- Formerly a non-traded REIT known as Behringer Harvard Multifamily REIT I, Monogram Residential Trust (MORE) commenced trading today at $9 per share. It's currently up 2.8% to $9.25.
- In connection with the public listing, Monogram commences a Dutch Auction for up to $100M worth of company stock. Monogram will select the lowest price not greater than $9.25 nor less than $8.50. The tender offer expires on December 19.
- Source: Press Release