Steadfast Reit Investments, Llc Launches Steadfast Apartment Reit

InnVest Real Estate Investment Trust Announces Monthly Dividend of C$0.03 (INN.UN)

The registration statement relating to the offering of common stock was declared effective by the Securities and Exchange Commission on December 30, 2013. Steadfast Apartment REIT intends to elect to qualify as a real estate investment trust (REIT) for federal income tax purposes, and is offering up to $1 billion in shares of its common stock for sale at $15.00 per share and up to an additional $100 million in shares of its common stock under its distribution reinvestment plan at $14.25 per share. About Steadfast Apartment REIT Steadfast Apartment REIT 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 high occupancy and income levels across market cycles. The companys 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 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.

The ex-dividend date is Friday, December 27th. A number of analysts have recently weighed in on INN.UN shares. Analysts at BMO Capital Markets initiated coverage on shares of InnVest Real Estate Investment Trust in a research note to investors on Tuesday, December 17th. They set a market perform rating on the stock. On a related note, analysts at Canaccord Genuity raised their price target on shares of InnVest Real Estate Investment Trust from C$4.00 to C$4.20 in a research note to investors on Friday, November 15th.

How to Invest in Real Estate at a Young Age

But I bought the place for not much more than a song and a dance. During the first two years that I owned that house, I bought tools, materials, and read a bunch of do it yourself books. I taught myself how to do home repairs. I tiled the bathroom and the kitchen. I installed a dishwasher and replaced the wood burning fireplace.