News

GranVida is transforming an existing office complex into 55 assisted living apartments and 15 memory care suites CARPINTERIA, Calif.—Steadfast Carpinteria Senior, LLC, announced that it has begun conversion of an office building at 5464 Carpinteria Avenue to create GranVida, Carpinteria’s first and only large-scale community for seniors needing assisted living or memory care. Working with…   READ MORE

IRVINE, Calif., May 11, 2016 – Steadfast Companies announced today several promotions within the company’s senior management positions. Tim Middleton, formerly executive vice president, real estate finance, has been promoted to chief investment officer (CIO); Bill Stoll, formerly executive vice president, acquisitions, has been promoted to executive vice president, real estate with overall responsibility for…   READ MORE

REIT Now Owns Six Communities in the Centennial State IRVINE, Calif., March 29, 2016 – Steadfast Apartment REIT announced the all-cash acquisition of Fielder’s Creek Apartments, a 217 apartment home community in Englewood—an attractive submarket only nine miles from downtown Denver—for $32.4 million. The REIT, which terminated its public offering on March 24, 2016, now…   READ MORE

Irvine, Calif., November 12, 2015 — Steadfast Apartment REIT, Inc. (the “Company”) announced today its operating results for the three and nine months ended September 30, 2015. For the three and nine months ended September 30, 2015, the Company had total revenues of $20.2 million and $40.7 million compared to $1.7 million and $1.9 million…   READ MORE

IRVINE, Calif., Nov. 2, 2015 – Steadfast Apartment REIT announced that it has acquired Meadows at River Run, a 374-unit apartment community located in Bolingbrook, Ill.—just 25 miles outside of the Chicago Central Business District—for a purchase price of $58.5 million. With the acquisition of Meadows at River Run, Steadfast Apartment REIT has acquired over…   READ MORE