SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
--------------------
SCHEDULE 13G
UNDER THE SECURITIES AND EXCHANGE ACT OF 1934
(Amendment No. 1)
EQUITY ONE, INC.
- --------------------------------------------------------------------------------
(Name of Issuer)
COMMON STOCK, $.01 PAR VALUE
- --------------------------------------------------------------------------------
(Title of Class of Securities)
294752100
- --------------------------------------------------------------------------------
(CUSIP Number)
DECEMBER 31, 1999
- --------------------------------------------------------------------------------
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed.
[ ] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[X] Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not
be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).
Page 1 of 12 Pages
<PAGE>
- ------------------- -------------------
CUSIP NO. 294752100 SCHEDULE 13G PAGE 2 OF 11 PAGES
- ------------------- -------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
CHAIM KATZMAN
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
ISRAEL AND THE UNITED STATES
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER 333,490
NUMBER OF
SHARES --------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER 7,291,936
OWNED BY
EACH --------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER 333,490
PERSON WITH
--------------------------------------------
8 SHARED DISPOSITIVE POWER 7,291,936
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,625,426
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
66.4%(1)
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
(1) See Item 4 herein.
<PAGE>
- ------------------- -------------------
CUSIP NO. 294752100 SCHEDULE 13G PAGE 3 OF 11 PAGES
- ------------------- -------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
M.G.N. (USA), INC.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
NEVADA
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER 3,103,000
NUMBER OF
SHARES --------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER 0
OWNED BY
EACH --------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER 3,103,000
PERSON WITH
--------------------------------------------
8 SHARED DISPOSITIVE POWER 0
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,103,000
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
27.2%(1)
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
(1) See Item 4 herein.
<PAGE>
- ------------------- -------------------
CUSIP NO. 294752100 SCHEDULE 13G PAGE 4 OF 11 PAGES
- ------------------- -------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
GAZIT (1995), INC.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
NEVADA
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER 3,102,592
NUMBER OF
SHARES --------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER 0
OWNED BY
EACH --------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER 3,102,592
PERSON WITH
--------------------------------------------
8 SHARED DISPOSITIVE POWER 0
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,102,592
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES*
[ ]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
27.0%(1)
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
(1) See Item 4 herein.
<PAGE>
- ------------------- -------------------
CUSIP NO. 294752100 SCHEDULE 13G PAGE 5 OF 11 PAGES
- ------------------- -------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
GAZIT-GLOBE (82) LTD.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
ISRAEL
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER 1,060,000
NUMBER OF
SHARES --------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER 6,205,592
OWNED BY
EACH --------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER 1,060,000
PERSON WITH
--------------------------------------------
8 SHARED DISPOSITIVE POWER 6,205,592
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,265,592(3)
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES*
[ ](2)
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
63.7%(1)
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
(1) See Item 4 herein.
<PAGE>
- ------------------- -------------------
CUSIP NO. 294752100 SCHEDULE 13G PAGE 6 OF 11 PAGES
- ------------------- -------------------
ITEM 1(A). NAME OF ISSUER.
Equity One, Inc.
ITEM 1(B). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES.
1600 N.E. Miami Gardens Drive, Suite 200
North Miami Beach, FL 33179
ITEM 2(A). NAME OF PERSON FILING.
This statement is filed on behalf of Chaim Katzman, an
individual, M.G.N. (USA), Inc., a Nevada corporation, Gazit
(1995), Inc., a Nevada corporation and Gazit-Globe (82) Ltd.,
an Israeli corporation (each, a "Reporting Person," and
collectively, the "Reporting Persons").
ITEM 2(B). ADDRESS OF PRINCIPAL BUSINESS OFFICE.
The address of the principal business office for each
Reporting Person is:
1600 N.E. Miami Gardens Drive, Suite 200
North Miami Beach, FL 33179
ITEM 2(C). CITIZENSHIP.
Chaim Katzman is a citizen of the United States and Israel.
Each of M.G.N. (USA), Inc. and Gazit (1995), Inc. was
organized under the laws of the State of Nevada. Gazit-Globe
(82) Ltd. was organized under the laws of Israel.
ITEM 2(D). TITLE OF CLASS OF SECURITIES.
Common Stock, par value $.01 per share
ITEM 2(E). CUSIP NUMBER.
294752100
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13D-1(B), OR
13D-2(B) OR (C), IDENTIFY THE STATUS OF THE PERSON FILING.
Not applicable.
<PAGE>
- ------------------- -------------------
CUSIP NO. 294752100 SCHEDULE 13G PAGE 7 OF 11 PAGES
- ------------------- -------------------
ITEM 4. OWNERSHIP.
