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Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0000950136-01-000765.txt : 20010424
<SEC-HEADER>0000950136-01-000765.hdr.sgml : 20010424
ACCESSION NUMBER:		0000950136-01-000765
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20010418
ITEM INFORMATION:		
FILED AS OF DATE:		20010420

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			INTEGRATED RESOURCES HIGH EQUITY PARTNERS SERIES 85
		CENTRAL INDEX KEY:			0000730067
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE [6500]
		IRS NUMBER:				133239107
		STATE OF INCORPORATION:			CA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		
		SEC FILE NUMBER:	000-14438
		FILM NUMBER:		1607275

	BUSINESS ADDRESS:	
		STREET 1:		CAMBRIDGE CENTER
		STREET 2:		9TH FLOOR
		CITY:			CAMBRIDGE
		STATE:			MA
		ZIP:			02142
		BUSINESS PHONE:		617-234-3000

	MAIL ADDRESS:	
		STREET 1:		CAMBRIDGE CENTER
		STREET 2:		9TH FLOOR
		CITY:			CAMBRIDGE
		STATE:			MA
		ZIP:			02142

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	HIGH EQUITY PARTNERS SERIES 85
		DATE OF NAME CHANGE:	19850626

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	RESOURCES HIGH EQUITY PARTNERS
		DATE OF NAME CHANGE:	19850203
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>0001.txt
<DESCRIPTION>FORM 8-K
<TEXT>

<PAGE>


                       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)              April 18, 2001
                                                              --------------
<TABLE>
<CAPTION>
<S>                                          <C>                              <C>

                   Integrated Resources High Equity Partners, Series 85, A California Limited Partnership
- --------------------------------------------------------------------------------------------------------------------
               (Exact Name of Registrant as Specified in Charter)


              California                                0-14438                              13-3239107
- ----------------------------------------  ---------------------------------     ------------------------------------
     (State or Other Jurisdiction              (Commission File Number)         (I.R.S. Employer Identification No.)
           of Incorporation)


                                                        5 Cambridge Center
                                                            9th Floor
                                                  Cambridge, Massachusetts 02142
- --------------------------------------------------------------------------------------------------------------------
                                             (Address of Principal Executive Offices)


                                           Registrant's telephone number (617) 234-3000
                                                                         --------------

                                                          Not Applicable
- -------------------------------------------------------------------------------------------------------------------
                           (Former Name or Former Address, if Changed Since Last Report
</TABLE>


<PAGE>


ITEM 5            OTHER EVENTS.

         The solicitation of consents of limited partners of Registrant to the
merger of Registrant with and into Shelbourne Properties I L.P. ended on April
16, 2001. Limited partners owning 246,723 limited partnership units or 61.68% of
the outstanding units voted in favor of the merger, limited partners owning
27,523 limited partnership units or 6.88% of the outstanding units voted against
the merger and limited partners owning 3,152 limited partnership units or .78%
of the outstanding units abstained. Accordingly, on April 18, 2001, the merger
was consummated in accordance with the terms set forth in the prospectus/consent
solicitation statement, dated February 8, 2001. Pursuant to the terms of the
merger each outstanding limited partnership unit has been converted into three
shares of common stock of Shelbourne Properties I, Inc. Trading in the shares of
common stock of Shelbourne Properties I, Inc. is expected to commence on the
American Stock Exchange in the early part of May.


                                   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.


                          INTEGRATED RESOURCES HIGH EQUITY
                          PARTNERS, SERIES 85, A CALIFORNIA LIMITED
                          PARTNERSHIP

                          By:  Resources High Equity, Inc., its General Partner


                          By:      /s/ Michael L. Ashner
                               ------------------------------------------------
                                   Michael L. Ashner
                                   President


Dated:  April 18, 2001


</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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