EX-16 3 aa_letter-ex16.txt FORM 8-K AA LETTER EXHIBIT 16 May 10, 2002 Office of the Chief Accountant Securities and Exchange Commission 450 Fifth Street, N.W. Washington, D.C. 20549 Dear Sir/Madam, We have read the paragraphs in Item 4 included in the Form 8-K dated May 10, 2002 of American Insured Mortgage Investors - Series 85, L.P. filed with the Securities and Exchange Commission and are in agreement with the statements contained therein. Very truly yours, /s/ ARTHUR ANDERSEN LLP Copy to: Ms. Cynthia O. Azzara, CFO and SVP, CRIIMI, Inc. as General Partner of American Insured Mortgage Investors - Series 85, L.P.