Steadfast Apartment REIT III, Inc. | REIT Profile

CIK: 1651286
CIK: 1651286
Exchange: N/A
Founded: 2015 (9 years)
HQ: Irvine, CA, United States
Type of REIT: Equity REIT
Listing Status: Public, Non-Listed
REIT Sector: Residential

See 1651286 on SEC.gov

Steadfast Apartment REIT III intends to use the proceeds from its continuous offering to acquire and operate a diverse portfolio of well-positioned, institutional-quality apartment communities in targeted markets throughout the United States that have demonstrated higher occupancy and income levels across market cycles. The company's objectives are to realize capital appreciation in the value of investments over the long term and pay an attractive and stable cash distribution to shareholders. Steadfast Apartment REIT III is sponsored by Steadfast REIT Investments LLC, an affiliate of Steadfast Companies, an Orange County, Calif.-based group of affiliated real estate investment and operating companies that acquire, develop and manage real estate in the U.S. and Mexico. Stira Capital Markets Group, the securities and financial services division of Steadfast Companies, is the dealer manager and will distribute the product through retail broker-dealers and investment advisors.