Last year was a period of adjustment for Monogram Residential Trust (NYSE: MORE). It changed its name, transitioned to self-management and listed its shares on the New York Stock Exchange.
Monogram, previously known as Behringer Harvard Multifamily REIT I, Inc., a public non-listed REIT, was formed in 2006. Since then, it has assembled a portfolio that includes investments in 54 upscale multifamily properties, consisting of more than 15,000 apartment homes across 11 states.