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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.

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.

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.

FOR IMMEDIATE RELEASE

Monday, February 4, 2008
Kristi Keene, Director of Corporate Retail Marketing
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(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.