<PAGE>
----------------------
OMB APPROVAL
UNITED STATES ----------------------
SECURITIES AND EXCHANGE COMMISSION OMB Number: 3235-0058
Washington, D.C. 20549 Expires: June 30, 1991
----------------------
----------------------
FORM 12b-25 SEC FILE NUMBER
0-11723
NOTIFICATION OF LATE FILING ----------------------
CUSIP NUMBER
----------------------
(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
-------------------------------------
[ ] 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:
-------------------------
- - --------------------------------------------------------------------------------
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.
- - --------------------------------------------------------------------------------
If the notification relates to a portion of the filing checked above, identify
the Item(s) to which the notification relates:
- - --------------------------------------------------------------------------------
PART I -- REGISTRANT INFORMATION
CONSOLIDATED CAPITAL INSTITUTIONAL PROPERTIES/2
- - --------------------------------------------------------------------------------
Full Name of Registrant
- - --------------------------------------------------------------------------------
Former Name if Applicable
5520 LBJ FREEWAY, SUITE 430
- - --------------------------------------------------------------------------------
Address of Principal Executive Office (Street and Number)
DALLAS, TEXAS 75240
- - --------------------------------------------------------------------------------
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
[X] filed on or before the fifteenth calendar day following the pre-
scribed 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 PART-
NERSHIPS 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.
<PAGE>
PART IV -- OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
PATRICIA L. CAMPBELL 214 702-3200
-------------------------------- ------------- ----------------------
(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
---------------------------------------------------------------------------
(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.
- - --------------------------------------------------------------------------------
CONSOLIDATED CAPITAL INSTITUTIONAL PROPERTIES/2
---------------------------------------------------------------
(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
---------------------------------- -----------------------------------
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 notification 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.
<PAGE>
CONSOLIDATED CAPITAL INSTITUTIONAL PROPERTIES/2
-----------------------------------------------
FORM 12B-25
-----------
PART IV - OTHER INFORMATION
---------------------------
ITEM 3.
- - -------
<TABLE>
<CAPTION>
FOR THE THREE MONTHS FOR THE NINE MONTHS
ENDED SEPTEMBER 30, ENDED SEPTEMBER 30,
-------------------- -------------------
1994 1993 1994 1993
-------- -------- -------- --------
(in thousands) (in thousands)
<S> <C> <C> <C> <C>
Income on investment in Master Loan $ 91 $ 347 $ 915 $ 1,626
Rental and other revenues.......... 633 552 1,862 1,611
-------- -------- -------- --------
Total revenues..................... 724 899 2,777 3,237
Total costs and expenses........... 894 818 2,502 2,496
-------- -------- -------- --------
Net (loss) income.................. $ (170)* $ 81 $ 275 * $ 741
======== ======== ======== ========
</TABLE>
* As currently estimated.
Significant Changes in Results of Operations
- - --------------------------------------------
For the three and nine months ended September 30, 1994, the Partnership had a
net loss of $170,000, and net income of $275,000, respectively, compared with
net income of $81,000 and $741,000 for the same periods of 1993. The $466,000
decrease in net income for the nine-month period is primarily due to decreased
income from the Partnership's Master Loan investment resulting from increased
capital expenditures at CCEP/2's properties and leasing commissions paid by the
CCEP/2 office buildings on new and renewed tenant leases.