AMOUNT
REPORTING PERSON BENEFICIALLY OWNED(1) PERCENT OF CLASS(1)
Chaim Katzman 7,625,426(2) 66.4%
M.G.N. (USA), Inc. 3,103,000 27.2%
Gazit (1995), Inc. 3,102,592 27.0%
Gazit-Globe (82) Ltd. 7,265,592(3) 63.7%
POWER TO VOTE POWER TO DISPOSE
------------------------- -------------------------
REPORTING PERSON SOLE SHARED SOLE SHARED
- ----------------------- --------- ------------ --------- ------------
Chaim Katzman 333,490 7,291,936(2) 333,490 7,291,936(2)
M.G.N. (USA), Inc. 3,103,000 0 3,103,000 0
Gazit (1995), Inc. 3,102,592 0 3,102,592 0
Gazit-Globe (82) Ltd. 1,060,000 6,205,592(3) 1,060,000 6,205,592(3)
- ------------------
(1) Calculated on the basis of 11,400,378 shares of Common Stock
outstanding on December 31, 1998.
(2) Includes (i) 3,103,000 shares owned by M.G.N. (USA), Inc., (ii)
3,102,592 shares owned by Gazit (1995), Inc., and (iii) 1,060,000
shares owned by Gazit-Globe (82) Ltd. Does not include 287,984 shares
of Common Stock issuable upon the exercise of options granted to Mr.
Katzman under the 1995 Stock Option Plan, which options are currently
exercisable. Mr. Katzman is President of each of M.G.N. (USA) Inc. and
Gazit (1995), Inc. and a director of Gazit-Globe (82) Ltd.
(3) Includes 3,103,000 shares owned by M.G.N. (USA), Inc. and 3,102,592
shares owned by Gazit (1995), a wholly-owned subsidiaries of
Gazit-Globe (82) Ltd.
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
If this Statement is being filed to report the fact that as of
the date hereof the reporting person has ceased to be the
beneficial owner of more than five percent of the class of
securities, check the following.
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER
PERSON.
Not applicable.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH
ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING
COMPANY.
Not applicable.
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
See Exhibit A hereto.
<PAGE>
- ------------------- -------------------
CUSIP NO. 294752100 SCHEDULE 13G PAGE 8 OF 11 PAGES
- ------------------- -------------------
ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
Not applicable.
ITEM 10. CERTIFICATION.
Not Applicable.
<PAGE>
- ------------------- -------------------
CUSIP NO. 294752100 SCHEDULE 13G PAGE 9 OF 11 PAGES
- ------------------- -------------------
SIGNATURES
After reasonable 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.
February 11, 2000 /s/ CHAIM KATZMAN
-----------------
CHAIM KATZMAN
M.G.N. (USA), INC.,
a Nevada corporation
By:/s/ CHAIM KATZMAN
-----------------
Chaim Katzman, President
GAZIT (1995), INC.,
a Nevada corporation
By:/s/ CHAIM KATZMAN
-----------------
Chaim Katzman, President
GAZIT-GLOBE (82) LTD.,
a Israeli corporation
By:/s/ CHAIM KATZMAN
-----------------
Chaim Katzman, Director
<PAGE>
- ------------------- -------------------
CUSIP NO. 294752100 SCHEDULE 13G PAGE 10 OF 11 PAGES
- ------------------- -------------------
EXHIBIT A
THE MEMBERS OF THE GROUP
Chaim Katzman, an individual
M.G.N. (USA), Inc., a Nevada corporation
Gazit (1995), Inc., a Nevada corporation
Gazit-Globe (82) Ltd., an Israeli corporation
The principal place of business for each member of the group is 1600
N.E. Miami Gardens Drive, North Miami Beach, Florida 33179.
<PAGE>
- ------------------- -------------------
CUSIP NO. 294752100 SCHEDULE 13G PAGE 11 OF 11 PAGES
- ------------------- -------------------
EXHIBIT B
THE MEMBERS OF THE GROUP
Pursuant to Rule 13d-1(k)(1), the undersigned hereby consent to the
joint filing of a single statement on their behalf.
February 11, 2000 -----------------
CHAIM KATZMAN
M.G.N. (USA), INC.,
a Nevada corporation
By:
------------------------
Chaim Katzman, President
GAZIT (1995), INC.,
a Nevada corporation
By:
------------------------
Chaim Katzman, President
GAZIT-GLOBE (82) LTD.,
a Israeli corporation
By:
------------------------
Chaim Katzman, Director
