Steadfast Apartment REIT, Inc. is a real estate investment trust (REIT). The Company 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 Company 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.
