Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: January 31, 2005
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
Stedman Trent
   2. Issuer Name and Ticker or Trading Symbol
STRATEGIC HOTELS & RESORTS, INC [BEE] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
799 CENTRAL AVE, SUITE 350, 		 3. Date of Earliest Transaction (Month/Day/Year)
03/27/2009
(Street)

HIGHLAND, IL 60035		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Series B Preferred Stock, $0.01 par value per share 03/27/2009   P   2,500 A $ 2.55 496,700 I See footnote (1)
Series B Preferred Stock, $0.01 par value per share 03/30/2009   P   200 A $ 2.5 496,900 I See footnote (2)
Series B Preferred Stock, $0.01 par value per share 03/31/2009   P   2,800 A $ 2.5 499,700 I See footnote (3)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1474 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Stedman Trent
799 CENTRAL AVE, SUITE 350
HIGHLAND, IL 60035		     X    
NV North American Opportunity Fund
799 CENTRAL AVE, SUITE 350
HIGHLAND, IL 60035		     X    
Millennium Group LLC
799 CENTRAL AVE
SUITE 350
HIGHLAND PARK, IL 60035		     X    
HPP GP LLC
799 CENTRAL AVE, SUITE 350
HIGHLAND, IL 60035		     X    
Highland Park Partners Fund LP
799 CENTRAL AVE, SUITE 350
HIGHLAND, IL 60035		     X    

Signatures

 /s/ Trent Stedman*   04/02/2009
**Signature of Reporting Person Date
 Millennium Group, LLC, by Trent Stedman, Member*   04/02/2009
**Signature of Reporting Person Date
 NV North American Opportunity fund, by: Millennium Group LLC, the investment manager, by Trent Stedman, sole member*   04/02/2009
**Signature of Reporting Person Date
 HPP GP LLC, by Trent Stedman, sole member*   04/02/2009
**Signature of Reporting Person Date
 Highland Park Partners Fund LP, by HPP GP LLC, the general partners, by Trent Stedman, sole member*   04/02/2009
**Signature of Reporting Person Date
 *By Barton Aronson, as attorney-in-fact pursuant to power of attorney dated 4/2/09   04/02/2009
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) On March 27, 2009, NV North American Opportunity Fund acquired an additional 2,500 shares of Series A Preferred Stock. Millennium Group LLC, Highland Park Partners Fund LP, HPP GP LLC, and Trent Stedman each disclaim ownership in such acquisition by NV North American Opportunity Fund, except to the extent of any pecuniary interest therein. Millennium Group LLC, HPP GP LLC, and Trent Stedman also disclaim beneficial ownership of all other securities reported on this Form 4, except to the extent of any pecuniary interest therein.
(2) On March 30, 2009, NV North American Opportunity Fund acquired an additional 200 shares of Series A Preferred Stock. Millennium Group LLC, Highland Park Partners Fund LP, HPP GP LLC, and Trent Stedman each disclaim ownership in such acquisition by NV North American Opportunity Fund, except to the extent of any pecuniary interest therein. Millennium Group LLC, HPP GP LLC, and Trent Stedman also disclaim beneficial ownership of all other securities reported on this Form 4, except to the extent of any pecuniary interest therein.
(3) On March 31, 2009, NV North American Opportunity Fund acquired an additional 2,800 shares of Series A Preferred Stock. Millennium Group LLC, Highland Park Partners Fund LP, HPP GP LLC, and Trent Stedman each disclaim ownership in such acquisition by NV North American Opportunity Fund, except to the extent of any pecuniary interest therein. Millennium Group LLC, HPP GP LLC, and Trent Stedman also disclaim beneficial ownership of all other securities reported on this Form 4, except to the extent of any pecuniary interest therein.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.