CONSOLIDATED CAPITAL INSTITUTIONAL PROPERTIES 2
SC 14D1/A, 2000-01-13
REAL ESTATE INVESTMENT TRUSTS
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<PAGE>   1


                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                          ----------------------------

                      AMENDMENT NO. 3 (FINAL AMENDMENT) TO
                                 SCHEDULE 14D-1
               TENDER OFFER STATEMENT PURSUANT TO SECTION 14(d)(1)
                     OF THE SECURITIES EXCHANGE ACT OF 1934
                                       AND
                                  SCHEDULE 13D
                    UNDER THE SECURITIES EXCHANGE ACT OF 1934
                               (AMENDMENT NO. 18)

                              CONSOLIDATED CAPITAL
                           INSTITUTIONAL PROPERTIES/2

                            (Name of Subject Company)

                             AIMCO PROPERTIES, L.P.
                                    (Bidder)

                      UNITS OF LIMITED PARTNERSHIP INTEREST
                         (Title of Class of Securities)

                                      NONE
                      (CUSIP Number of Class of Securities)

                                 PATRICK J. FOYE
                   APARTMENT INVESTMENT AND MANAGEMENT COMPANY
                           COLORADO CENTER, TOWER TWO,
                  2000 SOUTH COLORADO BOULEVARD, SUITE 2-1000,
                             DENVER, COLORADO 80222

            (Name, Address and Telephone Number of Person Authorized
           to Receive Notices and Communications on Behalf of Bidder)

                                    COPY TO:

                              JONATHAN L. FRIEDMAN
                    SKADDEN, ARPS, SLATE, MEAGHER & FLOM LLP
                           300 SOUTH GRAND, 34TH FLOOR
                          LOS ANGELES, CALIFORNIA 90071
                                 (213) 687-5000

                          ----------------------------



<PAGE>   2


                            CALCULATION OF FILING FEE

- --------------------------------------------------------------------------------
Transaction Valuation* $18,722,895.54            Amount of Filing Fee: $3,744.58
- --------------------------------------------------------------------------------

*    For purposes of calculating the fee only. This amount assumes the purchase
     of 588,770.3 units of limited partnership interest of the subject
     partnership for $31.80 per unit. The amount of the filing fee, calculated
     in accordance with Section 14(g)(1)(B)(3) and Rule 0-11(d) under the
     Securities Exchange Act of 1934, as amended, equals 1/50th of one percent
     of the aggregate of the cash offered by the bidder.

[ ]  Check box if any part of the fee is offset as provided by Rule 0-11(a)(2)
     and identify the filing with which the offsetting fee was previously paid.
     Identify the previous filing by registration statement number or the form
     or schedule and the date of its filing.

Amount Previously Paid:   $3,712.79       Filing Parties: AIMCO Properties, L.P.


Form or Registration No.: Schedule 14D-1  Date Filed:     November 24, 1999

                         (Continued on following pages)



                                   Page 1 of 6

<PAGE>   3


CUSIP No. NONE

1.       NAME OF REPORTING PERSONS
         S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only)

                  AIMCO PROPERTIES, L.P.
                  84-1275721

2.       CHECK THE APPROPRIATE BOX IF A MEMBER OF GROUP
                                                                         (a) [ ]
                                                                         (b) [X]

3.       SEC USE ONLY

4.       SOURCE OF FUNDS

                  WC, BK

5.       (CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
         PURSUANT TO ITEMS 2(d) OR 2(e))                                     [ ]

6.       CITIZENSHIP OR PLACE OF ORGANIZATION

                  Delaware

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON

         7.       SOLE VOTING POWER

                           --

         8.       SHARED VOTING POWER

                           280,533.60

         9.       SOLE DISPOSITIVE POWER

                           --

         10.      SHARED VOTING POWER

                           280,533.60

11.      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

                           280,533.60

12.      CHECK IF THE AGGREGATE AMOUNT IN ROW (7) EXCLUDES CERTAIN SHARES    [ ]

13.      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (7)

                  Approximately 30.54%

14.      TYPE OF REPORTING PERSON

                  PN

                                   Page 2 of 6

<PAGE>   4


CUSIP No. NONE

1.       NAME OF REPORTING PERSONS
         S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only)

                  AIMCO-GP, INC.

