Behringer Harvard Strategic Opportunity Fund I LP
Behringer Harvard Strategic Opportunity Fund I LP was designed to address the sophisticated investor's demands for building wealth today and for future generations. Offering proceeds have been invested in six properties with potential for value creation within the Fund's targeted life of three to five years from offering termination.
Fund Characteristics
- Tax reporting—K-1
- Closed to New Investments
Portfolio Characteristics
- Investment Strategy – Behringer Harvard Strategic Opportunity Fund I LP was created to acquire, enhance, reposition and improve operations at properties having significant probability to increase in value over the Fund's holding period.
- Assets – The Fund's portfolio consists of six properties that include a resort property, an urban hotel, two up-scale multifamily housing developments, land for condominium development, and a single-tenant office building.
- Targeted Markets – Assets were sought in markets with lower barriers to entry that allow opportunistic purchases in areas with higher volatility in lease rates and sale prices and higher potential for growth.
- Holding Period – The Fund plans to hold its assets for three to five years from the end of the Fund's offering period in order to capitalize on Fund asset characteristics for potential capital appreciation.
- Acquisition Leverage – Leverage will be no more than the asset value, but is anticipated to be between 50% and 75% of the portfolio's value.
- Defined Exit Strategy – The Fund plans to complete an orderly sale of its assets within three to five years from termination of the offering.
Fund Portfolio
To view the properties in this fund, please click here.
Governance Documents
Behringer Harvard Strategic Opportunity Fund I LP 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
- lack of an operating history
- absence of properties identified for acquisition
- limited transferability and lack of liquidity
- possibility of substantial delay before distributions are made
- reliance on the program’s advisor or general partner
- payment of significant fees to the advisor or general partner and its affiliates
- potential conflicts of interest
- lack of diversification in property holdings until significant funds have been raised
- potential development risks and construction delays
- risk that the program will not achieve all of its objectives if it does not fully complete its securities offerings
These risks may impact a real estate program’s ability to make distributions as stated in the latest Annual Report and Form 10-K filed with the Securities and Exchange Commission. Real estate investment programs are not suitable for all investors. Refer to the prospectus for a more detailed discussion of risks and suitability standards in your state.
Investing in America's Commercial Real Estate