UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K/A
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
ACT OF 1934
Date of Report (Date of earliest event reported): December 28, 2006 (December 19, 2006)
Behringer Harvard Opportunity REIT I, Inc.
(Exact Name of Registrant as Specified in Its Charter)
Maryland | | 000-51961 | | 20-1862323 |
(State or other jurisdiction of
incorporation or organization) | | (Commission File Number) | | (I.R.S. Employer
Identification No.) |
15601 Dallas Parkway, Suite 600, Addison, Texas
75001
(Address of principal executive offices)
(Zip Code)
(866) 655-1620
(Registrant’s telephone number, including area code)
None
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
This Amendment No. 1 on Form 8-K/A amends and restates in its entirety the Item 7.01 disclosure contained in the Current Report on Form 8-K previously filed by Behringer Harvard Opportunity REIT I, Inc. (the “Company”) with the Securities and Exchange Commission on December 26, 2006 (the “Form 8-K”). Except for the amendment and restatement of the Item 7.01 disclosure, this Form 8-K/A does not update, modify or amend any other disclosure set forth in the Form 8-K.
Item 7.01 Regulation FD Disclosure
On December 19, 2006, the Company’s Board of Directors declared a distribution to all stockholders of record as of December 31, 2006 to be paid on or before January 31, 2007. The declared distribution is in the aggregate amount of $1.4 million, which will be paid pro rata over all shares of common stock outstanding on the record date.
In addition, on December 19, 2006, the Company’s Board of Directors declared distributions payable to the common stockholders of record each day of the period commencing January 1, 2007 and ending March 31, 2007. The declared distributions will equal a daily amount of $0.0006849 per share of common stock, which is equivalent to an annual distribution rate of two and one-half percent (2.5%) assuming the share was purchased for $10.00. A portion of each distribution is expected to constitute return of capital for tax purposes. Distributions payable to each stockholder of record during a month will be paid in cash on or before the 16th day of the following month.
Both of the distributions described above will be reinvested in additional shares of common stock of the Company under its Distribution Reinvestment Plan to the extent of stockholder participation in such plan.
The Company also intends to distribute to its investors a letter regarding the distributions declared by the Board of Directors. A copy of the letter has been filed as Exhibit 99.1 to this Form 8-K and is incorporated by reference.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| BEHRINGER HARVARD OPPORTUNITY |
| REIT I, INC. |
| |
| |
Dated: December 28, 2006 | By: | /s/ Gerald J. Reihsen, III | |
| | Gerald J. Reihsen, III |
| | Executive Vice President – Corporate |
| | Development and Legal and Secretary |
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