Real estate investment trust
Behringer Harvard Multifamily REIT Inc.
announced Thursday it’s trying to raise $2 billion in equity through
the sale of more than 200 million shares of common stock at $10 per
share.Behringer
Harvard Multifamily REIT is a public nonlisted REIT.
In addition to offering the shares
through independent financial advisers, Behringer Harvard Multifamily
REIT says through its distribution reinvestment plan it’s offering
upward of 50 million shares of common stock, priced at $9.50 per share.