Item 1.01 Entry into a Material Definitive Agreement. Amendment to Property Management Agreement On April 23, 2021, Steadfast Apartment REIT, Inc. (the "Company"), through STAR REIT Services, LLC, a subsidiary of the Company ("SRS"), entered into amendments (collectively, the "Amendments") to the property management agreements (collectively the "PMAs") with affiliates of Steadfast REIT Investments, LLC, the Company's former sponsor (the "Property Owners"), to, among other things, (1) provide that SRS is responsible for providing accounting services for the properties owned by the Property Owners and (2) increase the property management fee from 2.0% of Gross Collections (as defined in the PMAs) to 3.0% of Gross Collections. Except as modified by the Amendments, the material terms of the PMAs, as summarized in the Company's Current Report on Form 8-K filed on September 3, 2020, remain in full force and effect. The foregoing summary of the material terms of the Amendments is qualified in its entirety by reference to the Form of Amendment No. 1 to Property Management Agreement, which is attached hereto as Exhibit 10.1 and incorporated by reference herein.


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Item 8.01  Other Events.
Distribution Declaration
On April 22, 2021, the Board of Directors of the Company approved and authorized
a daily distribution to stockholders of record as of the close of business on
each day for the period commencing on May 1, 2021 and ending on May 31, 2021.
The distributions will be equal to $0.001438 per share of the Company's common
stock per day. The distributions for each record date in May 2021 will be paid
in June 2021. The distributions will be payable to stockholders from legally
available funds therefor.

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Item 9.01  Financial Statements and Exhibits.
(d) Exhibits.
Exhibits    Description

10.1          Form of Amendment No. 1 to Property Management Agreement.

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