’s degree in civil engineering from the University of Illinois at Urbana-Champaign. Farrell recently served on the city of Chicago's Green Urban Design Task Force.

For a complete copy of the company’s news release, please contact:

Lehia Franklin Acox, lfacox@taylorjohnson.com, (312) 267-4511
Kim Manning, kmanning@taylorjohnson.com, (312) 267-4527


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