Latest News

The latest news and press releases directly from Steadfast Companies.




Steadfast Income Reit Acquires First Property And Declares Initial Distribution
Thursday, 12 August 2010 17:37

IRVINE, Calif., Aug. 12, 2010– Steadfast Income REIT, Inc. announced today the acquisition of its first multifamily property, Lincoln Tower, a 190-unit apartment complex located in downtown Springfield, Ill. In connection with the property acquisition, the board of directors has authorized an initial distribution equal to an annualized distribution rate of 7.0 percent on the public offering price of $10.00 per share.

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Steadfast Starts
Sunday, 01 August 2010 00:00

STEADFAST STARTS

Sunday, August 1st, 2010
Mark Mueller, Orange County Business Journal

Irvine, CA: - Irvine-based Steadfast Cos. has kicked off an initial public offering for a real estate investment trust that’s looking to buy apartments and other commercial properties.

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Real Estate Investment Firm Hiring Up to 50
Thursday, 25 June 2009 00:00

FOR IMMEDIATE RELEASE

Thursday, June 25, 2009
Mary Ann Milbourn

Newport Beach, CA: - Steadfast Companies, in Newport Beach, which acquires, develops and manages real estate properties, just launched a new securities and financial services division and plans to hire up to 50 people to staff it, says the division’s new president.

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Steadfast Commercial Acquires Sunrise Mall
Monday, 04 February 2008 00:00

FOR IMMEDIATE RELEASE

Monday, February 4, 2008
Kristi Keene, Director of Corporate Retail Marketing
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
(425) 322-7177

Citrus Heights, CA: – Steadfast Commercial Properties Retail Division, based in Newport Beach, California has acquired Sunrise Mall, a 1.2 million square foot super-regional shopping center in Citrus Heights, California. Located 15 miles north-east of Sacramento, Sunrise Mall is a super-regional property featuring Macy’s, Macy’s Men & Home, JCPenney, Sears, United Artist Theaters and 115 shops, services and specialty retailers. The center was originally constructed in 1971 and received a $13 million dollar renovation in 1999. Most recently in 2007, a new 400 seat food court was added to the center which features an indoor fireplace and comfortable seating areas.

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More Reason to Shop Everett Mall
Saturday, 12 May 2007 00:00

By Mike Benhow
Herald Writer
Last updated: May 12, 2007
www.HeraldNet.com

EVERETT - Everett Mall has some new or newly remodeled stores open for business with several more on the way.

"We are having a hard time keeping up with the grand opening dates for all the new stores here at Everett Mall," said store manager Linda Johannes. "This is the most new store openings that we have had in such a short period of time that I can remember."

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Pair Team up to Take Over Troubled Housing Complex
Monday, 29 January 2007 00:00

By Janine Zúñiga
Union-Tribune Staff Writer
Last updated: January 29th, 2007
www.SignonSanDiego.com

SAN YSIDRO – Social services agency Casa Familiar is working with an Orange County developer to purchase Villa Nueva Apartments, a large complex for low-income residents with a history of poor tenant-management relations. .

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TJ Maxx Coming to mall
Thursday, 04 January 2007 00:00

By Eric Fetters
Herald Writer
Last updated: January 4th, 2007
www.heraldnet.com

EVERETT - TJ Maxx plans to open a store in Everett Mall Village later this year, filling the final space in the new shopping center just west of the main mall.

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Office Backer Betting on Platinum Triangle
Monday, 04 December 2006 00:00

By Mark Mueller
Orange County Business Journal Staff
Last updated: December 4th, 2006
www.ocbj.com

REAL ESTATE: Tower stands to bring airport-area rents to Anaheim

The Anaheim office market is one of the tightest in the county. It hasn’t seen a sizable office tower built in nearly 20 years.

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