"review the assumptions and methodologies applied by the Advisor in accordance with a set of limited procedures."I will have more on this after I review the filing.
Friday, July 13, 2012
The Valuation Charade Continues
Steadfast Income REIT just filed an 8-K that states the REIT is raising its share price from $10.00 to $10.24 on September 10, 2012. The increase is based on the REIT's advisor's valuation of the REIT's assets. The REIT engaged Duff & Phelps to: