Behringer Harvard Opportunity REIT I, Inc.
Behringer Harvard Opportunity REIT I, Inc. is an opportunity-style public, non-listed REIT with a portfolio of commercial properties identified as having a significant potential for value creation. The REIT is short-term with an intended life of three to six years from offering termination.
REIT Characteristics
- Publicly Registered Offering of Non-Listed REIT Common Stock
- Share Redemption Plan
- Tax reporting – 1099
- Closed to New Investment
Portfolio Characteristics
- Strategy—acquire properties that can be enhanced, repositioned, developed, or redeveloped, and that are believed to be highly likely have significant possibilities for short-term capital appreciation
- Targeted Assets—opportunistic commercial properties such as, but not limited to, office, industrial, retail, multifamiliy, hospitality and other real properties, including existing or newly constructed or properties under development or construction, and real estate-related securities and mortgage, bridge
- Targeted Markets—generally markets and submarkets with higher volatility, lower barriers to entry, and high growth potential
- Holding Period—three to six years from the end of the REIT's initial public offering, primarily to capitalize on the investment program's asset characteristics for potential capital appreciation
- Use of Leverage—target leverage of up to 75 percent of asset value
- Defined Exit Strategy—timely disposition of assets consistent with the defined holding period or exchange listing
REIT Portfolio
To view the properties in this REIT, please click here.
Governance Documents
Behringer Harvard Opportunity REIT I has adopted a Code of Business Conduct. To view the Code of Business Conduct, see our Governance Documents.
Risk Factors
Investment in securities of Behringer Harvard real estate programs is subject to substantial risks. These risks include the following:
- absence of a public market for these securities
- limited operating history
- limited transferability and lack of liquidity
- reliance on the program’s advisor
- payment of significant fees to the advisor and its affiliates
- potential conflicts of interest
- risks associated with lending activities
- potential development risks and construction delays
These risks may impact the return on investments in the REIT's securities as described in the risk factors sections of the REIT's filings with the Securities and Exchange Commission. Real estate investment programs are not suitable for all investors.

Investing in America's Commercial Real Estate