Steadfast Apartment REIT IncOOTC STFR Stock Report

Steadfast Apartment REIT, Inc. engages in the acquisition and operation of diverse portfolio of established and stable apartment communities. The company is headquartered in Irvine, California and currently employs 639 full-time employees. The company went IPO on 2020-10-09. The firm owns and operates a portfolio of multifamily properties located in targeted markets throughout the United States. The Company’s investment objectives are to realize capital appreciation in the value of its investments over the long term, and pay stable cash distributions to stockholders. In addition to its focus on multifamily properties, it also makes selective strategic acquisitions of other types of commercial properties and real estate related assets. The firm owns and manages a diverse portfolio of approximately 70 multifamily properties comprising a total of over 21,936 apartment homes and three parcels of land held for the development of apartment homes.