Steadfast Income REIT

Steadfast Income REIT


Rodney F. Emery

Chief Executive Officer

As founder of Steadfast Companies Rodney F. Emery is responsible for the corporate vision, strategy and overall operational guidance of Steadfast Companies. He serves as the Chairman of the Board and Chief Executive Officer of Steadfast Apartment REIT. He also serves as Chairman of the Board and Chief Executive Officer of Steadfast Income REIT, positions he has held since the company's inception in May 2009. Mr. Emery chairs the Steadfast Executive Committee, which establishes policy and strategy and acts as the general oversight committee of Steadfast Companies. Mr. Emery also serves on the Steadfast Companies Investment Committee and is a member of the Board of Managers of Stira Capital Markets Group. Prior to founding Steadfast Companies in 1994, Mr. Emery served for 17 years as the President of Cove Properties, a diversified commercial real estate firm specializing in property management, construction and development. Mr. Emery received a Bachelor of Science in Accounting from the University of Southern California and serves on the board of directors of several non-profit organizations.

Ella Shaw Neyland


Ella Shaw Neyland serves as the president and an affiliated director of Steadfast Apartment REIT. She also serves as president and an affiliated director of Steadfast Income REIT, positions she has held since October 2012. From October 2011 to September 2012, Ms. Neyland served as an independent director and Audit Committee Chair of Steadfast Income REIT. Ms. Neyland has considerable experience in real estate investment, development and finance. From 2001 to 2004, Ms. Neyland served as Executive VP, Treasurer and Investor Relations Officer of United Dominion Realty Trust (UDR), where she was responsible for capital market transactions, banking relationships and presentations to investors and Wall Street analysts. Ms. Neyland also was a voting member of UDR’s Investment Committee, which oversaw the repositioning of more than $3 billion of investments. Prior to 2001, Ms. Neyland served as the CFO at Sunrise Housing, a privately owned apartment development company, and as the Senior VP of Finance and the VP of Troubled Debt Restructures/Finance for the Lincoln Property Company, a commercial real estate development and management firm. In addition to her extensive real estate background, Ms. Neyland has held executive positions in the banking industry, including CIBC, BancOne and Frost Bank. Ms. Neyland received a Bachelor of Science in Finance from Trinity University in San Antonio, Texas.

Kevin J. Keating


Mr. Keating serves as Treasurer and the Chief Accounting Officer of our advisor, where he focuses on the accounting function and compliance responsibilities for us and our advisor. Mr. Keating also serves as Treasurer of Steadfast Income REIT, a position he has held since April 2011. Mr. Keating brings over 25 years of experience, including 13 years in public accounting. Mr. Keating has extensive experience working with public companies, including serving as the Audit Manager for one of the largest, public multifamily REITs while he was part of the Real Estate Group at Ernst & Young, LLP. He worked for Ernst & Young from 1988-1999. Prior to joining our advisor, Mr. Keating served as Senior Audit Manager with BDO, USA, LLP (formerly BDO Seidman, LLP), an audit and accounting firm, from 2006 to 2011. For two years, Mr. Keating served as Vice President and Corporate Controller of Endocare, Inc., a medical device manufacturer. Mr. Keating holds a Bachelor of Science in Accounting from St. John’s University and is a certified public accountant.

Ana Marie del Rio


Ana Marie del Rio serves as Secretary for Steadfast Apartment REIT. Ms. del Rio also serves as Secretary and Compliance Officer of Steadfast Income REIT, positions she has held since its inception in May 2009. She also serves as the Chief Operating Officer for Steadfast Companies. Ms. del Rio manages the Human Resources, Information Technology and Legal Services Departments for Steadfast Companies and is responsible for risk management and company-wide communications. She also works closely with Steadfast Management Company, Inc. and handles risk management in the management and operation of Steadfast Companies’ residential apartment homes, especially in the area of compliance. Prior to joining Steadfast Companies, Ms. del Rio was a partner in the public finance group at Orrick, Herrington & Sutcliffe, LLP, from September 1993 to April 2003, representing both issuers and underwriters in financing single-family and multifamily housing, transportation projects and other types of public-private and redevelopment projects. From 1979 to 1993, Ms. del Rio co-owned and operated a campaign consulting and research company specializing in local campaigns and ballot measures. Ms. del Rio received a juris doctor from the University of the Pacific, McGeorge School of Law in 1993, She earned a Master's of Public Administration in 1978 and a Bachelor of Arts in 1976 from the University of Southern California.


