UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): July 6, 2010 (June 30, 2010)

Behringer Harvard Multifamily REIT I, Inc.

(Exact Name of Registrant as Specified in Its Charter)

15601 Dallas Parkway, Suite 600, Addison, Texas

75001

(Address of principal executive offices)

(Zip Code)

(866) 655-3600

(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))

Item 2.01           Completion of Acquisition or Disposition of Assets.

On June 30, 2010, Behringer Harvard Multifamily REIT I, Inc. (which may be referred to herein as the “Registrant,” “we,” “our” or “us”) acquired a fee simple interest in a mixed-use development located in Chicago, Illinois, commonly known as Burnham Pointe (“Burnham Pointe”) through Behringer Harvard Burnham, LLC, a wholly owned subsidiary of Behringer Harvard Multifamily OP I LP, our operating partnership, from an unaffiliated seller, Stark Burnham Pointe LLC, a Wisconsin limited liability company.

Burnham Pointe is a 298-unit multifamily community with approximately 16,000 square feet of retail space and amenities including a fitness center, an adjacent parking garage and a pool, spa and sundeck.  Burnham Pointe, which was completed in 2008, has an average unit size of 1,010 square feet.

The purchase price for Burnham Pointe was approximately $88.0 million, excluding closing costs.  We funded the purchase price with proceeds from our initial public offering.  We may later place mortgage debt on the community.

2

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 thereunto duly authorized.

3