0001011443-05-000017.txt : 20120628
0001011443-05-000017.hdr.sgml : 20120628
20050304172022
ACCESSION NUMBER: 0001011443-05-000017
CONFORMED SUBMISSION TYPE: SC 13G
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20050304
DATE AS OF CHANGE: 20050304
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: FIRST UNION REAL ESTATE EQUITY & MORTGAGE INVESTMENTS
CENTRAL INDEX KEY: 0000037008
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 346513657
STATE OF INCORPORATION: OH
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13G
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-19676
FILM NUMBER: 05662114
BUSINESS ADDRESS:
STREET 1: 7 BULFINCH PLACE
STREET 2: SUITE 500 PO BOX 9507
CITY: BOSTON
STATE: MA
ZIP: 02114
BUSINESS PHONE: 6175704614
MAIL ADDRESS:
STREET 1: 7 BULFINCH PLACE
STREET 2: SUITE 500 PO BOX 9507
CITY: BOSTON
STATE: MA
ZIP: 02114
FORMER COMPANY:
FORMER CONFORMED NAME: FIRST UNION REALTY
DATE OF NAME CHANGE: 19691012
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: HBK INVESTMENTS L P
CENTRAL INDEX KEY: 0001011443
IRS NUMBER: 752622581
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13G
BUSINESS ADDRESS:
STREET 1: 300 CRESCENT CT
STREET 2: STE 700
CITY: DALLAS
STATE: TX
ZIP: 75201
BUSINESS PHONE: 2147586100
MAIL ADDRESS:
STREET 1: 300 CRESCENT CT
STREET 2: STE 700
CITY: DALLAS
STATE: TX
ZIP: 75201
SC 13G
1
fur0534.txt
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
First Union Real Estate Equity and Mortgage Investments
(Name of Issuer)
Common Stock
(Title of Class of Securities)
337400105
(CUSIP Number)
February 28, 2005
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
/ / Rule 13d-1(b)
/X/ Rule 13d-1(c)
/ / Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities,
and for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).
CUSIP No. 337400105
1. Name of Reporting Person.
HBK Investments L.P.
2. Check the Appropriate Box if a Member of a Group
(a) / /
(b) / /
3. SEC Use Only
4. Citizenship or Place of Organization: Delaware
5. Sole Voting Power: 4,888,888 (1)(2)
Shares
Beneficially 6. Shared Voting Power: 0
Owned By
Each
Reporting 7. Sole Dispositive Power: 4,888,888 (1)(2)
With:
8. Shared Dispositive Power: 0
9. Aggregate Amount Beneficially Owned by Each Reporting Person:
4,888,888 (1)(2)
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares / /
11. Percent of Class Represented by Amount in Row (9): 13.2%
12. Type of Reporting Person: PN
--------------
(1) The obligation to file this Schedule 13G arose as a result of shares of
the Issuer's Series B-1 Cumulative Convertible Redeemable Preference Shares
that are convertible into shares of the Issuer's common stock
(collectively, the "Securities") owned by HBK Fund L.P. (the "Fund") as of
February 28, 2005. HBK Investments L.P. ("Investments") has sole voting
and dispositive power over these Securities pursuant to an Investment
Management Agreement with the Fund. Accordingly, the Fund has no
beneficial ownership of such Securities.
(2) Investments' power is exercised by its general partner, HBK Partners II
L.P., whose general partner is HBK Management L.L.C.
Item 1(a). Name of Issuer:
The name of the issuer is First Union Real Estate Equity and Mortgage
Investments (the "Issuer").
Item 1(b). Address of Issuer's Principal Executive Offices:
The principal executive offices of the Issuer are located at 7 Bulfinch
Place, Suite 500, Boston, MA 02114.
Item 2(a). Names of Persons Filing:
Pursuant to Rules 13d-1(k)(1)-(2) of Regulation 13D-G of the General Rules
and Regulations under the Securities Exchange Act of 1934, as amended (the
"Act"), this Schedule 13G Statement is hereby filed by HBK Investments L.P., a
Delaware limited partnership (the "Reporting Person"). Additionally,
information is included herein with respect to the following persons
(collectively, the "Controlling Persons"): HBK Partners II L.P., a Delaware
limited partnership ("Partners II"), HBK Management L.L.C., a Delaware limited
liability company ("Management") and Kenneth M. Hirsh, Laurence H. Lebowitz,
William E. Rose, David C. Haley and Jamiel A. Akhtar, members of Management,
who may control Management ("Managers"). The Reporting Person and the
Controlling Persons are sometimes hereinafter collectively referred to as the
"Item 2 Persons."
