-----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, GVviVTmcWLGmLZ6F53r5oHlFxC8O5iT/V2eSLt6oQyY3uWGyLhxbAwJka2wHoKcR wSFHp9vGK9nbPW8s+LNMZw== 0000950123-09-042311.txt : 20090910 0000950123-09-042311.hdr.sgml : 20090910 20090910130649 ACCESSION NUMBER: 0000950123-09-042311 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 20090910 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20090910 DATE AS OF CHANGE: 20090910 FILER: COMPANY DATA: COMPANY CONFORMED NAME: RAMCO GERSHENSON PROPERTIES TRUST CENTRAL INDEX KEY: 0000842183 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 136908486 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-10093 FILM NUMBER: 091062235 BUSINESS ADDRESS: STREET 1: 31500 NORTHWESTERN HWY STREET 2: SUITE 300 CITY: FARMINGTON HILLS STATE: MI ZIP: 48334 BUSINESS PHONE: 2483509900 MAIL ADDRESS: STREET 1: 31500 NORTHWESTERN HWY STREET 2: SUITE 300 CITY: FARMINGTON HILLS STATE: MI ZIP: 48334 FORMER COMPANY: FORMER CONFORMED NAME: RPS REALTY TRUST DATE OF NAME CHANGE: 19920703 8-K 1 k48304e8vk.htm FORM 8-K e8vk
 
 
UNITED STATES
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): September 10, 2009
RAMCO-GERSHENSON PROPERTIES TRUST
 
(Exact name of registrant as specified in its Charter)
         
Maryland   1-10093   13-6908486
         
(State or other jurisdiction
of incorporation)
  (Commission
File Number)
  (IRS Employer
Identification No.)
     
31500 Northwestern Highway, Suite 300, Farmington Hills, Michigan   48334
     
(Address of principal executive offices)   (Zip Code)
Registrant’s telephone number, including area code (248) 350-9900
Not applicable
 
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o     Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o     Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o     Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o     Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

 


 

Item 8.01 Other Events.
On September 9, 2009, Ramco-Gershenson Properties Trust (the “Company”) filed a prospectus supplement to the prospectus contained in its registration statement on Form S-3 (File No. 333-156689) with the Securities and Exchange Commission. In connection with such registration statement and the filing of the prospectus supplement, the Company is filing as Exhibit 8.1 hereto an opinion of its counsel, Honigman Miller Schwartz and Cohn LLP, with respect to certain tax matters.
Item 9.01 Financial Statements and Exhibits.
(d)   Exhibits.
  8.1   Opinion of Honigman Miller Schwartz and Cohn LLP as to certain tax matters.
 
  23.1   Consent of Honigman Miller Schwartz and Cohn LLP (included in Exhibit 8.1).

2


 

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.
         
  RAMCO-GERSHENSON PROPERTIES TRUST
 
 
Date: September 10, 2009  By:   /s/ Richard J. Smith    
    Richard J. Smith   
    Chief Financial Officer   

3


 

