Steadfast Apartment REIT completed the acquisition of all assets of Steadfast REIT Investments for $31m.

Steadfast Apartment REIT, a real estate investment trust, completed the acquisition of all assets of Steadfast REIT Investments, an investment advisory firm, for $31m. "The decision to internalize management is both a testament to our progress and an important step in our future growth. We believe that the opportunity to reduce expenses going forward and secure a management team aligned with stockholder interests directly provides for greater control and execution," Ella Neyland, Steadfast Apartment REIT President.