August 20, 2014 6:25 PM ET

Real Estate Investment Trusts (REITs)

Company Overview of Monogram Residential Trust, Inc.

Company Overview

Monogram Residential Trust, Inc. operates as a self managed real estate investment trust. It invests in and operates multifamily communities in Texas. These multifamily communities include conventional multifamily assets, such as mid-rise, high-rise, and garden style properties; and student housing and age-restricted properties requiring residents to be age 55 or older. As of December 31, 2008, the company had investments in 10 multifamily communities of which 9 in various stages of development and 1 operating property. It has elected to be taxed as a real estate investment trust. As a result, the company would not be subject to corporate income tax on that portion of its net income that is ...

15601 Dallas Parkway

Suite 600

Addison, TX 75001

United States

Founded in 2006

7 Employees

Key Executives for Monogram Residential Trust, Inc.

Chief Executive Officer
Executive Vice President
Age: 56
Senior Vice President
Senior Vice President of Portfolio Management
Senior Vice President of Property Management
Compensation as of Fiscal Year 2014.

Monogram Residential Trust, Inc. Key Developments

Monogram Residential Trust, Inc. Amends Charter by Filing Articles of Amendment

Effective June 30, 2014, Monogram Residential Trust, Inc. amended its charter by filing Articles of Amendment with the Maryland State Department of Assessments and Taxation (the SDAT) to change its name from Behringer Harvard Multifamily REIT I, Inc. to Monogram Residential Trust, Inc. In addition, the company amended its charter by filing Articles of Amendment with the SDAT to reduce the number of authorized shares of convertible stock, $0.0001 par value per share (none of which were issued or outstanding) from 1,000 to 0 and to increase the number of authorized shares of preferred stock, $0.0001 par value per share, from 124,999,000 to 125,000,000. The company also filed Articles of Correction with the SDAT to clarify typographical errors in the Articles Supplementary with respect to Series A non-participating, voting, cumulative, convertible 7.0% preferred stock. Finally, on June 30, 2014, the company filed the Second Articles of Restatement with the SDAT to restate the charter in a single document.

Monogram Residential Trust, Inc. Appoints Mark Alfieri as Chief Executive Officer

Monogram Residential Trust, Inc. announced Mark Alfieri, a 25-year veteran of the multifamily industry, was appointed as Chief Executive Officer. In addition to Mr. Alfieri, the senior leadership team has transitioned to the REIT, and has expanded to include several new executives with industry expertise to help lead the REIT.

Behringer Harvard Multifamily REIT I, Inc. Announces Board Changes

On May 5, 2014, the board of directors of Behringer Harvard Multifamily REIT I, Inc. met and appointed Murray J. McCabe to fill a vacancy on the Board based on the recommendation of the nominating committee of the Board. In addition, the Board, based on the recommendation of the Nominating Committee, voted to increase the size of the Board from six to eight members and appointed David D. Fitch and Mark T. Alfieri to fill the two vacancies created thereby. Behringer Harvard Multifamily REIT I Inc. increased the size of its board of directors to eight members from six and appointed Murray McCabe; David Fitch; and its president and COO, Mark Alfieri, to the board.

Similar Private Companies By Industry

Company Name Region
Foundation Capital Resources Inc. United States
NY Credit Corp United States
DSBW Preferred Funding Corporation United States
Provident Preferred Capital Corp United States
Mellon Preferred Capital Corp United States

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
August 12, 2014
Land For A Development Site In Huntington Beach
Merger/Acquisition
July 10, 2014
--
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
NYC2012, Inc. United States
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Rush University United States
Greater Houston Partnership United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Monogram Residential Trust, Inc., please visit www.behringerharvard.com/investment-programs/family-real-estate-programs/multifamily1.aspx. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.