Purchase Your BlueVault Research SubscriptionSteadfast Companies
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.
About Investment Manager
Founded: 1994
Founder:
Management Team:
Sponsored Offering(s):
(See tables below)
REITs
Nontraded Closed-End Funds
Stira Alcentra Global Credit Fund (formerly Steadfast Alcentra Global Credit Fund)
Contact Information
Steadfast Companies
18100 Von Karman Avenue
Suite 500
Irvine, CA 92612
Phone
877-525-7264
Fax
949-852-0143
Snapshot
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
Stira Capital Markets Group website
California Apartment REIT Buys Dallas Property After Merging Funds
Steadfast Apartment REIT III Shareholders Approve Merger with Steadfast Apartment REIT
Steadfast Income REIT Shareholders Approve Merger with Steadfast Apartment REIT
Press Releases
Steadfast Apartment REIT Announces Internalization of Management
Steadfast Apartment REIT Approves New Estimated Value Per Share of $15.23 Per Share
Three Steadfast REITs Complete Merger
Nontraded REITs
Steadfast Apartment REIT III, Inc.
2/5/16
8/31/18
Multifamily
Full-cycle*
$205.2M
$402.8M
Not applicable
Not applicable
Not applicable
*Steadfast Apartment REIT III, Inc. ("STAR III") merged with Steadfast Apartment REIT, Inc. ("STAR") and Steadfast Income REIT, Inc. ("SIR") on March 6, 2020, with Steadfast Apartment REIT, Inc. being the surviving entity. STAR III did not file a 10-k for 2019. This is not considered a full-cycle event as shareholders have not received full liquidity. When STAR has a full-cycle event, STAR III will also be classified as full-cycle.
Steadfast Apartment REIT, Inc.
12/30/13
3/24/16
Multifamily
Maturing
$724.8M
$3,187.8M
72
3/31/20
SRP/Tender
Steadfast Apartment REIT, Inc. ("STAR") merged with Steadfast Apartment REIT III, Inc. ("STAR III") and Steadfast Income REIT, Inc. ("SIR") on March 6, 2020, with Steadfast Apartment REIT, Inc. being the surviving entity.
Steadfast Income REIT, Inc.
7/19/10
12/20/13
Multifamily
Full-cycle*
$745.4M
$851.4M
Not applicable
Not applicable
Not applicable
*Steadfast Income REIT, Inc. ("SIR") merged with Steadfast Apartment REIT, Inc. ("STAR") and Steadfast Apartment REIT III, Inc. ("STAR III") on March 6, 2020, with Steadfast Apartment REIT, Inc. being the surviving entity. SIR did not file a 10-k for 2019. This is not considered a full-cycle event as shareholders have not received full liquidity. When STAR has a full-cycle event, SIR will also be classified as full-cycle.
Nontraded Closed-End Funds
Stira Alcentra Global Credit Fund
5/8/17
9/17/18*
Diversified Credit
$38.4M
$34.8M
12/31/18
SRP/Tender
* Offering suspended as of September 17, 2018
