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UNITED STATES OMB APPROVAL
SECURITIES AND EXCHANGE COMMISSION ----------------------------
Washington, D.C. 20549 OMB Number: 3235-0058
Expires: June 30, 1991
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FORM 12b-25 SEC FILE NUMBER
0-10831
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NOTIFICATION OF LATE FILING ----------------------------
CUSIP NUMBER
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(Check One): [_] Form 10-K [_] Form 20-F [_] Form 11-K
[X] Form 10-Q [_] Form N-SAR
For the Period Ended: SEPTEMBER 30, 1994
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[ ] 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 the Transition Period Ended:
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Read Instruction (on back page) Before Preparing Form. Please Print or Type.
Nothing in this form shall be construed to imply that the Commission has
verified any information contained herein.
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If the notification relates to a portion of the filing checked above, identify
the Item(s) to which the notification relates:
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PART I -- REGISTRANT INFORMATION
CONSOLIDATED CAPITAL INSTITUTIONAL PROPERTIES
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Full Name of Registrant
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Former Name if Applicable
5520 LBJ FREEWAY, SUITE 430
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Address of Principal Executive Office (Street and Number)
DALLAS, TEXAS 75240
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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)
(a) The reasons described in reasonable detail in Part III of this
form could not be eliminated without unreasonable effort or
expense;
(b) The subject annual report, semi-annual report, transition report
on Form 10-K, Form 20-F, 11-K, Form N-SAR, or portion thereof,
will be filed on or before the fifteenth calendar day following
[X] the prescribed due date; or the subject quarterly report of
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.
PART III -- NARRATIVE
State below in reasonable detail the reasons why the Form 10-K, 11-K, 10-Q,
N-SAR, or the transition report or portion thereof, could not be filed within
the prescribed time period. (Attach Extra Sheets if Needed)
CONCAP EQUITIES, INC. ("CEI") IS THE GENERAL PARTNER OF THE
PARTNERSHIP AND 13 AFFILIATED PUBLIC PARTNERSHIPS. SEVERAL OF
THE AFFILIATED PARTNERSHIPS HAVE HAD INCREASED REPORTING REQUIREMENTS
IN THE PAST YEAR. AS A RESULT, CEI IS UNABLE TO FILE THE
PARTNERSHIP'S QUARTERLY REPORT WITHIN THE PRESCRIBED TIME PERIOD.
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PART IV -- OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
PATRICIA L. CAMPBELL 214 702-3200
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(Name) (Area Code) (Telephone Number)
(2) Have all other periodic reports 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) been filed? If answer is no,
identify report(s). [X] Yes [ ] No
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(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? [X] Yes [ ] 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.
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CONSOLIDATED CAPITAL INSTITUTIONAL PROPERTIES
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(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned
hereunto duly authorized.
Date NOVEMBER 15, 1994 By /s/ PATRICIA L. CAMPBELL
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PATRICIA L. CAMPBELL
VICE PRESIDENT
INSTRUCTION: The form may be signed by an executive officer of the registrant or
by any other duly authorized representative. The name and title of the person
signing the form shall be typed or printed beneath the signature. If the
statement is signed on behalf of the registrant by an authorized representative
(other than an executive officer), evidence of the representative's authority to
sign on behalf of the registrant shall be filed with the form.
___________________________________ATTENTION____________________________________
Intentional misstatements or omissions of fact constitute
Federal Criminal Violations (See 18 U.S.C. 1001).
________________________________________________________________________________
GENERAL INSTRUCTIONS
1. This form is required by Rule 12b-25 (17 CFR 240.12b-25) of the General
Rules and Regulations under the Securities Exchange Act of 1934.
2. One signed original and four conformed copies of this form and amendments
thereto must be completed and filed with the Securities and Exchange
Commission, Washington, D.C. 20549, in accordance with Rule 0-3 of the
General Rules and Regulations under the Act. The information contained in or
filed with the form will be made a matter of public record in the Commission
files.
3. A manually signed copy of the form and amendments thereto shall be filed
with each national securities exchange on which any class of securities of
the registrant is registered.
4. Amendments to the notifications must also be filed on form 12b-25 but need
not restate information that has been correctly furnished. The form shall be
clearly identified as an amended notification.
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CONSOLIDATED CAPITAL INSTITUTIONAL PROPERTIES
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FORM 12b-25
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PART IV - OTHER INFORMATION
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ITEM 3.
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<TABLE>
<CAPTION>
FOR THE THREE MONTHS FOR THE NINE MONTHS
ENDED SEPTEMBER 30, ENDED SEPTEMBER 30,
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1994 1993 1994 1993
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(in thousands) (in thousands)
<S> <C> <C> <C> <C>
Total revenues............... $ 1,260 $ 1,225 $ 3,145 $ 4,717
Total costs and expenses..... 365 505 1,115 1,487
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Income from operations....... 895 720 2,030 3,230
Other income................. - - 56 -
Gain on sale of investments.. - - - 17
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Net income (loss)............ $ 895 * $ 720 $ 2,086 $ 3,247
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* As currently estimated.
Significant Changes in Results of Operations
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For the three months ended September 30, 1994, net income increased $175,000
primarily due to the Partnership's recognition of a $100,000 loss provision on
investments in the third quarter of 1993 and a decrease in administrative
expenses of $51,000.
For the nine months ended September 30, 1994, net income decreased $1.2 million
primarily because Master Loan payments made by Consolidated Capital Equity
Partners ("CCEP") decreased $1.4 million. CCEP's Master Loan payment decreased
because CCEP made advances of $589,000 on the note receivable secured by the
Carlton House Apartment and Office Building ("Carlton House") to pay Carlton
House's real estate taxes in order to protect its interest in the note
receivable. The remainder of the decrease in Master Loan payments is primarily
attributable to increased refurbishments and replacements and an increase in
general property expenses on the CCEP properties securing the Master Loan.
