-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, NHPYVlE9nbLeU0esO2jP3MP+hKnt34No/nE7chx0pLKWHk+2fYEm236rtMt4T5N9 GMn+S1lCOCbgggo4iJQBOA== 0001006199-98-000115.txt : 19980624 0001006199-98-000115.hdr.sgml : 19980624 ACCESSION NUMBER: 0001006199-98-000115 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980623 SROS: NYSE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: AVALON BAY COMMUNITIES INC CENTRAL INDEX KEY: 0000915912 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 770404318 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: SEC FILE NUMBER: 005-43987 FILM NUMBER: 98652095 BUSINESS ADDRESS: STREET 1: 2900 EISENHOWER AVENUE STREET 2: SUITE 300 CITY: ALEXANDRIA STATE: VA ZIP: 22314 BUSINESS PHONE: 7033296300 MAIL ADDRESS: STREET 1: 2900 EISENHOWER AVENUE STREET 2: STE 300 CITY: ALEXANDRIA STATE: VA ZIP: 22314 FORMER COMPANY: FORMER CONFORMED NAME: BAY APARTMENT COMMUNITIES INC DATE OF NAME CHANGE: 19931208 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: LASALLE ADVISORS CAPITAL MANAGEMENT INC ET AL CENTRAL INDEX KEY: 0000938417 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 363637257 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 100 EAST PRATT STEET CITY: BALTIMORE STATE: MD ZIP: 21202 MAIL ADDRESS: STREET 1: 100 EAST PRATT ST STREET 2: 100 EAST PRATT ST CITY: BALTIMORE STATE: MD ZIP: 21202 FORMER COMPANY: FORMER CONFORMED NAME: LASALLE ADVISORS LP ET AL DATE OF NAME CHANGE: 19950221 SC 13G/A 1 AMENDED 13G/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 3) Bay Apartment Communities, Inc. (Name of Issuer) Common Stock (Title of Class of Securities) 07201210 (CUSIP Number) April 27, 1998 (Date of Event Which Requires Filing of this Statement) - -------------------------------------------------------------------------------- Check the appropriate box to designate the rule pursuant to which this Schedule is filed: |X| Rule 13d-1(b) | | Rule 13d-1(c) | | Rule 13d-1(d) - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON: LaSalle Advisors Capital Management, Inc. I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY): 36-4160747 - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X| (b) | | - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Maryland - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 348,600 ----------------------------------------------------------- NUMBER 6 SHARED VOTING POWER OF SHARES BENEFICIALLY 1,557,568 OWNED BY ----------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON WITH 315,400 ----------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,669,523 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,685,586 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*|X| Excludes shares beneficially owned by ABKB/LaSalle Securities Limited Partnership. - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.08% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IA - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON: ABKB/LaSalle Securities Limited Partnership I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY):36-3991973 - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X| (b) | | - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Maryland - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 1,358,736 ----------------------------------------------------------- NUMBER 6 SHARED VOTING POWER OF SHARES BENEFICIALLY 0 OWNED BY ----------------------------------------------------------- EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON WITH 1,358,736 ----------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 326,850 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,984,923 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*|X| Excludes shares beneficially owned by LaSalle Advisors Capital Manage- ment, Inc. - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 7.16% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IA - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Item 1. (a) Name of Issuer: Bay Apartment Communities, Inc. (b) Address of Issuer's Principal Executive Offices: 4340 Stevens Creek Boulevard, Suite 275, San Jose, California 95129 Item 2. LaSalle Advisors Capital Management, Inc. provides the following informa- tion: (a) Name of Person Filing: LaSalle Advisors Capital Management, Inc. (b) Address of Principal Business Office or, if none, Residence: 200 East Randolph Drive, Chicago, Illinois 60601 (c) Citizenship: Maryland (d) Title of Class of Securities: Common Stock (e) CUSIP Number: 072012107 ABKB/LaSalle Securities Limited Partnership provides the following infor- mation: (a) Name of Person Filing: ABKB/LaSalle Securities Limited Partnership (b) Address of Principal Business Office or, if none, Residence: 200 East Randolph Drive, Chicago, Illinois 60601 (c) Citizenship: Maryland (d) Title of Class of Securities: Common Stock (e) CUSIP Number: 072012107 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 (b) | | Bank as defined in section 3(a)(6) of the Act (c) | | Insurance company as defined in section 3(a)(19) of the Act (d) | | Investment company registered under section 8 of the Investment Company Act of 1940 (e) |X|* 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 association as defined in section 3(b) of the Federal Deposit Insurance Act (i) | | A church plan that is excluded from the definition of an in- vestment company under section 3(c)(14) of the Investment Company Act of 1940 (j) | | Group, in accordance with Section 240.13d-1(b)-1(ii)(J) If this statement is filed pursuant to Section 240.13d-1(c), check this box. | | --------------------- * This response is provided on behalf of LaSalle Advisors Capital Manage- ment, Inc. and ABKB/LaSalle Securities Limited Partnership, each an investment adviser registered under Section 203 of the Investment Advisers Act of 1940. Item 4. Ownership Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. LaSalle Advisors Capital Management, Inc. provides the following information: (a) Amount Beneficially Owned: 1,685,586 (b) Percent of Class: 6.08% (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote: 1,358,736 (ii) Shared power to vote or to direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of: 1,358,736 (iv) Shared power to dispose or to direct the disposition of: 326,850 ABKB/LaSalle Securities Limited Partnership provides the following information: (a) Amount Beneficially Owned: 1,984,923 (b) Percent of Class: 7.16% (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote: 348,600 (ii) Shared power to vote or to direct the vote: 1,557,568 (iii) Sole power to dispose or to direct the disposition of: 315,400 (iv) Shared power to dispose or to direct the disposition of: 1,669,523 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 N/A Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company N/A Item 8. Identification and Classification of Members of the Group The two members of the group are: LaSalle Advisors Capital Management, Inc. ("LaSalle") and ABKB/LaSalle Securities Limited Partnership ("ABKB/LaSalle"). ABKB/LaSalle is a Maryland limited partnership, the limited partner of which is LaSalle and the general partner of which is ABKB/LaSalle Securities, Inc., a Maryland corporation, the sole stockholder of which is LaSalle. LaSalle and ABKB/LaSalle, each registered investment advisers, have different advisory clients. Item 9. Notice of Dissolution of Group N/A Item 10. Certification By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of and 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. SIGNATURE 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: May 6, 1998 LaSalle Advisors Capital Management, Inc. By: /s/ William K. Morrill, Jr. Name: William K. Morrill, Jr. Title: Managing Director ABKB/LaSalle Securities Limited Partnership By: /s/ William K. Morrill, Jr. Name: William K. Morrill, Jr. Title: Managing Director -----END PRIVACY-ENHANCED MESSAGE-----