News

RVINE, Calif., July 7, 2015 – Steadfast Apartment REIT announced today the acquisition of Arbors at Brookfield, a 702-unit apartment community in Mauldin, S.C., less than eight miles from the Greenville CBD, for $66.8 million. The acquisition marks Steadfast Apartment REIT’s entry into South Carolina and it has now invested more than $687 million in…   READ MORE

IRVINE, Calif., July 1, 2015 – Steadfast Apartment REIT announced today the acquisition of two apartment communities, Bella Terra at City Center and Hearthstone at City Center, located in Aurora, Colo., just 20 minutes outside of Denver’s Central Business District for an aggregate purchase price of $91 million. Steadfast Apartment REIT has now invested over…   READ MORE

IRVINE, Calif., June 3, 2015 – Steadfast Apartment REIT announced today the acquisition of two apartment communities in two separate transactions with an aggregate purchase price of $88.5 million and 900 total apartment homes. Steadfast Apartment REIT now has invested approximately $529 million in 15 apartment communities in eight states.   “We believe the apartment…   READ MORE

IRVINE, Calif., June 3, 2015 – Steadfast Apartment REIT, Inc. announced today that its board of directors intends to disclose an estimated value per share of Steadfast Apartment REIT’s common stock in its 2015 annual report, which will be filed in March 2016. The estimated value per share would be based on the valuations of…   READ MORE

Irvine, Calif., May 13, 2015 — Steadfast Apartment REIT, Inc. (the “Company”) announced today its operating results for the three months ended March 31, 2015. For the three months ended March 31, 2015, the Company had total revenues of $7.7 million while net loss was $7.5 million. Total assets of the Company grew from $306…   READ MORE