0000950134-01-507079.txt : 20011010
0000950134-01-507079.hdr.sgml : 20011010
ACCESSION NUMBER: 0000950134-01-507079
CONFORMED SUBMISSION TYPE: SC 13D/A
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20011005
GROUP MEMBERS: AIMCO-GP INC
GROUP MEMBERS: AIMCO/IPT INC
GROUP MEMBERS: APARTMENT INVESTMENT AND MANAGEMENT CO
GROUP MEMBERS: INSIGNIA PROPERTIES LP
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: AIMCO PROPERTIES LP
CENTRAL INDEX KEY: 0000926660
STANDARD INDUSTRIAL CLASSIFICATION: OPERATORS OF APARTMENT BUILDINGS [6513]
IRS NUMBER: 841275621
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13D/A
BUSINESS ADDRESS:
STREET 1: 2000 SOUTH COLORADO BLVD.
STREET 2: SUITE 2-1000
CITY: DENVER
STATE: CO
ZIP: 80222-8101
BUSINESS PHONE: 3037578101
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: DREXEL BURNHAM LAMBERT REAL ESTATE ASSOCIATES II
CENTRAL INDEX KEY: 0000725646
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE [6500]
IRS NUMBER: 133202289
STATE OF INCORPORATION: NY
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13D/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-51697
FILM NUMBER: 1753024
BUSINESS ADDRESS:
STREET 1: 55 BEATTIE PLACE
STREET 2: P O BOX 1089
CITY: GREENVILLE
STATE: SC
ZIP: 29602
BUSINESS PHONE: 8642391000
MAIL ADDRESS:
STREET 1: 55 BEATTIE PLACE
STREET 2: P O BOX 1089
CITY: GREENVILLE
STATE: SC
ZIP: 29602
SC 13D/A
1
d91133afsc13da.txt
AMENDMENT NO. 7 TO SCHEDULE 13D
1
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Amendment No. 7
under the Securities Exchange Act of 1934
DREXEL BURNHAM LAMBERT REAL ESTATE ASSOCIATES II
--------------------------------------------------------------------------------
(Name of Issuer)
LIMITED PARTNERSHIP UNITS
--------------------------------------------------------------------------------
(Title of Class of Securities)
NONE
-------------------------------
(CUSIP Number)
MR. PATRICK J. FOYE
EXECUTIVE VICE PRESIDENT
APARTMENT INVESTMENT AND MANAGEMENT COMPANY
COLORADO CENTER, TOWER TWO
2000 SOUTH COLORADO BOULEVARD, SUITE 2-1000
DENVER, COLORADO 80222
TELEPHONE: (303) 757-8081
with a copy to:
GREGORY M. CHAIT
KATHERINE M. KOOPS
POWELL, GOLDSTEIN, FRAZER & MURPHY LLP
191 PEACHTREE STREET, N.E., SIXTEENTH FLOOR
ATLANTA, GEORGIA 30303-1740
TELEPHONE: (404) 572-6600
--------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized to Receive Notices
and Communications)
SEPTEMBER 28, 2001
--------------------------------------------------------------------------------
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(e), (f) or (g), check the following box [ ].
Note: Six copies of this statement, including all exhibits, should be filed with
the Commission. See Rule 13d-1(a) for other parties to whom copies are to be
sent.
(Continued on following pages)
(Page 1 of 8 Pages)
2
CUSIP NO. NOT APPLICABLE 13D PAGE 2 OF 8 PAGES
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON: AIMCO PROPERTIES, L.P.
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY): 84-1275721
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)[ ]
(b)[X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
WC
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES ----------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 10,383 UNITS
EACH REPORTING ----------------------------------------------------------
PERSON WITH 9 SOLE DISPOSITIVE POWER
----------------------------------------------------------
10 SHARED DISPOSITIVE POWER
10,383 UNITS
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
10,383 UNITS
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
27.8%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
3
CUSIP NO. NOT APPLICABLE 13D PAGE 3 OF 8 PAGES
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON: AIMCO-GP, INC.
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY):
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)[ ]
(b)[X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
NOT APPLICABLE
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES --------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 10,383 UNITS
EACH REPORTING --------------------------------------------------------
PERSON WITH 9 SOLE DISPOSITIVE POWER
--------------------------------------------------------
10 SHARED DISPOSITIVE POWER
10,383 UNITS
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
10,383 UNITS
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
27.8%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
--------------------------------------------------------------------------------
4
CUSIP NO. NOT APPLICABLE 13D PAGE 4 OF 8 PAGES
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON: APARTMENT INVESTMENT AND MANAGEMENT COMPANY
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY): 84-1259577
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)[ ]
(b)[X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
NOT APPLICABLE
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
MARYLAND
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES ------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 10,393 UNITS
EACH REPORTING ------------------------------------------------------
PERSON WITH 9 SOLE DISPOSITIVE POWER
------------------------------------------------------
10 SHARED DISPOSITIVE POWER
10,393 UNITS
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
10,393 UNITS
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
27.9%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
--------------------------------------------------------------------------------
5
CUSIP NO. NOT APPLICABLE 13D PAGE 5 OF 8 PAGES
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON: INSIGNIA PROPERTIES, L.P.
