BARON CAPITAL PROPERTIES LP
NT 10-Q, 2000-05-16
OPERATORS OF APARTMENT BUILDINGS
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                     U.S. SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                   FORM 12b-25

                           NOTIFICATION OF LATE FILING

                                                           ---------------------
                                                           SEC FILE NUMBER
                                                           333-55753
                                                           ---------------------
                                                           ---------------------
                                                           CUSIP NUMBER
                                                                     N/A
                                                           ---------------------

[ ] Form 10-K and Form 10-KSB [ ] Form 20-F [ ] Form 11-K
[X] Form 10-Q and Form 10-QSB [ ] Form N-SAR

         For Period Ended: March 31, 2000

         [ ] Transition  Report on Form  10-K
         [ ] Transition  Report on Form  20-F
         [ ] Transition  Report on Form 11-K
         [ ] Transition  Report on Form 10-Q
         [ ] Transition  Report on Form  N-SAR
         For Transition Period Ended:  N/A

     Nothing in this form shall be  construed to imply that the  Commission  has
verified any information contained herein.

     If the  notification  relates  to a portion of the  filing  checked  above,
identify the Item(s) to which the notification relates: N/A

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Part 1 -- Registrant Information

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


     Full  Name of  Registrant  (former  name,  if  applicable):  Baron  Capital
Properties, L.P.

     Address of Principal Executive Office (Street and Number):

                                      7826 Cooper  Road, Cincinnati, Ohio 45242
                                              City, State and Zip Code

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

Part II -- Rules 12b-25 (b) and (c)

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


If the subject report could not be filed without  unreasonable effort or expense
and the Registrant seeks relief pursuant to rule 12b-25(b), the following should
be completed. (Check box if appropriate)

      X   (a) The reasons  described  in  reasonable  detail in Part III of this
     form could not be eliminated without unreasonable effort or expense;

      X   (b) The subject annual report,  semi-annual report,  transition report
     on Form 10-K,  Form 20-F,  Form 11-K or Form N-SAR, or portion thereof will
     be filed on or before the fifteenth calendar day following the

<PAGE>

     prescribed due date; or the subject  quarterly report or transition  report
     on Form  10-Q,  or  portion  thereof  will be filed on or before  the fifth
     calendar day following the prescribed due date; and

          (c) The  accountant's  statement  or other  exhibit  required  by Rule
     12b-25(c) has been attached, if applicable.


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Part III -- Narrative

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

State below in  reasonable  detail the  reasons  why Form 10-K and Form  10-KSB,
20-F,  11-K, 10-Q and Form 10-QSB,  N-SAR,  or the transition  report or portion
thereof could not be filed within the prescribed period:

     The  Registrant  is unable to file its Form  10-QSB  within the  prescribed
     period because the  Registrant has been unable to complete the  performance
     of all of the  procedures  the Registrant  considers  necessary,  under the
     circumstances, in order to issue the financial statements of the Registrant
     for the quarter ended March 31, 2000.

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Part IV -- Other Information

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

     (1) Name and  telephone  number  of  person  to  contact  in regard to this
notification:

                  Dennis P. Spates, Esq.             212-925-2020
                  ------------------------------------------------------------
                  (Name)                        (Area Code) (Telephone Number)

     (2) Have all other periodic  reports  required under section 13 or 15(d) of
the Securities  Exchange Act of 1934 or section 30 of the Investment Company Act
of 1940  during the  preceding  12 months or for such  shorter  period  that the
Registrant was required to file such reports(s) been filed? If the answer is no,
identify report(s).

                                                      [X] Yes             [ ] No

     (3) Is it anticipated that any significant  change in results of operations
from the corresponding  period for the last fiscal year will be reflected by the
earnings statements to be included in the subject report or portion thereof?

                                                      [ ] Yes             [X] No

     If so, attach an explanation of the anticipated  change,  both  narratively
and  quantitatively,  and, if  appropriate,  state the reasons why a  reasonable
estimate of the results cannot be made. N/A



     Baron Capital Properties, L.P. has caused this notification to be signed on
its behalf by the undersigned hereunto duly authorized.

Dated:  May 15, 2000                     BARON CAPITAL PROPERTIES, L.P.
                                         By Baron Capital Trust, General Partner


                                         By /s/ Mark L. Wilson
                                            -------------------------------
                                                Mark L. Wilson
                                                Chief Financial Officer


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