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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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Steadfast Apartment REIT Purchases Apartment Community Near Nashville

Friday, 01 May 2015   12:45

May 1, 2015 –Heritage Place Apartments, a Steadfast acquisition as of May 1, 2015, is located in the most highly-regarded suburb of Nashville—Franklin, Tennessee. This community features 13 two-story garden-style residential buildings, all consisting of two-bedroom layouts. Amenities include a pool, tennis court, and playground. New kitchen countertops, wood laminate flooring, and ceiling fan installations…

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Steadfast Apartment REIT Acquires Three Properties in Midwest for $80.8 Million

Monday, 06 April 2015   12:47

Apr. 6, 2015 – Steadfast announces the acquisition of three apartment communities in the Midwest: Reveal on Cumberland, Eagle Lake Landing Apartments, and Randall Highlands Apartments. Reveal on Cumberland and Eagle Lake Landing Apartments are both located within the greater Indianapolis MSA, an excellent market with unlimited potential. The company believes that the new Indiana…

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Steadfast Income REIT, Inc. Announces Results for the Year Ended December 31, 2014

Tuesday, 17 March 2015   12:47

Mar. 17, 2015 – December 2014 was a year of growth and new opportunity. Steadfast executed on all business initiatives to increase values for stockholders. Revenues increased by roughly 80% from December 2013 to December 2014. The company acquired seven multifamily properties and increased its multifamily portfolio by 65 properties. For more information view December…

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Steadfast Apartment REIT Acquires a $51 Million Apartment Community Near Atlanta

Friday, 13 March 2015   12:48

Mar. 13, 2015 – Preston Hills at Mill Creek, Steadfast’s second Atlanta-area acquisition, is located in Buford, Georgia, with easy access to shopping and thriving employment along the I-85 and Highway 316 corridor. Constructed in 2000, the apartment homes feature vaulted ceilings, fully equipped kitchens with breakfast bars, and Roman bathtubs in select units. Two…

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