Steadfast Apartment REIT, Inc. acquired Fielder's Creek Apartments from Aukum Management LLC for $32.4 million in cash on March 23, 2016. The transaction has been funded with proceeds from the Company's public offering. Terrance Hunt from ARA, A Newmark Company acted as broker for Aukum Management LLC.

Steadfast Apartment REIT, Inc. completed the acquisition of Fielder's Creek Apartments from Aukum Management LLC on March 23, 2016.