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| 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.
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| 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.”
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| 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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