SecProbe.io

<DOCUMENT>
<TYPE>LETTER
<SEQUENCE>1
<FILENAME>filename1.txt
<TEXT>

      June 7, 2005

Mail Stop 4561

Philip S. Payne
Chairman and Chief Financial Officer
BNP Residential Properties, Inc.
301 South College Street, Suite 3850
Charlotte, NC  28202

Re:	BNP Residential Properties, Inc.
      Form S-3 filed May 24, 2005
      File No. 333-125184

Dear Mr. Payne:

	This is to advise you that we are limiting our review of the
above registration statement to ensure compliance with the
outstanding comments on your Form 10-K that is currently being
reviewed by staff.  We will not conduct any further review of the
registration statement aside from this outstanding matter.

      We urge all persons who are responsible for the accuracy and
adequacy of the disclosure in the filing to be certain that the
filing includes all information required under the Securities Act
of
1933 and that they have provided all information investors require
for an informed investment decision.  Since the company and its
management are in possession of all facts relating to a company`s
disclosure, they are responsible for the accuracy and adequacy of
the
disclosures they have made.

      Notwithstanding our comments, in the event the company
requests
acceleration of the effective date of the pending registration
statement, it should furnish a letter, at the time of such
request,
acknowledging that:

?	should the Commission or the staff, acting pursuant to
delegated
authority, declare the filing effective, it does not foreclose the
Commission from taking any action with respect to the filing;

?	the action of the Commission or the staff, acting pursuant to
delegated authority, in declaring the filing effective, does not
relieve the company from its full responsibility for the adequacy
and
accuracy of the disclosure in the filing; and

?	the company may not assert staff comments and the declaration
of
effectiveness as a defense in any proceeding initiated by the
Commission or any person under the federal securities laws of the
United States.

	In addition, please be advised that the Division of
Enforcement
has access to all information you provide to the staff of the
Division of Corporation Finance in connection with our review of
your
filing or in response to our comments on your filing.

      We will consider a written request for acceleration of the
effective date of the registration statement as confirmation of
the
fact that those requesting acceleration are aware of their
respective
responsibilities under the Securities Act of 1933 and the
Securities
Exchange Act of 1934 as they relate to the proposed public
offering
of the securities specified in the above registration statement.
We
will act on the request and, pursuant to delegated authority,
grant
acceleration of the effective date.

      We direct your attention to Rules 460 and 461 regarding
requesting acceleration of a registration statement.  Please allow
adequate time after the filing of any amendment for further review
before submitting a request for acceleration.  Please provide this
request at least two business days in advance of the requested
effective date.

      Please contact Jennifer Gowetski, at (202) 551-3401, or me
at
(202) 551-3780 with any questions.

Sincerely,

Karen J. Garnett
Assistant Director

cc:	Michael S. O`Sullivan, Esq. (via facsimile)
	DLA Piper Rudnick Gray Cary US LLP
??

??

??

??

BNP Residential Properties, Inc.
June 7, 2005
Page 1

</TEXT>
</DOCUMENT>