<PAGE>
8-K
Current Report
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 (Date of earliest event reported): April 2, 1999
MORGAN STANLEY CAPITAL I INC.
(Exact name of registrant as specified in its charter)
DELAWARE 333-62911 13-3291626
- ---------------------------- ----------- ---------------------
(State of Other Jurisdiction (Commission (I.R.S. Employer
Incorporation) File Number) Identification Number)
--------------------
1585 Broadway
2nd Floor
New York, New York 10036
(principal executive offices)
(212) 761-4000
<PAGE>
Item 5. OTHER EVENTS
Description of the Certificates
Morgan Stanley Capital I Inc. (the "Depositor") will cause to be filed with
the Securities and Exchange Commission (the "Commission") pursuant to the
Commission's Rule 424 a Prospectus Supplement and the Prospectus filed as part
of Registration Statement, File No. 333-62911, in connection with the
Depositor's issuance of a series of certificates, entitled Commercial Mortgage
Pass-Through Certificates, Series 1999-FNV1 (the "Certificates"), to be issued
pursuant to a pooling and servicing agreement among the Depositor, Amresco
Services, L.P., as master servicer, Banc One Mortgage Capital Markets, LLC as
special servicer, and Norwest Bank Minnesota, National Association, as trustee.
Computational Materials
Morgan Stanley & Co. Incorporated as underwriter of certain of the
Certificates (the "Underwriter") has provided certain prospective purchasers of
the Class A1, Class A2, Class B, Class C and Class D Certificates (collectively,
the "Offered Certificates") with certain yield tables and other computational
materials, collateral terms sheets and structural term sheets (the
"Computational Materials") in written form, which Computational Materials are
in the nature of data tables and term sheet information relating to the assets
of the trust fund in which the Certificates represent beneficial ownership, the
structure of the Certificates and terms of certain classes of Certificates, and
the hypothetical characteristics and hypothetical performance of certain classes
and Certificates based on collateral information provided by FINOVA Realty
Capital Inc. and/or FINOVA Commercial Mortgage Loan Owner Trust 1998-1 and under
certain assumptions and scenarios.
Item 7. FINANCIAL STATEMENTS AND EXHIBITS
(a) Not applicable
(b) Not applicable
(c) Exhibits
EXHIBITS NO. 99 DESCRIPTION
Computational Materials (as defined in Item 5) that have been provided by
the Underwriter to certain prospective purchasers of the Offered Certificates.
1
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
Dated: April 2, 1999
MORGAN STANLEY CAPITAL I INC.
By: /s/ Russell Rahbany
---------------------------
Name: Russell Rahbany
Title: Vice President
2
<PAGE>
<TABLE>
<CAPTION>
MORGAN STANLEY
MSC 1999-F1 49 records
California Balance: 208,320,912
===================================================================================================================================
- -----------------------------------------------------------------------------------------------------------------------------------
California
- -----------------------------------------------------------------------------------------------------------------------------------
Weighted
Percent by Weighted Average Weighted Weighted
Number of Aggregate Aggregate Average Remaining Weighted Average Average
Mortgage Cut-Off Date Cut-Off Date Mortgage Term to Average Cut-Off Date Balloon
Loans Balance Balance(%) Rate(%) Maturity(mos) DSCR(x) LTV(%) LTV(%)
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Retail 18 74,604,433 11.80 7.533 122 1.38 72.1 60.0
Office 8 30,477,504 4.82 7.550 116 1.32 70.4 62.9
Multifamily 6 29,901,883 4.73 7.239 121 1.25 73.3 63.8
Industrial 3 20,137,816 3.19 7.714 114 1.33 72.4 58.2
Manufactured Housing Community 5 20,037,046 3.17 7.588 113 1.24 75.1 62.7
Self Storage 6 13,187,639 2.09 7.326 113 1.57 67.7 57.2
Hospitality 1 12,140,079 1.92 8.625 117 1.41 72.9 61.9
Mixed Use 2 7,834,513 1.24 7.535 87 1.32 69.5 64.4
- -----------------------------------------------------------------------------------------------------------------------------------
Total: 49 208,330,912 32.96 7.567 117 1.35 72.0 61.2
- -----------------------------------------------------------------------------------------------------------------------------------
</TABLE>