<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): July 23, 1999
MORGAN STANLEY CAPITAL I INC.
(Exact name of registrant as specified in its charter)
DELAWARE 333-62911 13-3291626
(State or 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
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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-LIFE1 (the "Certificates"), to be issued
pursuant to a pooling and servicing agreement among the Depositor, Wells Fargo
Bank, National Association, as master servicer and as special servicer, LaSalle
Bank National Association, as trustee and ABN AMRO Bank N.V., as fiscal agent.
Computational Materials
Morgan Stanley & Co. Incorporated as underwriter of certain of the
Certificates (the "Underwriter") has provided certain prospective purchasers of
the Class A-1, Class A-2, Class B, Class C, Class D and Class E Certificates
(collectively, the "Offered Certificates") with certain yield tables and other
computational materials, collateral term 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 Principal
Commercial Funding, LLC, John Hancock Real Estate Finance, Inc. and/or Morgan
Stanley Mortgage Capital, Inc. and under certain assumptions and scenarios.
Item 7. FINANCIAL STATEMENTS AND EXHIBITS
(a) Not applicable
(b) Not applicable
(c) Exhibits
EXHIBIT 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
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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: July 23, 1999
MORGAN STANLEY CAPITAL I INC.
By: /s/ Russell Rahbany
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Name: _Russell Rahbany
Title: Vice President
2
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<TABLE>
<CAPTION>
Seller Tab Property Name Sub-Type Current Balance
- --------- ----------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
JHREF 30 DM Management Warehouse $11,935,410
JHREF 33 Plaza Building A of the Vienna Technology Park Suburban Office $11,162,150
JHREF 34 DCT Industrial Buildings Light Industrial $ 6,210,000
JHREF 35 Noble International Industrial Building Light Industrial $ 5,290,000
JHREF 54 110 Leroy Street Urban Office $ 6,745,355
PCF 55 Holiday Companies Headquarters Suburban Office $ 6,660,000
PCF 57 160 Rittenhouse Circle Light Industrial $ 2,123,868
PCF 58 603 General Washington Avenue Light Industrial $ 1,468,532
PCF 60 4325 West Tropicana Ave. Warehouse $ 1,176,607
PCF 61 4333 West Tropicana Ave. Warehouse $ 720,672
JHREF 62 1275 Commerce Boulevard Warehouse $ 5,975,950
PCF 64 6285 Lookout Road Suburban Office $ 5,700,000
PCF 70 Diamondback Building Light Industrial $ 5,492,692
PCF 72 Ultimate Software Group Office Building Suburban Office $ 5,122,500
PCF 78 CCL Industries Light Industrial $ 4,871,331
PCF 85 4303 Lewis Road Flex Industrial $ 1,301,790
PCF 87 Wagner Industries Warehouse $ 4,134,386
PCF 90 7 Holland Warehouse $ 3,991,798
PCF 93 Rite Aid Anchored $ 3,750,000
PCF 98 701 Willowbrook Lane Flex Industrial $ 1,279,224
PCF 100 2554 Ford Road Light Industrial $ 1,191,701
PCF 101 247 Rittenhouse Circle Light Industrial $ 723,650
PCF 106 CCAi Renaissance Centre Suburban Office $ 3,150,000
PCF 107 Ten Parkway Plaza Suburban Office $ 3,141,765
JHREF 113 Nypro Building Light Industrial $ 2,993,484
PCF 118 Federal Express Warehouse Warehouse $ 2,439,788
PCF 125 Clarke American Building Flex Industrial $ 2,046,000
JHREF 129 Main Steel Light Industrial $ 1,526,997
</TABLE>
<TABLE>
<CAPTION>
Tenant Lease Expiration Rating
- -------------------------------------------------------------------------------------------
<S> <C> <C>
DM Management Company 02/28/2017 100.0% N/A
GSA - CIA 09/30/2003 100.0% U.S. GOVERNMENT
DCT, Inc. 07/01/2011 100.0% N/A
Noble International, LTD. 04/30/2002 100.0% N/A
The Shooting Gallery 05/31/2008 100.0% N/A
Holiday Station Stores 04/30/2014 100.0% N/A
Federal Express Corporation 05/31/2004 100.0% BBB
Airborne Freight Corp. 09/30/2001 100.0% BBB+
Cubic Enterprises 12/31/03 100.0% N/A
Artistic Autobody 1/31/02 100.0% N/A
Western Wine Services, Inc. 04/30/2016 100.0% N/A
SCC 12/31/2002 100.0% N/A
The Derby Cycle Corp 04/14/2009 100.0% B
Ultimate Software Group Inc. 05/31/2014 100.0% N/A
CCL 05/31/2009 100.0% N/A
Federal Express Corporation 11/30/2000 100.0% BBB
Wagner Industries, Inc. 12/31/2013 100.0% N/A
Cassette Productions Unlimited 03/11/2004 100.0% N/A
Thrifty/Payless (Rite Aid) 01/31/2019 100.0% BBB (RITE AID)
Federal Express 04/30/2002 100.0% BBB
Airborne Express 6/30/01 100.0% BBB+
Ina Linear Technik, Inc. 3/31/00 100.0% N/A
Conley, Canitano & Associates, 01/31/2008 100.0% N/A
Wellman, Inc. 03/31/2004 100.0% BBB
Nypro San Diego, Inc. 05/31/2002 100.0% N/A
Federal Express Corporation 04/30/2008 100.0% BBB
Clarke American Checks Inc. 09/30/2003 100.0% N/A
Main Steel Polishing Company 10/13/2013 100.0% N/A
</TABLE>