Ned Brines

Independent Director

Ned Brines currently serves as Chief Investment Officer for the CitizenTrust Wealth Management and Trust division of Citizens Business Bank, a position he has held since July 2012. At Citizen Trust, Mr. Brines is responsible for the investment management discipline, process, products and related sources. In addition, in September 2008 Mr. Brines founded Montelena Asset Management, a California-based registered investment advisor firm, and currently serves as its Chief Investment Officer. From June 2010 to July 2012, Mr. Brines served as a portfolio manager for Andell Holdings, a private family office with significant and diversified holdings. Mr. Brines has also held positions as a Senior Vice President and senior portfolio manager with Provident Investment Counsel in Pasadena managing its Small Cap Growth Fund (with $1.6 billion in assets under management) was with Roger Engemann & Associate in Pasadena from September 1994 to March 2001 in which he served as both an analyst and portfolio manager for its mid cap mutual fund and large cap Private Client business as the firm grew from $3 billion to over $19 billion in AUM. Mr. Brines earned an masters of business administration from the University of Southern California and an undergraduate degree from San Diego State University. Mr. Brines also holds the Chartered Financial Analyst (CFA) designation and is involved in various community activities including serving on the City of Hope investment committee.

Scot B. Barker

Independent Director

Scot B. Barker serves as one of our independent directors. From December 2002 to his retirement in December 2005, Mr. Barker served as President and Chief Operating Officer of GMAC Commercial Holding Corp., or GMACCH, one of the nation’s largest financiers of commercial real estate, and President of GMACCH Capital Markets Corp.

During his tenure at GMACCH, Mr. Barker oversaw the firm’s real estate lending and investing activities in North America, Latin America, Asia and Europe. In 1978, Mr. Barker and several associates formed Newman and Associates, Inc., an investment banking firm specializing in financing affordable multifamily housing with tax-exempt municipal securities. Mr. Barker served as Vice President of Newman and Associates from 1978 to 1984 and as President from 1984 to 1998, when Newman and Associates was acquired by GMACCH. Prior to founding Newman and Associates, Mr. Barker served as Vice President with Gerwin & Co. from 1973 to 1978. Mr. Barker has been involved in a variety of professional and not-for-profit groups primarily focused on housing-related business. Mr. Barker currently serves on the board of directors of the Rocky Mountain Mutual Housing Association and the Colorado Housing Assistance Corp., where he is a past chairman. Mr. Barker is a past president of the National Housing and Rehabilitation Association and a past member of the Federal National Mortgage Association (Fannie Mae) Housing Impact Advisory Council. Mr. Barker received a Bachelor of Arts from Colorado College and a Master of Business Administration from the University of Denver.

Don B. Saulic

Independent Director

Don B. Saulic serves as one of our independent directors. Don has been actively involved in real estate and financial services for over twenty years. Mr. Saulic currently serves as as Partner for the Bahnsen Group, LLC. Mr. Saulic is responsible for financial, investment and estate planning advisory services to affluent individuals and businesses. From April 2014 to July 2015, Mr. Saulic served as Wealth Management Advisor at Capstone Partners Financial and Insurance Services, LLC. Mr. Saulic was responsible for financial, investment and estate planning advisory services to affluent individuals and businesses. From June 2006 to March 2014, Mr. Saulic served as President and Chief Operating Officer for Cornerstone Ventures, Inc., a real estate management company. In his role, Mr. Saulic was responsible for operations, private client services, compliance, investor relations, human resources, and information technology. From September 1991 to May 2006, Mr. Saulic served as Chief Information Officer for Corinthian Colleges, Inc., North American Van Lines, Inc., BAX Global, and Budget Rent a Car Corporation. Prior to September 1991, Mr. Saulic held management positions with Ernst and Young, GATX Corporation and Kemper Financial Services. Mr. Saulic earned a Masters of Business Administration from DePaul University, a Bachelor of Science in Accounting with a minor in Economics from Illinois State University, and is a Certified Financial Planner®, Certified Public Accountant (inactive) and member of the American Institute of CPAs. Mr. Saulic is involved in various community activities and serves on the Vanguard University Foundation Board, YMCA of Orange County Board, and the Forum of Christian Business Leaders Board.

Audit Committee

All members of the audit committee are “independent” as defined by our charter and the New York Stock Exchange and have significant financial and/or accounting experience. The audit committee assists our board of directors in overseeing and monitoring (1) the systems of our internal accounting and financial controls; (2) our financial reporting processes; (3) the independence, objectivity and qualification of our independent auditors; (4) the annual audit of our financial statements; and (5) our accounting policies and disclosures.

Investment Committee

Our board of directors has delegated to the investment committee certain responsibilities with respect to investment in specific investments proposed by our advisor, and the authority to review our investment policies and procedures on an ongoing basis. The investment committee must at all times comprise of at least three members, a majority of whom must be independent directors.