         
EXHIBIT INDEX
     
Exhibit   Description
 
   
8.1
  Opinion of Honigman Miller Schwartz and Cohn LLP as to certain tax matters.
 
   
23.1
  Consent of Honigman Miller Schwartz and Cohn LLP (included in Exhibit 8.1).

4

EX-8.1 2 k48304exv8w1.htm EX-8.1 exv8w1
Exhibit 8.1
 
(HONIGMAN LOGO)   (313)465-7000
Fax: (313) 465-8000
honigman.com
September 10, 2009
Ramco-Gershenson Properties Trust
31500 Northwestern Highway
Suite 300
Farmington Hills, Michigan 48334
  Re:   Certain Federal Income Tax Matters
Ladies and Gentlemen:
     We have acted as counsel to Ramco-Gershenson Properties Trust, a Maryland real estate investment trust (the “Company”) formerly known as RGPT Trust, which is the successor in interest to Ramco-Gershenson Properties Trust, a Massachusetts business trust originally known as RPS Realty Trust, in connection with the Registration Statement on Form S-3 (File No. 333-156689) filed by the Company with the Securities and Exchange Commission on or about January 12, 2009, under the Securities Act of 1933, as amended (the “Registration Statement”), pursuant to which the Company may offer, from time to time, common shares of beneficial interest, preferred shares of beneficial interest, debt securities, warrants (exercisable for common or preferred shares of beneficial interest), and rights (exercisable for common or preferred shares of beneficial interest or other securities), as more fully described in the Company’s prospectus dated February 9, 2009 (together with all exhibits, amendments and supplements thereto, the “Prospectus”). This opinion, which regards certain federal income tax matters, is being rendered at the request of the Company.
     In rendering the opinion stated below, we have examined and, with your consent, relied upon the following documents:
  (i)   RGPT Trust Declaration of Trust dated October 2, 1997;
 
  (ii)   RGPT Trust Articles of Amendment and Restatement of Declaration of Trust dated October 2, 1997;
 
  (iii)   RGPT Trust Articles Supplementary dated October 2, 1997;
 
  (iv)   Ramco-Gershenson Properties Trust Articles Supplementary dated November 8, 2002;
 
  (v)   Ramco-Gershenson Properties Trust Articles Supplementary dated May 28, 2004;
 
2290 First National Building 660 Woodward Avenue Detroit, Michigan 48226-3506
Detroit Lansing Oakland County Ann Arbor

 


 

(HONIGMAN LOGO)    
September 10, 2009
Page 2
  (vi)   Ramco-Gershenson Properties Trust Articles Supplementary dated June 8, 2005;
 
  (vii)   Ramco-Gershenson Properties Trust Articles of Amendment dated June 8, 2005;
 
  (viii)   Ramco-Gershenson Properties Trust Articles Supplementary dated December 12, 2007;
 
  (ix)   Ramco-Gershenson Properties Trust Articles Supplementary dated March 31, 2009;
 
  (x)   Ramco-Gershenson Properties Trust Articles Supplementary dated September 8, 2009;
 
  (xi)   The Limited Partnership Agreement of Ramco Gershenson Properties, L.P. (the “Operating Partnership”), as amended to the date hereof (the “Partnership Agreement”);
 
  (xii)   The Registration Statement and the Prospectus;
 
  (xiii)   A letter of even date to us from Dennis Gershenson, Chief Executive Officer of the Company, containing certain written representations of the Company (“Certificate of Representations”); and
 
  (xiv)   Such other records, certificates and documents as we have deemed necessary or appropriate for purposes of rendering the opinion set forth herein.
     In our examination of the foregoing documents, we have assumed, with your consent, that (i) the documents are original documents, or true and accurate copies of original documents, and have not been subsequently amended, (ii) the signatures on each original document are genuine, (iii) where any such document required execution by a person, the person who executed the document had proper authority and capacity, (iv) all representations and statements set forth in such documents are and will be true and correct, (v) where any such document imposes obligations on a person, such obligations have been or will be performed or satisfied in accordance with their terms and (vi) the Company at all times has been and will be organized and operated in accordance with the terms of such documents. We have not independently investigated or made separate inquiry into any of the representations, facts or assumptions set forth in such documents or any other documents. We have, consequently, assumed and relied on the Company’s representations that the information presented in the foregoing documents or otherwise furnished to us completely and accurately describes all material facts relevant to our opinion. Without limiting the foregoing, we have assumed that all statements and descriptions of
 
2290 First National Building 660 Woodward Avenue Detroit, Michigan 48226-3506
Detroit Lansing Oakland County Ann Arbor

 


 