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY):
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)[ ]
(b)[X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
NOT APPLICABLE
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES -------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 10 UNITS
EACH REPORTING -------------------------------------------------------
PERSON WITH 9 SOLE DISPOSITIVE POWER
-------------------------------------------------------
10 SHARED DISPOSITIVE POWER
10 UNITS
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
10 UNITS
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
LESS THAN 1%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN
--------------------------------------------------------------------------------
6
CUSIP NO. NOT APPLICABLE 13D PAGE 6 OF 8 PAGES
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON: AIMCO/IPT, INC.
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY):
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)[ ]
(b)[X]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS
NOT APPLICABLE
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e) [ ]
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
--------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF
SHARES -------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 10 UNITS
EACH REPORTING -------------------------------------------------------
PERSON WITH 9 SOLE DISPOSITIVE POWER
-------------------------------------------------------
10 SHARED DISPOSITIVE POWER
10 UNITS
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
10 UNITS
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[ ]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
LESS THAN 1%
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
CO
--------------------------------------------------------------------------------
7
CUSIP NO. NOT APPLICABLE 13D PAGE 7 OF 8 PAGES
This Amendment No. 7 (this "Amendment") amends the Statement on
Schedule 13D initially filed jointly by AIMCO Properties, L.P., AIMCO-GP, Inc.,
and Apartment Investment and Management Company ("AIMCO") on October 27, 1999,
as amended by Amendments 1 through 6, which amended and updated the reported
beneficial ownership of the units of the issuer by the group.
Item 1. Security and Issuer
The name of the issuer is Drexel Burnham Lambert Real Estate Associates
II, a New York limited partnership (the "Partnership"), and the address of its
principal executive offices is Colorado Center, Tower Two, 2000 South Colorado
Blvd, Suite 2-1000, Denver, CO 80222. The Partnership's managing general partner
is DBL Properties Corporation, a Delaware corporation (the "General Partner").
The General Partner is a wholly owned subsidiary of AIMCO. The title of the
class of equity securities to which this statement relates is the Partnership's
units of limited partnership interest ("Units").
Item 3. Source and Amount of Funds or Other Consideration.
This Amendment is being filed after the conclusion of the tender offer
by AIMCO Properties, L.P., a Delaware limited partnership, to purchase
outstanding Units of limited partnership interest of the Partnership, at a price
of $67 per unit, subject to the conditions set forth in the Offer to Purchase
dated August 30, 2001, supplement thereto filed as exhibit 7 to the Schedule
TO/A filed September 24, 2001, and amended Schedule TO/A filed September 27,
2001.
At midnight on September 28, 2001, the offer expired pursuant to its
terms. A total of 809 Units, representing approximately 2.15% of the outstanding
Units, were validly tendered and not withdrawn pursuant to the offer. AIMCO
Properties, L.P., has accepted for payment all of those units at a price of $67
per Unit. The Units were purchased with cash on hand.
Item 5. Interest in Securities of the Issuer
(a)-(b) The information in lines 7 through 11 of each reporting
person's cover page is incorporated herein by reference. The number of units
directly owned by each reporting person is as follows:
Number of Directly Owned Percentage of Class
Entity or Person Units Represented
---------------- ------------------------ -------------------
AIMCO Properties, L.P. 10,383 27.8%
AIMCO -0- -0-
AIMCO-GP, Inc. -0- -0-
Insignia Properties, L.P. 10 Less than 1%
AIMCO/IPT, Inc. -0- -0-
(c) See Item 3 above regarding transactions in the Units within the
past 60 days.
(d) No other person is known to have the right to receive or the power
to direct the receipt of dividends from, or any proceeds from the
sale of, the Units beneficially owned by the reporting persons.
(e) Not Applicable.
8
CUSIP NO. NOT APPLICABLE 13D PAGE 8 OF 8 PAGES
SIGNATURE
After due inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.
Dated: October 5, 2001
AIMCO PROPERTIES, L.P.
By: AIMCO-GP, INC.
(General Partner)
By: /s/ Patrick J. Foye
----------------------------------
Executive Vice President
AIMCO-GP, INC.
By: /s/ Patrick J. Foye
----------------------------------
Executive Vice President
APARTMENT INVESTMENT AND
MANAGEMENT COMPANY
By: /s/ Patrick J. Foye
----------------------------------
Executive Vice President
INSIGNIA PROPERTIES, L.P.
By: /s/ Patrick J. Foye
----------------------------------
Executive Vice President
AIMCO/IPT, INC.
By: /s/ Patrick J. Foye
----------------------------------
Executive Vice President