0001095811-01-505803.txt : 20011030
0001095811-01-505803.hdr.sgml : 20011030
ACCESSION NUMBER: 0001095811-01-505803
CONFORMED SUBMISSION TYPE: 8-K
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20011005
ITEM INFORMATION: Other events
ITEM INFORMATION: Financial statements and exhibits
FILED AS OF DATE: 20011025
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: AMERICAN RETIREMENT VILLAS PROPERTIES III LTD PARTNERSHIP
CENTRAL INDEX KEY: 0000853274
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE [6500]
IRS NUMBER: 330365417
STATE OF INCORPORATION: CA
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 8-K
SEC ACT: 1934 Act
SEC FILE NUMBER: 033-30084
FILM NUMBER: 1765697
BUSINESS ADDRESS:
STREET 1: 245 FISCHER AVE STE D 1
CITY: COSTA MESA
STATE: CA
ZIP: 92626
BUSINESS PHONE: 7147517400
MAIL ADDRESS:
STREET 2: 245 FISCHER AVE STE D1
CITY: COSTA MESA
STATE: CA
ZIP: 92626
8-K
1
a76486e8-k.txt
FORM 8-K DATED OCTOBER 5, 2001
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: October 5, 2001
AMERICAN RETIREMENT VILLAS PROPERTIES III, L.P.
(Exact Name of Registrant as Specified in Charter)
California 0-26470 33-0365417
(State or Other Jurisdiction (Commission File Number) (IRS Employer
of Incorporation) Identification No.)
245 Fischer Avenue, D-1
Costa Mesa, CA 92626
(Address of Principal Executive Offices and Zip Code)
(714) 751-7400
(Registrant's telephone number, including area code)
Item 5. Other Events
On October 5, 2001 ARV Assisted Living, Inc., the Managing General Partner of
American Retirement Villas Properties III L.P. (ARVP III), confirmed it had
received notice of an unsolicited offer to purchase up to 10,000 limited
partnership units of ARVP III for a net cash price of $300 per unit in cash from
C3 Capital, LLC, subject to reduction under certain circumstances.
The press release relating to the forgoing is attached hereto as Exhibit 99.1
and incorporated herein by reference.
The Managing General Partner has reviewed the offer, evaluated alternatives, and
made a recommendation regarding the offer to the limited partners as set forth
in a Schedule 14d-9 filed with the Securities and Exchange Commission on October
18, 2001.
Item 7. Exhibits
(c) Exhibits.
Exhibit No. Description
----------- -----------
99.1 Press Release dated October 5, 2001
-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.
AMERICAN RETIREMENT VILLAS
PROPERTIES III, L.P.
By: ARV ASSISTED LIVING, INC.
its Managing General Partner
Date: October 24, 2001 By: /s/ Douglas Pasquale
-----------------------------
Name: Douglas Pasquale
Title: Chief Executive Officer
-3-
EXHIBIT INDEX
Exhibit No. Description
----------- -----------
99.1 Press Release dated October 5, 2001
-4-
EX-99.1
3
a76486ex99-1.txt
EXHIBIT 99.1
EXHIBIT 99.1
AMERICAN RETIREMENT VILLAS PROPERTIES III, L.P.
245 FISCHER AVENUE, D-1
COSTA MESA, CALIFORNIA 92626
FOR IMMEDIATE RELEASE
October 5, 2001
AMERICAN RETIREMENT VILLAS PROPERTIES III L.P. RESPONDS TO C3 CAPITAL, LLC
TENDER OFFER
COSTA MESA, Calif. October 5, 2001 - ARV Assisted Living, Inc., the Managing
General Partner of American Retirement Villas Properties III L.P. (ARVP III),
today confirmed it has received notice of an unsolicited offer to purchase up to
10,000 limited partnership units of ARVP III for a net cash price of $300 per
unit in cash from C3 Capital, LLC, subject to reduction under certain
circumstances. The offer is subject to various conditions. The Managing General
Partner will review the offer, evaluate alternatives, and make a recommendation
regarding the offer promptly to the limited partners. The Managing General
Partner urges limited partners not to take any action with respect to the offer
until the Managing General Partner makes its recommendation.
American Retirement Villas Properties III, L.P. is the owner and operator of two
assisted living communities, which house and provide personal care and support
services to senior residents. The two assisted living communities currently in
operation are located in Camarillo, California and Chandler, Arizona and contain
an aggregate of 287 units.
Contact: ARV Assisted Living Inc.
Abdo H. Khoury, 714/751-7400