Item 2(b). Address of Principal Business Office, or if None, Residence:
The principal business office for each of the Item 2 Persons is 300
Crescent Court, Suite 700, Dallas, Texas 75201.
Item 2(c). Citizenship:
All of the natural persons listed in Item 2(a) are citizens of the United
States of America.
Item 2(d). Title of Class of Securities:
This statement relates to the Common Stock of the Issuer.
Item 2(e). CUSIP Number:
The CUSIP number of the Common Stock is 337400105.
Item 3. If this statement is filed pursuant to Sections 240.13d-1(b) or
240.13d-2(b) or (c), check whether the person filing is a:
(a) / / Broker or dealer registered under section 15 of the Act
(15 U.S.C. 78o).
(b) / / Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
(c) / / Insurance company as defined in section 3(a)(19) of the Act
(15 U.S.C. 78c).
(d) / / Investment company registered under section 8 of the Investment
Company Act of 1940 (15 U.S.C. 80a-8).
(e) / / An investment adviser in accordance with section
240.13d-1(b)(1)(ii)(E).
(f) / / An employee benefit plan or endowment fund in accordance with
section 240.13d-1(b)(1)(ii)(F).
(g) / / A parent holding company or control person in accordance with
section 240.13d-1(b)(1)(ii)(G).
(h) / / A savings associations as defined in Section 3(b) of the Federal
Deposit Insurance Act (12 U.S.C. 1813).
(i) / / A church plan that is excluded from the definition of an
investment company under section 3(c)(14) of the Investment Company Act of 1940
(15 U.S.C. 80a-3).
(j) / / Group, in accordance with section 240.13d-1(b)(1)(ii)(J).
Item 4. Ownership.
(a) - (b)
Reporting Persons
Pursuant to an Investment Management Agreement with the Fund, Investments
may, pursuant to Rule 13d-3(a), be deemed to be the beneficial owner of the
Securities.
Controlling Persons
Because of its position as the sole general partner of Investments,
Partners II may be deemed to be the beneficial owner of the Securities.
Each of (1) Management, as sole general partner of Partners II, and (2) the
Managers, as the controlling persons of Management may, pursuant to Rule 13d-3
of the Act, be deemed to be the beneficial owner of the Securities.
The Persons listed in Item 2(a) expressly declare that the filing of this
statement on Schedule 13G shall not be construed as an admission that they are,
for the purpose of Section 13(d) or 13(g) of the Securities and Exchange Act of
1934, the beneficial owners of the Securities.
(c)
Reporting Persons
Pursuant to an Investment Management Agreement with the Fund, an acting
through its general partner, Partners II, Investments has the sole power to
vote or direct the vote and to dispose or to direct the disposition of the
Securities.
Controlling Persons
Acting through its general partner, Management, and in its capacity as the
general partner of Investments, Partners II has the sole power to vote or to
direct the vote and to dispose or to direct the disposition of the Securities.
In its capacity as the general partner of Partners II, Management has the
sole power to vote or to direct the vote and to dispose or to direct the
disposition of the Securities.
Managers
In their capacity as controlling persons of Management, the Managers have
the sole power to vote or to direct the vote and to dispose or to direct the
disposition of the Securities.
Item 5. Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more than
five percent of the class of securities, check the following / /
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Not applicable.
Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on By the Parent Holding Company.
Not applicable.
Item 8. Identification and Classification of Members of the Group.
Not applicable.
Item 9. Notice of Dissolution of Group.
Not applicable.
Item 10. Certification.
By signing below I certify that, to the best of my knowledge and belief,
the securities referred to above were not acquired and are not held for the
purpose of or with the effect of changing or influencing the control of the
issuer of the securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose or effect.
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
DATED: March 4, 2005
HBK INVESTMENTS L.P.
By: /s/ Jon L. Mosle
Jon L. Mosle
Authorized Signatory (1)
(1) An Authorization Certificate authorizing Jon L. Mosle to act on
behalf of HBK Investments L.P. was previously filed.