SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities and Exchange Act of 1934
Date of Report: September 25, 1997
(Date of earliest event reported)
Structured Asset Securities Corporation
(Exact name of registrant as specified in its charter)
Delaware 33-96378-02 74-2440850
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(State or Other (Commission (I.R.S. Employer
Jurisdiction of File Number) Identification No.)
Incorporation
200 Vesey Street, New York, N.Y. 10285
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (212) 526-7000
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Item 5. Other Events.
Attached as Exhibit 1 to this Current Report is (i) the consent of Arthur
Andersen LLP regarding the financial statements of Courtyard by Marriott Limited
Partnership, (ii) the consent of Arthur Andersen LLP regarding the financial
statements of New York Communications Center Associates Limited Partnership; and
(iii) the consent of Price Waterhouse LLP regarding the financial statements of
Community Centers One L.L.C., Community Centers Two L.L.C. and Shoppers World
Community Center L.P. (collectively, the "Accountants' Consents"), each of which
has been furnished to the Registrant in respect of the Registrant's proposed
offering of Commercial Mortgage Pass-Through Certificates, Series 1997-LL I (the
"Certificates").
The Certificates will be offered pursuant to a Prospectus and related
Prospectus Supplement (together, the "Prospectus"), which will be filed with the
Commission pursuant to Rule 424 under the Securities Act of 1933, as amended
(the "Act"). The offer and sale of the Certificates contemplated by the
Prospectus will be registered pursuant to the Act under the Registrant's
Registration Statement on Form S-3 (No. 33-96378) (the "Registration
Statement"). The Registrant hereby incorporates the Accountants' Consents by
reference in the Prospectus and the Registration Statement.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
(c) Exhibits
Item 601(a) of Regulation
S-K Exhibit No. Description
23.1 Consent of Arthur Andersen LLP
23.2 Consent of Arthur Andersen LLP
23.3 Consent of Price Waterhouse LLP
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Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on behalf of the Registrant
by the undersigned thereunto duly authorized.
STRUCTURED ASSET SECURITIES CORPORATION
By: /s/Theodore P. Janulis
Name: Theodore P. Janulis
Title: President
Date: September 25, 1997
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Exhibit Index
Item 601(a) of
Regulation S-K
Exhibit No. Exhibit No. Description Page
1 23.1 Consent of Arthur Andersen LLP
2 23.2 Consent of Arthur Andersen LLP
3 23.3 Consent of Price Waterhouse LLP
CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS
As independent public accountants, we hereby consent to the use of our
report (and to all references to our Firm) dated April 11, 1997 included in or
made part of the Registration Statement No. 33-96378 and in the Prospectus
Supplement and Prospectus for Lehman Brothers, Commercial Mortgage Pass-Through
Certificates, Series 1997 - LL I.
/s/ Arthur Andersen LLP
Washington, D.C.
September 19, 1997
CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS
As independent public accountants, we hereby consent to the use of our
report dated March 15, 1997 included in New York Communications Center
Associates Limited Partnership's audited financial statements as of and for each
of the three years in the period ended December 31, 1996 (and to all references
to our Firm) included in or made part of the Registration Statement No. 33-96378
and in the Prospectus Supplement and Prospectus for Lehman Brothers Commercial
Mortgage Pass-Through Certificates Series 1997 - LL I.
/s/ Arthur Andersen LLP
New York, New York
September 19, 1997
CONSENT OF INDEPENDENT ACCOUNTANTS
We hereby consent to the incorporation by reference in the Prospectus
constituting part of the Registration Statement on Form S-3 (No. 33-96378) of
Structured Asset Securities Corporation of our report dated February 21, 1997
relating to the combined financial statements of Community Centers One L.L.C.,
Community Centers Two L.L.C. and Shoppers World Community Center L.P., which
appears in the Current Report on Form 8-K of Structured Asset Securities
Corporation dated September 23, 1997.
/s/ Price Waterhouse LLP
PRICE WATERHOUSE LLP
Cleveland, Ohio
September 23, 1997
