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) January 22, 1997
HUTTON/CONAM REALTY PENSION INVESTORS
(Exact name of registrant as specified in its charter)
New York 0-13330 11-2673854
State or other jurisdiction Commission IRS Employer
of incorporation File Number Identification No.
3 World Financial Center, 29th Floor
New York, NY Attn: Andre Anderson 10285
Address of principal executive offices Zip Code
Registrant's telephone number, including area code (212) 526-3237
Item 5. Other Events
On January 22, 1997, Hutton/ConAm Realty Pension Investors (the
"Partnership") delivered notice of default to Southridge Partners
I (the "Borrower") with respect to the two mortgage loans (the
"Loans") secured by the Park View Village Apartments and Oaktree
Village Apartments (the "Properties"), respectively. The
Partnership indicated, among other things, that the Loans are in
default due to, without limitation, the failure of the Borrower
to make the payment of minimum interest due on January 1, 1997
and due to its failure to make the required monthly deferred
minimum interest payments during 1996 and the required contingent
interest payments for the first three quarters of 1996
(collectively the "Current Amounts Due") as required by each of
the loan documents. The Partnership has demanded payment of the
Current Amounts Due from the Borrower with respect to each of the
Loans, however, the Partnership has not accelerated payment of
the outstanding balance of the Loans. The Partnership is
currently in negotiations to work out the Loans with the
Borrower.
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 hereunto duly authorized.
HUTTON/CONAM REALTY PENSION INVESTORS
By: RPI REAL ESTATE SERVICES, INC.
General Partner
Date: February 05, 1997 By: /s/ Paul L. Abbott
Director, President,
Chief Executive Officer
and Chief Financial Officer
