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EX-99.1 - EXHIBIT - Steadfast Income REIT, Inc.ex991libraryloftspr.htm

 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report (Date of earliest event reported):
February 27, 2013
Steadfast Income REIT, Inc.
(Exact Name of Registrant as Specified in Charter)
 
 
 
 
 
Maryland
 
000-54674
 
27-0351641
(State or Other Jurisdiction
 
(Commission File Number)
 
(IRS Employer
of Incorporation)
 
 
 
Identification No.)
18100 Von Karman Avenue, Suite 500
Irvine, California 92612
(Address of Principal Executive Offices, including Zip Code)
Registrant's telephone number, including area code: (949) 852-0700
Not applicable
(Former Name or Former Address, if Changed Since Last Report)
     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions ( see General Instruction A.2.):
 
o
 
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
 
 
 
 
o
 
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
 
 
 
 
o
 
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
 
 
 
 
o
 
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 
 




Item 7.01
Regulation FD Disclosure.
On February 28, 2013 (the “Closing Date”), Steadfast Income REIT, Inc. (the “Company”), through SIR Library Lofts, LLC (“SIR Library Lofts”), a wholly-owned subsidiary of Steadfast Income REIT Operating Partnership, L.P., the Company’s operating partnership, acquired from a third party seller a fee simple interest in a 118-unit residential and 17,000 square foot commercial property located in Kansas City, Missouri, commonly known as Library Lofts East (the “Library Lofts Property”). SIR Library Lofts acquired the Library Lofts Property for an aggregate purchase price of $12,750,000, excluding closing costs. SIR Library Lofts funded the payment of the purchase price for the Library Lofts Property with proceeds from the Company’s public offering. The Company intends to obtain mortgage financing on the Library Lofts Property under normal and customary terms and conditions in the future.
On March 4, 2013, the Company distributed a press release announcing the completion of the acquisition of the Library Lofts Property. The full text of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference into this Item 7.01.
The information furnished under Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section.







Item 9.01    Financial Statements and Exhibits.
(d) Exhibits.
Exhibit    Description
99.1
Press release, dated March 4, 2013




SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
STEADFAST INCOME REIT, INC.
 
 
 
 
 
 
 
 
Date:
March 4, 2013
By:
/s/ Ella Shaw Neyland
 
 
 
Ella Shaw Neyland
 
 
 
President





EXHIBIT INDEX

Exhibits    Description
99.1
Press release, dated March 4, 2013