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Steadfast Apartment REIT Enters South Carolina with $66.8 Million Purchase

Tuesday, 07 July 2015   12:11

July 7, 2015 – In July, Steadfast made a strong addition to their portfolio with the acquisition of Arbors at Brookfield, their first South Carolina property. Located in Mauldin, South Carolina, Arbors at Brookfield is comprised of 35 two- and three-story buildings. The 702-unit apartment community features three swimming pools, a fitness center, and multiple…

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Steadfast Apartment REIT Enters the Denver Market

Wednesday, 01 July 2015   12:12

July 1, 2015 – Steadfast now owns 916 apartment homes in Colorado with the purchase of Bella Terra at City Center and Hearthstone at City Center. Both are located in Aurora, Colorado, where limited new construction shows a healthy demand for the communities in the future. A 304-apartment home community, Bella Terra at City Center,…

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Steadfast Apartment REIT Adds 900 Apartment Homes to Growing Portfolio for $88.5 Million

Wednesday, 03 June 2015   12:13

June 3, 2015 – In June of 2015, Steadfast continued to expand its presence in both Alabama and Georgia. 20 minutes south of downtown Birmingham, the company’s new acquisition, Ridge Crossing Apartments, consists of 71 two- and three-story garden-style buildings with a mix of one-, two-, and three-bedroom units. The community’s recent renovations include black…

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Steadfast Apartment REIT, Inc. Announces Intention to Disclose an Estimated Value Per Share in 2015 Annual Report

Wednesday, 03 June 2015   12:12

June 3, 2015 – In June 2015, Steadfast announced a change of disclosure in their annual report. The 2015 annual report will now disclose an estimated value per share of the Steadfast Apartment REIT’s common stock. The company’s assets and liabilities with the assistance of a third-party value will comprise the new estimated value per…

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Steadfast Apartment REIT, Inc. Announces Results for the Quarters Ended March 31, 2015

Wednesday, 13 May 2015   12:14

May 13, 2015 – With the acquisition of 1,299 apartment homes in target markets, the quarter from December 2014 to March 2015 proved to be solid. The company had total revenues of $7.7 million while net loss was $7.5 million. With a continual effort to acquire well-located communities in strong-growth markets, the next quarter shows…

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