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EX-99.1 - EXHIBIT 99.1 - Steadfast Apartment REIT III, Inc.ex991q3pressreleasestariii.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):
November 9, 2016

Steadfast Apartment REIT III, Inc.
(Exact Name of Registrant as Specified in Its Charter)
 
 
 
 
 
 
 
 
 
 
Maryland
 
333-207952
 
47-4871012
(State or other jurisdiction of incorporation or organization)
 
(Commission File Number)

 
(I.R.S. Employer
Identification No.)
 
 
 
 
 
18100 Von Karman Avenue, Suite 500
Irvine, California 92612
  (Address of principal executive offices)
 
(949) 852-0700
(Registrant’s telephone number, including area code)
 
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:
 
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 2.02
Results of Operations and Financial Condition.
On November 10, 2016, Steadfast Apartment REIT III, Inc. (the “Company”) issued an earnings release announcing its financial results for the three and nine months ended September 30, 2016. A copy of the earnings release is being furnished as Exhibit 99.1 to this Form 8-K.
The information contained in this Item 2.02, including the related information set forth in the earnings release attached hereto as Exhibit 99.1 and incorporated by reference herein, is being “furnished” and shall not be deemed “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, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by the specific reference in such filing.






Item 8.01
    Other Events.
Declaration of Cash Distribution
On November 9, 2016, the Company’s board of directors approved and authorized a daily distribution to stockholders of record as of the close of business on each day for the period commencing on January 1, 2017 and ending on March 31, 2017. The distributions will be equal to $0.004110 per share of the Company’s Class A common stock, $0.003376 per share of the Company’s Class T common stock, $0.00369863 per share of the Company’s Class R common stock if subject to an annual distribution and shareholder servicing fee of 0.67% and $0.00394521 per share of the Company’s Class R common stock if subject to an annual distribution and shareholder servicing fee of 0.27%. The distributions for each record date in January 2017, February 2017 and March 2017 will be paid in February 2017, March 2017 and April 2017, respectively. The distributions will be payable to stockholders from legally available funds therefor.






Item 9.01     Financial Statements and Exhibits.
(d) Exhibits.

Exhibit
Description
 
 
 
99.1
Earnings Release, dated November 10, 2016




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 APARTMENT REIT III, INC.
 
 
 
 
 
 
 
 
Date:
November 10, 2016
By:
/s/ Kevin J. Keating
 
 
 
Kevin J. Keating
 
 
 
Treasurer