Fairlawn is proud to announce its entry into the West Lafayette market with the acquisition of Fairway Apartments, an off-campus student housing community offering convenient access to Purdue University. This marks Fairlawn’s first property in West Lafayette, expanding the company’s student housing portfolio into one of the Midwest’s most dynamic university markets. Purdue University’s record enrollment growth and national reputation for innovation continue to drive demand for high-quality student housing.
Fairway Apartments includes 167 units with 298 beds and offers spacious one-, two-, and three-bedroom floorplans featuring stainless steel appliances, 1 Gb fiber internet, valet trash service, and in-unit washer/dryer. Community amenities include a pool, jacuzzi, 24-hour clubhouse with fitness center, dog park, fire pits, grilling areas, and more. Its proximity to campus and array of amenities make it a standout choice for Purdue students seeking convenience and community.
With recently renovated apartments, Fairway already offers students a high-quality living experience that Fairlawn is excited to build upon. Fairlawn plans a property-wide revitalization, including upgraded amenities and common areas, attention to deferred maintenance, and enhanced operations to further elevate the resident experience.
“The acquisition of Fairway represents an exciting milestone for Fairlawn as we expand into West Lafayette,” said Gozen Hartman, CEO of Fairlawn. “Purdue University’s strong enrollment growth and reputation for academic excellence make this a natural fit for our student housing strategy.”
Fairlawn is a vertically integrated multifamily real estate investment, management, and development firm based in Chicago and Champaign, IL, with roughly 5,750 units and $750 million in assets under management. More than 2,000 of these units – totaling over 3,000 beds – are dedicated to student housing, reflecting the company’s expertise in creating high-quality, amenity-rich communities for university markets. With ambitious plans for continued growth, Fairlawn is focused on expanding its portfolio across Illinois, Indiana, and other targeted Midwest markets.
