PNC MORTGAGE ACCEPTANCE CORP
8-K, 2000-05-30
ASSET-BACKED SECURITIES
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                                  UNITED STATES
                       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 May 25, 2000


                          PNC MORTGAGE ACCEPTANCE CORP.
             (Exact name of registrant as specified in its charter)


      Missouri                         333-95447              43-1681393
(State or other jurisdiction    (Commission File Number)     (I.R.S. Emmployer
of incorporation)                                              Identification)



           210 West 10th Street, 6th Floor,Kansas City Missouri      64105
              (Address of principal executive offices)             (zip code)


  Registrant's telephone number, including area code: 816-435-5000


                       ----------------------




<PAGE>

Item 5.        Other Events.

               In June 2000, the Registrant  will cause the issuance and sale of
               approximately  $802,548,969  initial principal amount of Mortgage
               Pass-Through  Certificates,  Series 2000-C1 Class A-1, Class A-2,
               Class B,  Class C,  Class D,  Class E, Class F, Class G, Class H,
               Class J,  Class K,  Class L.  Class M, Class N, Class O, Class V,
               Class  R-I,  Class  R-II and  Class  R-III  (the  "Certificates")
               pursuant to a Pooling and  Servicing  Agreement to be dated as of
               June 1, 2000, among the Registrant,  Midland Loan Services,  Inc.
               as Master  Servicer,  GMAC  Commercial  Mortgage  Corporation  as
               Special Servicer, LaSalle Bank National Association,  as Trustee,
               and ABN AMRO N.V., as Fiscal Agent.  In connection  with the sale
               of the Class A-1, Class A-2, Class B, Class C, Class D, and Class
               E (the "Publicly Offered Certificates"),  the Registrant has been
               advised  by  Morgan  Stanley  &  Co.  Incorporated,  PNC  Capital
               Markets,  Inc.  and  CIBC  World  Markets  Corp.  (together,  the
               "Underwriters"),   that  the   Underwriters   have  furnished  to
               prospective   investors  certain  written   descriptions  of  the
               securities  to be offered  that set forth the name of the issuer,
               the size of the potential offering, the structure of the offering
               (e.g.,  the  number of  classes,  seniority,  interest  rate) and
               miscellaneous  similar items (the  "Structrual Term Sheets") with
               respect  to  the  Publicly  Offered  Certificates  following  the
               effective date of Registration  Statement No. 333-95447 but prior
               to  the  availability  of a  final  Prospectus  relating  to  the
               Publicly Offered Certificates. In connection with the sale of the
               Publicy  Offered  Certificates,  the  Registrant  also  has  been
               informed by the Underwriters that the Underwriters have furnished
               to  prospective   investors   certain   descriptive   information
               regarding the mortgage  loans (the "Mortgage  Loans")  underlying
               the Certificates that set forth the number of Mortgage Loans, the
               principal  balance of the Mortgage Loans,  information  regarding
               the mortgage rates thereon and  miscellaneous  similar items (the
               "Collateral  Term  Sheets")   following  the  effective  date  of
               Registration   Statement   No.   333-95447   but   prior  to  the
               availability  of a  final  Prospectus  relating  to the  Publicly
               Offered  Certificates.  The Structural Term Sheets and Collateral
               Term Sheets are being filed as an Exhibit to this report.


               The Structural Term Sheets and Collateral  Term Sheets  attached
               hereto have been provided by the Underwriters. The information in
               the  Structural   Term  Sheets  and  Collatetal  Term  Sheets  is
               preliminary  and may be superseded by the  Prospectus  Supplement
               relating to the Publicly  Offered  Certificates  and by any other
               information  subsequently  filed with the Securities and Exchange
               Commission.

<PAGE>

Item 7.         Financial Statements, Pro Forma Financial
                Information and Exhibits

Exhibit 99.1    Collateral Term Sheets for Commercial Mortgage
                Pass-Through Certificates Series 2000-C1.




                                   SIGNATURES

      Pursuant to the  requirements  of the Securities  Exchange Act of 1934, as
amended,  the  Registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.


                          PNC MORTGAGE ACCEPTANCE CORP.

                                 /s/ Lawrence D. Ashley
                         By:    ________________________________________
                         Name:  Lawrence D. Ashley
                         Title: Senior Vice President

Date:    May 25, 2000





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