-----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, ReZ2g1Sh0SNYspnb1QrI1OfNpBLrcOUU2d0UJk4ivaaR5uqtX7WbanuhP+thmQF7 hXpUTrdTAezyq/DrjEqo7Q== 0000931017-95-000084.txt : 19951013 0000931017-95-000084.hdr.sgml : 19951013 ACCESSION NUMBER: 0000931017-95-000084 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19951005 ITEM INFORMATION: Acquisition or disposition of assets ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 19951012 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: MRI BUSINESS PROPERTIES FUND LTD II CENTRAL INDEX KEY: 0000745289 STANDARD INDUSTRIAL CLASSIFICATION: HOTELS & MOTELS [7011] IRS NUMBER: 942935565 STATE OF INCORPORATION: CA FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-14177 FILM NUMBER: 95580173 BUSINESS ADDRESS: STREET 1: 5665 NORTHSIDE DR NW CITY: ATLANTA STATE: GA ZIP: 30328 BUSINESS PHONE: 4049169090 MAIL ADDRESS: STREET 1: 100 JERICHO QUADRANGLE STREET 2: STE 214 CITY: JERICHO STATE: NY ZIP: 11753 8-K 1 MRI BUSINESS PROPERTIES FUND, LTD. II - 8-K SECURITIES AND EXCHANGE COMMISSION Washington, DC 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) October 5, 1995 MRI Business Properties Fund, Ltd. II (Exact Name of Registrant as Specified in Its Charter) California (State or Other Jurisdiction of Incorporation) 0-14177 94-2935565 (Commission File Number) (I.R.S. Employer Identification No.) 5665 Northside Drive, N.W., Atlanta, Georgia 30328 (Address of Principal Executive Offices) (Zip Code) (404) 916-9090 (Registrant's Telephone Number, Including Area Code) N/A (Former Name or Former Address, if Changed Since Last Report) Item 2. Acquisition or Disposition of Assets On October 5, 1995, Registrant sold its Somerset Marriott Hotel located in Somerset, New Jersey to Equistar Somerset Company, LLC, an unaffiliated entity, for $24,950,000. After satisfying the existing mortgages and paying closing costs, net proceeds to Registrant were approximately $2,575,000. The sale resulted in a gain of approximately $1,000,000. In addition, after a final accounting is performed by the management company additional amounts may be payable to Registrant. Registrant intends to distribute the net proceeds from the sale to its partners pursuant to the terms of the Partnership Agreement during the first quarter of fiscal 1996. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits (b) Pro Forma Financial Information: The required pro forma financial information will be provided in Registrant's Annual Report on Form 10-K for the fiscal year ended September 30, 1995. 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. MRI BUSINESS PROPERTIES FUND, LTD. II By: Montgomery Realty Company 84, its General Partner By: Fox Realty Investors, its Managing Partner By: NPI Equity Investments II, Inc., its Managing partner Date: October 12, 1995 By: /s/ Michael L. Ashner Michael L. Ashner, President -----END PRIVACY-ENHANCED MESSAGE-----