1531 Utah Avenue South. 3100 Airport Way. Steadfast Apartment REIT Purchases 315-Unit Apartment ... Steadfast Apartment REIT Inc | 26 followers on LinkedIn. Charts: gross margin, EBIT, Net Income, EBITDA, ROE, ROA, etc. View Prospectus . Steadfast Apartment REIT Inc, STFR:PKC summary - FT.com Steadfast Living offers pet-friendly apartments for rent across North America. REIT News Headlines. According to a letter to shareholders, Steadfast is cutting its distribution rate nearly in half, from $0.90 per share to $0.5250 per share. In two separate transactions totaling $157 million, Steadfast Apartment REIT has acquired four multifamily communities offering a combined 1,072 units. The Company invests in and manages portfolio of multi-family properties and apartments. Strategic Storage Trust II . What you should know. UPDATE 6/8/2020: The board of Steadfast Apartment REIT has appointed Ella Neyland to serve as the company's chief financial officer and treasurer following the recent resignation of Kevin Keating. Steadfast Apartment REIT, Inc., Steadfast Income REIT and Steadfast Apartment REIT III are public, non-traded corporations that have elected to be taxed and currently qualify as real estate . The company was founded in 2015 and is based in Irvine, California. The newly combined Steadfast Apartment REIT would then own 70 properties and approximately $3.2 billion in total assets. Steadfast Apartment REIT III, Inc. operates as a subsidiary of Star III Carriage House, LLC. In such cases there are typically very few choices, and with little to no means to sell, shareholders can find themselves stuck with an investment. 1501 First Avenue S, LP. Steadfast Apartment REIT, Inc. 1000 First Avenue, LP. 1531 Utah Avenue South. STEADFAST APARTMENT REIT III, INC. In August 2019, a proposed merger of Steadfast Apartment REIT (STAR), Steadfast Apartment REIT III (STAR III), and Steadfast Income REIT (SIR) was announced with a proposed closing anticipated in the first quarter of 2020. About 106 million shares outstanding of Steadfast Apartment REIT will convert into 0.905 shares each of newly issued IRT common stock and cash in lieu of fractional shares. Information provided other than what is contained in a specific tender Offer document is neither an offer to buy nor a solicitation of an offer to sell Shares. pursuant to the plan of liquidation, on december 17, 2018, kbs legacy partners apartment reit, inc.'s (the company") board of directors authorized a final liquidating distribution in the amount of $0.26492767 per share of common stock of the company's stockholders of record as of the close of business on december 17, 2018 (the "final liquidating … This means that shareholders who bought their Steadfast Income shares at $10 per share, will now only have an amount equivalent to $9 . Ella Neyland, President and CFO, Steadfast Apartment REIT "The last few months have created a new definition for 'unprecedented.' You may not be able to predict, but you can certainly try to prepare for these 'unprecedented' times. Use the headlines story to start a discussion and exchange of ideas in the REITNotes™ Community, by clicking on "Comment." Go! NEW YORK, NY / ACCESSWIRE / December 4, 2021 / Juan Monteverde, founder and managing partner of the class action firm Monteverde & Associates PC (the "M&A Class Action Firm"), a national securities class action firm rated Top 50 in the 2018-2020 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating Steadfast Apartment REIT . Strategic Realty Trust . Healthcare Trust is a non-traded REIT which invests in multi-tenant medical office buildings. Ella Neyland, president of Steadfast Income REIT and Steadfast Apartment REIT, joined REIT.com for a video interview during REITWeek 2015: NAREIT's Investor . The Steadfast Apartment REIT (STAR) stated current value based on the sponsor representations is reporting $15.84/share. After the merger is completed, the company will keep the Independence Realty Trust name. 2413 Pacific Avenue. [2020] Steadfast Apartment REIT III, Inc. [2020] Steadfast Apartment REIT, Inc. [2020] Steadfast Income REIT, Inc. [2020] STORE Capital Corporation (01/22/2021) [2020] Strategic Realty Trust Inc. [2020] Summit Hotel Properties, Inc. (01/15/2021) [2020] Sun Communities, Inc. (01/20/2021 . About Steadfast Apartment REIT, Inc. 2931 1st Avenue South. PHILADELPHIA & IRVINE, Calif., July 26, 2021 -- ( BUSINESS WIRE )-- Independence Realty Trust, Inc. (NYSE: IRT) ("IRT") and Steadfast Apartment REIT, Inc. ("STAR") today announced that they have. Summit Healthcare REIT. The value of the merger in terms of IRT shares to the common shareholders of Steadfast Apartment REIT would be $21.86 per share. Steadfast Income REIT. The merger will join together two high-quality portfolios with complementary . Companies of the same agent name - CORPORATION SERVICE COMPANY WHICH WILL DO BUSINESS IN CALIFORNIA AS CSC - LAWYERS INCORPORATING SERVICE. Under the terms of the mergers, Steadfast Income REIT shareholders are expected to receive 0.5934 shares of Steadfast Apartment common stock. In addition to its . RR: 5.3. On October 27, 2021, IRT's common stock closed at $22.66 per share. Forward-Looking Statements . BMO Capital Markets was financial adviser to SIR's special committee of its board. Steadfast Apartment REIT is a publicly registered non-traded real estate investment trust ("REIT"). Steadfast Capital Market Group, LLC, member FINRA/SIPC, is the dealer manager for securities offered by Steadfast Companies or its affiliates. Latest Steadfast Apartment REIT Inc (STFR:PKC) share price with interactive charts, historical prices, comparative analysis, forecasts, business profile and more. SHAREHOLDER ALERT . Independence Realty Trust closed its deal with Steadfast Apartment REIT last week. STAR shareholders will receive 0.905 shares of IRT common stock as consideration for the merger. RESULTS FOR THE YEAR ENDED DECEMBER 31, 2017. Steadfast Apartment REIT Inc., a publicly registered non-traded real estate investment trust, has declared a $15.23 per share net asset value of its common stock as of March 6, 2020. IRT will maintain its . Here we seek to bring you the latest Press Releases (PR), reports, and breaking news directly from the REITs. The company's valuation takes into account its recent mergers with affiliated non-traded REITs , Steadfast Income REIT Inc. (SIR) and Steadfast Apartment REIT III Inc. (STAR III), which closed on March 6, 2020. Montecito Property Company was the second largest condo conversion company with over $2 . Through the merger, the combined . Around the world * AEW SA, backed by Natixis, deferred its planned €900 million . AR Global's Healthcare Trust REIT NAV Plummets. As used herein, the terms "we," "our" and "us" refer to Steadfast Apartment REIT, Inc., a Maryland corporation. Steadfast Apartment REIT, Inc. is a real estate investment trust that was formed to acquire and operate a diverse portfolio of well-positioned, institutional-quality apartment communities in targeted markets throughout the United States that have demonstrated high occupancy and income levels across market cycles. Steadfast Apartment REIT targeted established, stable apartment communities with operating histories that demonstrated consistently high occupancy and income levels across market cycles. Kevin Keating also resigned as the treasurer of the company's external advisor, Steadfast Apartment . The REIT's board authorized an initial liquidating distribution of 75 cents per common share. PHILADELPHIA & IRVINE, Calif.-- (BUSINESS WIRE)-- Independence Realty Trust, Inc. (NYSE: IRT) ("IRT") and Steadfast Apartment REIT, Inc. 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