Behringer MF REIT Announces IPO

Behringer Harvard Multifamily REIT I Inc., a Dallas-based company that intends to qualify as a real estate investment trust, has announced a $2 billion initial public offering. The offering will include the sale of up to 200 million shares of common stock at $10 per share, Behringer Harvard said. The company said it is offering all the shares in a "best efforts" offering through a network of independent financial advisers, and up to 50 million shares through a distribution reinvestment plan at $9.50 per share. The company can be found on the Web at http://www.bhfunds.com.

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