UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
[ ] Check this box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue.
1. Name and Address of Reporting Person(s)
Copeland, Jr., Darryl W.
54 Petty Road
Cranbury, NJ 08512
2. Issuer Name and Ticker or Trading Symbol
Brookdale Living Communities, Inc. (BLCI)
3. I.R.S. Identification Number of Reporting Person, if an entity (Voluntary)
4. Statement for Month/Year
06/98
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
[X] Director [ ] 10% Owner
[X] Officer (give title below) [ ] Other (specify below)
Executive Vice President
7. Individual or Joint/Group Filing (Check Applicable Line)
[X] Form filed by One Reporting Person
[ ] Form filed by More than One Reporting Person
<TABLE>
<CAPTION>
Table I Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1)Title of Security 2)Trans- 3.Trans- 4.Securities Acquired(A) 5)Amount of 6) 7)Nature of
action action or Disposed of (D) Securities Indirect
Date Code A Beneficially D Beneficial
(Month/ or Owned at or Ownership
Day/Year) Code V Amount D Price End of Month I
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<S> <C> <C> <C> <C><C> <C> <C><C>
Common Stock 06/19/98 M 35,000 A $11.5000 D Direct
Common Stock 06/19/98 S 10,000 D $27.2500 D Direct
Common Stock 06/22/98 S 10,000 D $26.2500 D Direct
Common Stock 06/23/98 S 2,000 D $26.0000 D Direct
Common Stock 06/24/98 S 3,000 D $25.5833 D Direct
Common Stock 06/26/98 S 2,500 D $26.0000 D Direct
Common Stock 06/29/98 S 1,000 D $26.1250 D Direct
Common Stock 06/30/98 S 6,500 D $25.9327 12,000 D Direct
Common Stock 05/07/97 J (1) 100,000 A I by Corporation
Common Stock 05/07/97 J (2) 25,000 A 125,000 I by Corporation
<CAPTION>
Table II (PART 1) Derivative Securities Acquired, Disposed of, or Beneficially Owned (Columns 1 through 6)
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1)Title of Derivative 2)Conversion 3)Trans- 4)Trans- 5)Number of Derivative 6)Date Exercisable and
Security or Exercise action action Securities Acquired (A) Expiration Date
Price of Date Code or Disposed of (D)
Derivative
Security Code V A D Exercisable Expiration
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<S> <C> <C> <C> <C> <C> <C> <C>
Non-Qualified Stock Option $11.5000 06/19/98 M 35,000 05/07/07
(right to buy)
<CAPTION>
Table II (PART 2) Derivative Securities Acquired, Disposed of, or Beneficially Owned (Columns 1,3 and 7 through 11)
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1)Title of Derivative 3)Trans- 7)Title and Amount 8)Price 9)Number of 10) 11)Nature of
Security action of Underlying of Deri- Derivative Indirect
Date Securities vative Securities D Beneficial
Amount or Security Beneficially or Ownership
Number of Owned at I
- Title Shares End of Month
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<S> <C> <C> <C> <C> <C> <C> <C>
Non-Qualified Stock Option 06/19/98 Common Stock 35,000 -35,000 D Direct
(right to buy)
<FN>
Explanation of Responses:
(1)
100,000 shares of Common Stock currently held by The Prime Group, Inc. and subject to an option to purchase held by Darryl W.
Copeland, Jr. pursuant to a stock option agreement bertween The Prime Group, Inc. and Darryl W. Copeland, Jr.
(2)
25,000 shares of Common Stock currently held by The Prime Group, Inc. and Prime Group VI, L.P. pursuant to a stock option purchase
agreement between The Prime Group, Inc., Prime Group VI, L.P. and Darryl W. Copeland, Jr.
</FN>
</TABLE>
SIGNATURE OF REPORTING PERSON
/S/ Darryl W. Copeland, Jr.
DATE
