0000928790-95-000070.txt : 19950821 0000928790-95-000070.hdr.sgml : 19950821 ACCESSION NUMBER: 0000928790-95-000070 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19950720 ITEM INFORMATION: Changes in control of registrant FILED AS OF DATE: 19950804 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: HUTTON CONAM REALTY INVESTORS 81 CENTRAL INDEX KEY: 0000350023 STANDARD INDUSTRIAL CLASSIFICATION: 6500 IRS NUMBER: 133069026 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-10223 FILM NUMBER: 95559127 BUSINESS ADDRESS: STREET 1: 388 GREENWICH ST CITY: NEW YORK STATE: NY ZIP: 10013 BUSINESS PHONE: 2125263237 MAIL ADDRESS: STREET 1: 3 WORLD FINANCIAL CENTER STREET 2: 29TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10285 FORMER COMPANY: FORMER CONFORMED NAME: HUTTON CONAM PROPERTIES 81 DATE OF NAME CHANGE: 19810616 8-K 1 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 20, 1995 HUTTON/CONAM REALTY INVESTORS 81 (Exact name of registrant as specified in its charter) California 0-10223 13-3069026 (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) 3 World Financial Center, 29th Floor New York, NY ATTN: Andre Anderson 10285 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (212) 526-3237 Item 2. Disposition of Assets: On July 20, 1995, Hutton/Conam Realty Investors 81 (the "Partnership") closed on the sale of Cedar Bay Village and Kingston Village (the "Properties"). Cedar Bay Village and Kingston Village sold for $1,410,000 and $5,370,000, respectively to an institutional buyer (the "Buyer"), which is unaffiliated with the Partnership. The selling price was determined by arm's length negotiations between the Partnership and the Buyer. The transaction resulted in a gain on sale for Cedar Bay Village and Kingston Village of approximately $99,000 and $1,609,000 respectively, which will be reflected in the Partnership's statement of operations for the period ending September 30, 1995. The General Partners intend to distribute most if not all of the net sale proceeds from the Properties in the third quarter of 1995. Item 7. Financial Statements and Exhibits: (a) Financial statement of businesses acquired. Not applicable (b) Pro forma financial information. The Partnership is currently unable to provide complete proforma financial information required as a result of the above transaction. This financial information will be included in an amendment to this Form 8-K which will be filed as soon as practicable, but no later than 60 days after the due date hereof. SIGNATURES 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 hereunto duly authorized. HUTTON/CONAM REALTY INVESTORS 81 Registrant By: RI 81 Real Estate Services, Inc. General Partner By: /s/ Paul L. Abbott Date: August 4, 1995 Name: Paul L. Abbott Title: Director, President, Chief Executive Officer and Chief Financial Officer