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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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Tender Offer Statement Pursuant to Section 14(d)(1)
of the Securities Exchange Act of 1934
SCHEDULE 14D-1
(Amendment No. 5)
(Final Amendment)
AND
SCHEDULE 13D
Under the Securities Exchange Act of 1934
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BALCOR REALTY INVESTORS - 83
(Name of Subject Company)
WALTON STREET CAPITAL ACQUISITION CO., L.L.C.
WIG 83 PARTNERS
FMG ACQUISITION I, L.L.C.
INSIGNIA FINANCIAL GROUP, INC.
(Bidders)
LIMITED PARTNERSHIP INTERESTS
(Title of Class of Securities)
NONE
(CUSIP Number of Class of Securities)
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Edward J. Schneidman
John R. Sagan
Mayer, Brown & Platt
190 South LaSalle Street
Chicago, Illinois 60603
(312) 782-0600
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications on Behalf of Bidders)
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CUSIP No.: None 14D-1/13D
1. Name of Reporting Person: WIG 83 Partners
S.S. or I.R.S. Identification Nos. of Above Person: 36-4050715
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2. Check the Appropriate Box if a Member of a Group: (a) [x]
(b) [ ]
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3. SEC Use Only:
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4. Sources of Funds: WC, AF, OO
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5. Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(e) or 2(f): [ ]
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6. Citizenship or Place of Organization: Delaware
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7. Aggregate Amount Beneficially Owned by Each Reporting Person: 5963.0834 Interests
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8. Check if the Aggregate in Row (7) Excludes Certain Shares: [ ]
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9. Percent of Class Represented by Amount in Row (7): Approximately 8% of the Interests outstanding as of September
30, 1995.
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10. Type of Reporting Person: PN
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CUSIP No.: None 14D-1/13D
1. Name of Reporting Person: Walton Street Capital Acquisition Co., L.L.C.
S.S. or I.R.S. Identification Nos. of Above Person: 36-4048971
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2. Check the Appropriate Box if a Member of a Group: (a) [x]
(b) [ ]
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3. SEC Use Only:
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4. Sources of Funds: AF, OO
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5. Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(e) or 2(f): [ ]
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6. Citizenship or Place of Organization: Delaware
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7. Aggregate Amount Beneficially Owned by Each Reporting Person: 5,963.0834 Interests
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8. Check if the Aggregate in Row (7) Excludes Certain Shares: [ ]
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9. Percent of Class Represented by Amount in Row (7): Approximately 8% of the Interests outstanding as of September
30, 1995.
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10. Type of Reporting Person: OO
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<TABLE>
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CUSIP No.: None 14D-1/13D
1. Name of Reporting Person: FMG Acquisition I, L.L.C.
S.S. or I.R.S. Identification Nos. of Above Person:
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2. Check the Appropriate Box if a Member of a Group: (a) [x]
(b) [ ]
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3. SEC Use Only:
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4. Sources of Funds: AF
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5. Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(e) or 2(f): [ ]
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6. Citizenship or Place of Organization: Delaware
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7. Aggregate Amount Beneficially Owned by Each Reporting Person: 5,963.0834 Interests
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8. Check if the Aggregate in Row (7) Excludes Certain Shares: [ ]
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9. Percent of Class Represented by Amount in Row (7): Approximately 8% of the Interests outstanding as of September
30, 1995.
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10. Type of Reporting Person: OO
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CUSIP No.: None 14D-1/13D
1. Name of Reporting Person: Insignia Financial Group, Inc.
S.S. or I.R.S. Identification Nos. of Above Person:
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2. Check the Appropriate Box if a Member of a Group: (a) [x]
(b) [ ]
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3. SEC Use Only:
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4. Sources of Funds: WC
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5. Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(e) or 2(f): [ ]
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6. Citizenship or Place of Organization: Delaware
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7. Aggregate Amount Beneficially Owned by Each Reporting Person: 5,963.0834 Interests
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8. Check if the Aggregate in Row (7) Excludes Certain Shares: [ ]
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9. Percent of Class Represented by Amount in Row (7): Approximately 8% of the Interests outstanding as of September
30, 1995.