(HONIGMAN LOGO)    
September 10, 2009
Page 3
the Company’s past and intended future activities in the Certificate of Representations are true and accurate, and that all representations that speak in the future, or to the intention or expectation, or to the best of the belief and knowledge of any person(s) are and will be true, correct and complete as if made without such qualification. No facts have come to our attention, however, that would cause us to question the accuracy or completeness of such facts, assumptions or documents in a material way.
     Our opinion is based on the assumptions that (i) the Company has been and will continue to be operated in accordance with the laws of the State of Maryland (and the Company’s predecessor had been operated in accordance with the laws of the State of Massachusetts); (ii) the Company has been and will continue to be operated in the manner described in the relevant organizational documents; (iii) the Operating Partnership has been and will continue to be operated in accordance with the laws of the State of Delaware; and (iv) the Operating Partnership has been and will continue to be operated in the manner described in the Partnership Agreement.
     In rendering the opinion stated below, we have also considered and relied upon the Internal Revenue Code of 1986, as amended (the “Code”), the regulations promulgated thereunder (the “Regulations”), administrative rulings and the other interpretations of the Code and Regulations by the courts and the Internal Revenue Service (“IRS”), all as they exist as of the date hereof. It should be noted, however, that the Code, Regulations, judicial decisions, and administrative interpretations are subject to change at any time and, in some circumstances, with retroactive effect. We can give no assurance, therefore, that legislative enactments, administrative changes or court decisions may not be forthcoming that would modify or supersede the opinion stated herein. In addition, there can be no assurance that positions contrary to our opinion will not be taken by the IRS, or that a court considering the issues will not hold contrary to such opinion. Moreover, the opinion set forth below represents our conclusions based upon the documents, facts, assumptions and representations referred to above. Any material amendments to such documents or changes in any significant facts after the date hereof, or inaccuracy of such assumptions or representations, could affect the opinion referred to herein.
     We express no opinion as to the laws of any jurisdiction other than the federal laws of the United States of America to the extent specifically referred to herein.
     Based upon and subject to the foregoing, we are of the opinion that, since the commencement of the Company’s taxable year which began January 1, 2002, the Company has been organized and operated in conformity with the requirements for qualification as a REIT under the Code and its proposed method of operation (as represented in the Prospectus) will enable it to continue to meet the requirements for qualification and taxation as a REIT under the Code. The Company’s qualification and taxation as a REIT under the Code will depend upon the Company’s ability to meet, through actual operating results, the applicable asset composition, source of income, stockholder diversification, distribution and other requirements of the Code and Regulations necessary for REIT qualification. We will not review such operating results
 
2290 First National Building 660 Woodward Avenue Detroit, Michigan 48226-3506
Detroit Lansing Oakland County Ann Arbor

 


 

(HONIGMAN LOGO)    
September 10, 2009
Page 4
and, accordingly, no assurance can be given that the actual results of the Company’s operations for any taxable year will satisfy the requirements for REIT qualification and taxation under the Code.
     Other than as expressly stated above, we express no opinion as to any other federal income tax issue or matter relating to the Company. We consent to the filing of this opinion as an exhibit to the Registration Statement and to references to Honigman Miller Schwartz and Cohn LLP under the sections captioned “Certain Federal Income Tax Considerations” and “Legal Matters” in the Registration Statement. In giving this consent, we do not thereby admit that we are within the category of persons whose consent is required under Section 7 of the Securities Act of 1933, as amended, or the rules or regulations of the Commission thereunder. This opinion is expressed as of the date hereof, and we disclaim any undertaking to advise you of any subsequent changes of matters stated, represented, covenanted, or assumed herein or any subsequent changes in applicable law. This opinion is issued to you in connection with the Registration Statement and may not be used or relied upon by any other person or for any other purpose without our express written consent.
Very truly yours,
/S/ HONIGMAN MILLER SCHWARTZ AND COHN LLP
RSS:AZD:MSB
 
2290 First National Building 660 Woodward Avenue Detroit, Michigan 48226-3506
Detroit Lansing Oakland County Ann Arbor

 

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