PNC MORTGAGE ACCEPTANCE CORP
8-K, 2000-05-31
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 26, 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. Employer
 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 X, 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  "Structural  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 Exhibits 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 Collateral 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      Preliminary Term Sheet for Commercial  Mortgage   Pass-Through
                  Certificates Series 2000-C1.

Exhibit 99.2      Computational Materials 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 26, 2000



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