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10. Type of Reporting Person: CO
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Amendment No. 5 to Schedule 14D-1
Schedule 13D
This Amendment No. 5 constitutes (i) the final Amendment to the Tender
Offer Statement on Schedule 14D-1 filed by Walton Street Capital Acquisition
Co., L.L.C., a Delaware limited liability company (the "Purchaser"), with the
Commission on November 16, 1995, as amended by Amendment No. 1 filed with the
Commission on November 21, 1995, Amendment No. 2 filed with the Commission on
December 5, 1995, Amendment No. 3 filed with the Commission on December 19,
1995 and Amendment No. 4 filed with the Commission on December 19, 1995; and
(ii) the Statement on Schedule 13D of the Purchaser, WIG 83 Partners, FMG
Acquisition I, L.L.C. and Insignia Financial Group, Inc. All capitalized terms
used herein but not otherwise defined have the meanings ascribed to such terms
in the Offer to Purchase dated November 16, 1995 (the "Offer to Purchase"), the
First Supplement to the Offer to Purchase dated December 5, 1995 (the "First
Supplement") and the related Letter of Acceptance (the "Letter of Acceptance,"
which together constitute the "Offer").
ITEM 6. INTEREST IN SECURITIES OF THE SUBJECT COMPANY.
Item 6 is hereby amended by the following:
(a) - (b) At 5:00 p.m., Eastern Standard Time, on Wednesday, January
3, 1996, the Offer expired pursuant to its terms. Based on information
provided by the Depositary, a total of 5,963.0834 Interests, representing
approximately 8% of the outstanding Interests, were validly tendered and not
withdrawn pursuant to the Offer. The Purchaser has accepted for payment all
such Interests at the purchase price of $136 per Interest in cash.
ITEM 11. MATERIAL TO BE FILED AS EXHIBITS.
99(g)(1) Agreement of Joint Filing, dated January 12, 1996, among the
Purchaser, WIG 83 Partners, FMG Acquisition I, L.L.C. and
Insignia Financial Group, Inc.
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SIGNATURES
After due inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.
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Dated: January 12, 1996. WALTON STREET CAPITAL ACQUISITION
CO., L.L.C.
By:/s/ Neil Bluhm
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Neil Bluhm
Manager
By:/s/ Ira Schulman
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Ira Schulman
Manager
By:/s/ William Abrams
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William Abrams
Manager
By:/s/ Jeffrey Quicksilver
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Jeffrey Quicksilver
Manager
WIG 83 PARTNERS
By: Walton Street Capital Acquisition Co., L.L.C.
By:/s/ Ira Schulman
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Ira Schulman
Managing Principal
FMG ACQUISITION I, L.L.C.
By:/s/ Jeffrey Goldberg
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Jeffrey Goldberg
In his capacity as Manager
INSIGNIA FINANCIAL GROUP, INC.
By:/s/ Frank Garrison
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Frank Garrison
Executive Managing Director
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EXHIBIT INDEX
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<CAPTION>
Sequentially
Numbered
Exhibit Description Page
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<S> <C> <C>
99(g)(1) Agreement of Joint Filing, dated January 12, 1996, among the Purchaser, WIG 83 Partners,
FMG Acquisition I, L.L.C. and Insignia Financial Group, Inc. . . . . . . . . . . . . 9
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EXHIBIT 99(g)(1)
AGREEMENT OF JOINT FILING
Walton Street Capital Acquisition Co., L.L.C., WIG 83 Partners, FMG
Acquisition I, L.L.C. and Insignia Financial Group, Inc. hereby agree that the
Statement on Schedule 13D to which this agreement is attached as an exhibit, as
well as all future amendments to such Statement, shall be filed jointly on
behalf of each of them. This agreement is intended to satisfy the requirements
of Rule 13d-1(f)(1)(iii) under the Securities Exchange Act of 1934, as amended.
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<S> <C> <C>
Dated: January 12, 1996. WALTON STREET CAPITAL ACQUISITION
CO., L.L.C.
By:/s/ Ira Schulman
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Ira Schulman
Managing Principal
WIG 83 PARTNERS
By: Walton Street Capital Acquisition Co., L.L.C.
By:/s/ Ira Schulman
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Ira Schulman
Managing Principal
FMG ACQUISITION I, L.L.C.
By:/s/ Jeffrey Goldberg
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Jeffrey Goldberg
In his capacity as Manager
INSIGNIA FINANCIAL GROUP, INC.
By:/s/ Frank Garrison
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Frank Garrison
Executive Managing Director
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