Steadfast Companies

Operational Fact

Since its formation in 1994, Steadfast Companies has acquired, refurbished or developed more than 40,000 apartment units. They currently own and/or operate a diverse portfolio of approximately $5.4 billion in investments, consisting of 38,000 units in 19 states across the United States and three resorts and two commercial projects in Mexico.

Steadfast Companies is a group of integrated real estate investment, management and development companies, and through its affiliate, Stira Capital Markets Group, designs alternative investments to help investors diversify their portfolios while potentially enhancing their returns and balancing their risk profile.

The foundation of Steadfast Companies is based on its five core values: Proceed with Integrity; Value People; Embrace Opportunity; Pursue Excellence; and Do Good as We Do Well. Adherence to these core values has resulted in the growth of a multi-faceted investment management organization that is able to utilize its extensive experience, long-standing industry relationships and strong capabilities to quickly evaluate and pursue opportunities that provide favorable results for all interested parties.

Performance Fact

On March 14, 2018, the board of directors of Steadfast Apartment REIT determined an estimated value per share of common stock of $15.18, calculated as of December 31, 2017. This updated NAV represents a $0.33 increase above the previous NAV as of December 31, 2016. The increase was largely due to an increase in the estimated value of their real estate properties.

About Sponsor

Founded: 1994

Founder:

Rodney Emery

Management Team:

Rodney Emery:

Chairman & Chief Executive Officer

Dinesh Davar:

Chief Financial Officer

Ana Marie Del Rio:

Chief Administrative Officer

Randall Ell:

Chief Operating Officer

Phillip Meserve:

President & Chief Executive Officer (Stira Capital Markets Group); President (Stira Investment Adviser)

Ella Neyland:

President (Steadfast REITs)

Sponsor Contact Information

Steadfast Companies
18100 Von Karman Avenue
Suite 500
Irvine, CA 92612

Phone
877-525-7264

Fax
949-852-0143

Sponsor Snapshot

Capital Raise Fact

Steadfast Companies has raised a total of approximately $1.6 billion in the public offerings of three different nontraded REIT offerings. Steadfast Income REIT and Steadfast Apartment REIT raised $745 million and $725 million, respectively, during their public offerings, both of which have since closed. Steadfast Apartment REIT III, their only open REIT, has raised approximately $175 million, including $17.3 million in the first three months of 2018.

AUM*
$3.4 Billion

Total Equity Raised**
$2.0 Billion

Number of Liquidity Events***
0

* Total assets for all active alternative investments reported by sponsors.
** During offering periods, including DRIP proceeds, for all offerings reported by sponsors.
*** As defined by Blue Vault where total liquidity has been achieved for common stock.

Links

Steadfast Companies website

Stira Capital Markets Group website

SEC Filings

Wholesaler Team

Steadfast Apartment REIT Discloses Higher NAV

Steadfast Income REIT Lowers NAV per Share and Distribution Rate

Steadfast Income REIT Enters Joint Venture with Blackstone REIT

Steadfast Apartment REIT III Announces new CFO

Steadfast Apartment REIT III Acquires Seventh Apartment Property

Steadfast Apartment REIT Announces NAV of $14.85 Per Share

Steadfast Income REIT Announces NAV of $11.65 Per Share

Steadfast Apartment REIT Raises NAV Per Share

Steadfast to Launch $3 Billion Closed-end Fund

Steadfast Apartment REIT III Acquires First Asset for $7.6 Million

Steadfast Apartment REIT Approves New Estimated Value of $14.46 Per Share

Steadfast Apartment REIT Buys Horseshoe Lake Apartments in Loveland

Steadfast Apartment REIT Buys Stoneridge Farms in Nashville for $47.8 Million

Steadfast Apartment REIT Buys Apartment Community in Metro Atlanta for $51.4M

Steadfast REIT Grows in Peachtree State

Press Releases

Stira Capital Markets Group Hires Veteran Regional Vice President for Northwest Territory

Nontraded REITs

Product Name

Effective Date

Close Date

Asset Type

LifeStage

Capital Raised

Total Assets

Investments

As of Date

Liquidity

REIT Name
Steadfast Apartment REIT III, Inc.

Effective Date
2/5/16

Closed Date
2/5/19

Asset Type
Multifamily

LifeStage
Emerging

Capital Raised
$175.0M

Properties
$388.5M

Investments
9

As of Date
3/31/18

Liquidity
SRP/Tender

REIT Name
Steadfast Apartment REIT, Inc.

Effective Date
12/30/13

Closed Date
3/24/16

Asset Type
Multifamily

LifeStage
Maturing

Capital Raised
$724.8M

Properties
$1,435.9M

Investments
34

As of Date
3/31/18

Liquidity
SRP/Tender

REIT Name
Steadfast Income REIT, Inc.

Effective Date
7/19/10

Closed Date
12/20/13

Asset Type
Multifamily

LifeStage
Maturing

Capital Raised
$745.4M

Properties
$1,139.2M

Investments
38

As of Date
3/31/18

Liquidity
SRP/Tender

Nontraded Closed-End Funds

Product Name

Effective Date

Close Date

Asset Type

Capital Raised

Total Assets

As of Date

Liquidity

Product Name
Stira Alcentra Global Credit Fund

Effective Date
5/8/17

Close Date
Continuous

Asset Type
Debt

Capital Raised
$9.6M

Total Assets
$11.9M

As of Date
12/31/17

Liquidity
SRP/Tender

Private Placements

Number of Private Placements

Capital Raised

Assets Under Management

As of Date

More Private Placement Information

Number of Private Placements
1

Capital Raised
$26.0M

Assets Under Management
Not applicable

As of Date
1/6/15

More Private Placement Information
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Liquidity date: January 5, 2015

DISCLAIMER: Blue Vault receives all private placement data directly from the sponsor of each offering and not from any filing. The data should not be relied upon to make investment decisions. Blue Vault cannot guarantee the accuracy of the private placement data.

Steadfast Companies