Behringer Harvard Welcomes Former Head of Mortgage Bankers Association and National...

Behringer Harvard Welcomes Former Head of Mortgage Bankers Association and
National Multi Housing Council to its Multifamily REIT Board

DALLAS, Jan. 12 /PRNewswire/ -- After 21 years at the helm of two prestigious
industry leaders - including a seven-year tenure (2001-2008) as president and
CEO of the Mortgage Bankers Association (MBA) and 14 years (1987-2001) as
president of the National Multi Housing Council (NMHC) - Jonathan L. Kempner
has accepted a position as an independent director on the board of directors
of Behringer Harvard Multifamily REIT I, Inc.

(Logo: http://www.newscom.com/cgi-bin/prnh/20050907/DABEHHARLOGO)

The Mortgage Banking Association is the national association representing the
real estate finance industry, with over 2,400 member companies including
mortgage companies, mortgage brokers, commercial banks, thrifts, life
insurance companies and others in the mortgage lending field. The National
Multi Housing Council is a leading trade association representing the
interests of the larger and most prominent apartment firms in the United
States. NMHC's members are the principal officers of firms engaged in all
aspects of the apartment industry including ownership, development, management
and financing.

"Jonathan's impressive and wide-ranging experience makes him uniquely
qualified for service on our Multifamily REIT board," said Robert S. Aisner,
CEO of Behringer Harvard Multifamily REIT I, Inc. "He brings to this role more
than two decades of experience encompassing all facets of the commercial real
estate industry. He's developed extensive expertise in both the multifamily
property sector and commercial lending, as well as deep relationships with
leaders in both industries. We believe his mortgage banking experience will be
especially valuable during this challenging time in the capital markets."

Kempner served as president and CEO of the Mortgage Bankers Association from
April 2001 to December 2008. In addition, Kempner served on MBA's board of
directors (ex officio) and on the board of its business development affiliate,
Lender Technologies Corp. Kempner also served on the board of MERS Inc., the
industry-owned registry for the transfer of mortgage rights.

Before his role with the MBA, for 14 years Kempner was president of the
National Multi Housing Council. From 1983 to 1987, Kempner was vice president
and general counsel of Oxford Development Corp., a privately owned real estate
services firm in Maryland with a focus on commercial real estate development,
asset and property management, brokerage, and investment advisory services.
From 1982 to 1983, Kempner served as assistant director and general counsel of
the Pennsylvania Avenue Development Corp., a federally owned real estate firm.
From 1981 to 1982, he also served as assistant general counsel to the Charles
E. Smith Companies, a significant owner and developer of apartment complexes.

Kempner practiced law with Fried, Frank, Harris, Shriver and Kampelman, a
leading international commercial law firm, from 1977 to 1980, immediately
after a clerkship for U.S. District Judge David W. Williams of the Central
District of California. Kempner also served as a special consultant to the
U.S. Department of the Treasury Office of Capital Markets and as a staff
assistant to the Subcommittee on Representation of Citizen Interests of the
U.S. Senate Committee on the Judiciary and in the office of Sen. Abraham
Ribicoff.

Mr. Kempner holds a bachelor's degree from the University of Michigan (high
honors and high distinction, Phi Beta Kappa) and a law degree from Stanford
University Law School, where he served on the Stanford Law Review. Kempner
serves on the editorial boards of numerous real estate publications and is on
the board of directors of three nonprofit organizations: Greater DC Cares,
Yachad and the Ciesla Foundation.

About Behringer Harvard
Behringer Harvard is a commercial real estate company investing in assets
domestically and internationally. The company creates and manages strategic
real estate fund opportunities across a wide spectrum of investment styles for
retail investors, as well as domestic and international institutions, through
its real estate investment trusts, partnerships, joint ventures and
proprietary program structures. For more information, call toll-free
866.655.3600 or visit behringerharvard.com.

This release contains forward-looking statements relating to the business and
financial outlook of Behringer Harvard Multifamily REIT I, Inc. that are based
on our current expectations, estimates, forecasts and projections and are not
guarantees of future performance. Actual results may differ materially from
those expressed in these forward-looking statements, and you should not place
undue reliance on any such statements. A number of important factors could
cause actual results to differ materially from the forward-looking statements
contained in this release. Such factors include those described in the Risk
Factors sections of the offering documents for the offering of shares of
Behringer Harvard Multifamily REIT I, Inc. Forward-looking statements in this
document speak only as of the date on which such statements were made, and we
undertake no obligation to update any such statements that may become untrue
because of subsequent events. We claim the safe harbor protection for
forward-looking statements contained in the Private Securities Litigation
Reform Act of 1995.

SOURCE Behringer Harvard

Katie Myers of Richards Partners, +1-214-891-5842, katie_myers@richards.com,
for Behringer Harvard; or Jason Mattox, Executive Vice President,
1-866-655-3600, jmattox@behringerharvard.com, or Barbara Marler,
+1-469-341-2312, bmarler@behringerharvard.com, both of Behringer Harvard