-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: keymaster@town.hall.org Originator-Key-Asymmetric: MFkwCgYEVQgBAQICAgADSwAwSAJBALeWW4xDV4i7+b6+UyPn5RtObb1cJ7VkACDq pKb9/DClgTKIm08lCfoilvi9Wl4SODbR1+1waHhiGmeZO8OdgLUCAwEAAQ== MIC-Info: RSA-MD5,RSA, f74MBU+dWtJwrioIamBs6mTkgt/nSqJVX8USAJyVQvumNUgGq/v7d9tJFJfZhS6N 4OSIc4n+qDOLCyFgR4rOyg== 0000783414-95-000004.txt : 19950605 0000783414-95-000004.hdr.sgml : 19950605 ACCESSION NUMBER: 0000783414-95-000004 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19950518 ITEM INFORMATION: Acquisition or disposition of assets FILED AS OF DATE: 19950602 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: MCNEIL REAL ESTATE FUND XXIII LP CENTRAL INDEX KEY: 0000783414 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE [6500] IRS NUMBER: 330139793 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-15459 FILM NUMBER: 95544730 BUSINESS ADDRESS: STREET 1: 13760 NOEL RD STE 700 LB70 CITY: DALLAS STATE: TX ZIP: 75240 BUSINESS PHONE: 2144485800 MAIL ADDRESS: STREET 2: 13760 NOEL ROAD SUITE 700 LB 70 CITY: DALLAS STATE: TX ZIP: 75240 FORMER COMPANY: FORMER CONFORMED NAME: SOUTHMARK REALTY PARTNERS III LTD DATE OF NAME CHANGE: 19920413 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) May 18, 1995 --------------------------- McNEIL REAL ESTATE FUND XXIII, L.P. - ----------------------------------------------------------------------------- (Exact name of registrant as specified in its charter) California 0-15459 33-0139793 - ----------------------------------------------------------------------------- (State or other jurisdiction of (Commission (I.R.S. Employer incorporation or organization) File Number) Identification No.) 13760 Noel Road, Suite 700, LB70, Dallas, Texas, 75240 - ----------------------------------------------------------------------------- (Address of principal executive offices) (Zip code) Registrant's telephone number, including area code (214) 448-5800 ------------------------- ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS - ------ ------------------------------------ On May 25, 1995, Woodbridge Apartments, a 182 unit apartment complex located in Wichita, Kansas, was sold to TGM Realty Corporation, an unaffiliated buyer, for a cash purchase price of $3,200,000. Net cash proceeds to McNeil Real Estate Fund XXIII, L.P., after payment of the underlying mortgage notes encumbering the property and various closing prorations, amounted to $441,949. ITEM 3. BANKRUPTCY OR RECEIVERSHIP - ------ -------------------------- On May 18, 1995, the United States Bankruptcy Court for the Northern District of Texas Dallas Division entered an order confirming the amended plan of reorganization for McNeil Real Estate Fund XXIII. The amended reorganization plan generally provides that the proceeds from the sale of Woodbridge Apartments be used to bring both mortgage holders current, with the remaining proceeds distributed among the other creditors. The judgment lien filed against Woodbridge Apartments, which had been rendered in connection with the Illinois rescission suit, will be paid in full under the amended reorganization plan. Additionally, payables and advances owed to affiliates of the General Partner are subordinated to the other creditors and the remaining balances of these debts will be discharged. McNEIL REAL ESTATE FUND XXIII, L.P. 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 thereunto duly authorized:
McNEIL REAL ESTATE FUND XXIII, L.P. June 2, 1995 By: /s/ Carol A. Fahs - ----------------------------- -------------------------------------- Date Carol A. Fahs Chief Accounting Officer of McNeil Real Estate Management, Inc.
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