2.       CHECK THE APPROPRIATE BOX IF A MEMBER OF GROUP
                                                                         (a) [ ]
                                                                         (b) [X]

3.       SEC USE ONLY

4.       SOURCE OF FUNDS

                  Not Applicable

5.       (CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
         PURSUANT TO ITEMS 2(d) OR 2(e))                                     [ ]

6.       CITIZENSHIP OR PLACE OF ORGANIZATION

                  Delaware

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON

         7.       SOLE VOTING POWER

                           --

         8.       SHARED VOTING POWER

                           280,533.60

         9.       SOLE DISPOSITIVE POWER

                           --

         10.      SHARED VOTING POWER

                           280,533.60

11.      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

                           280,533.60

12.      CHECK IF THE AGGREGATE AMOUNT IN ROW (7) EXCLUDES CERTAIN SHARES    [ ]

13.      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (7)

                    Approximately 30.54%

14.      TYPE OF REPORTING PERSON

                    CO

                                   Page 3 of 6

<PAGE>   5


CUSIP No. NONE

1.       NAME OF REPORTING PERSONS
         S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only)

                  APARTMENT INVESTMENT AND MANAGEMENT COMPANY
                  84-129577

2.       CHECK THE APPROPRIATE BOX IF A MEMBER OF GROUP
                                                                         (a) [ ]
                                                                         (b) [X]

3.       SEC USE ONLY

4.       SOURCE OF FUNDS

                  Not Applicable

5.       (CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
         PURSUANT TO ITEMS 2(d) OR 2(e))                                     [ ]

6.       CITIZENSHIP OR PLACE OF ORGANIZATION

                  Maryland

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON

         7.       SOLE VOTING POWER

                           --

         8.       SHARED VOTING POWER

                           365,292.90

         9.       SOLE DISPOSITIVE POWER

                           --

         10.      SHARED VOTING POWER

                           365,292.90

11.      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

                           365,292.90

12.      CHECK IF THE AGGREGATE AMOUNT IN ROW (7) EXCLUDES CERTAIN SHARES    [ ]

13.      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (7)

                  Approximately 39.78%

14.      TYPE OF REPORTING PERSON

                  CO

                                   Page 4 of 6

<PAGE>   6


       AMENDMENT NO. 3 TO SCHEDULE 14D-1/AMENDMENT NO. 18 TO SCHEDULE 13D


         This Statement (the "Statement") constitutes (a) Amendment No. 3 to the
initial Schedule 14D-1 of AIMCO Properties, L.P. (the "AIMCO OP"), relating to
AIMCO OP's Litigation Settlement Offer to purchase units of limited partnership
interest ("Units") of Consolidated Capital Institutional Properties/2 (the
"Partnership"); and (b) Amendment No. 18 to the Schedule 13D") originally filed
with the Securities and Exchange Commission (the "Commission") on March 5, 1998,
by Reedy River Properties, L.L.C. ("Reedy River"), Insignia Properties, L.P.
("IPLP"), Insignia Properties Trust ("IPT"), Insignia Financial, Inc.
("Insignia") and Andrew L. Farkas, as amended by (i) Amendment No. 1, filed with
the Commission on July 30, 1998, by Cooper River Properties, L.L.C. ("Cooper
River"), IPLP, IPT, Insignia and Andrew L. Farkas, (ii) Amendment No. 2, filed
with the Commission on August 8, 1998, by Cooper River, IPLP, IPT, Insignia and
Andrew L. Farkas, (iii) Amendment No. 3, filed with the Commission on August 27,
1998, by Cooper River, IPLP, IPT, Insignia and Andrew L. Farkas, (iv) Amendment
No. 4, filed with the Commission on September 2, 1998, by Cooper River, IPLP,
IPT, Insignia, and Andrew L. Farkas, (v) Amendment No. 5, filed with the
Commission on September 9, 1998, by Cooper River, IPLP, IPT, Insignia, and
Andrew L. Farkas, (vi) Amendment No. 6, filed with the Commission on September
9, 1998, by Cooper River, IPLP, IPT, Insignia, and Andrew L. Farkas, (vii)
Amendment No. 7, filed with the Commission on October 26, 1998 by Reedy River,
AIMCO OP, AIMCO-GP, Inc. ("AIMCO-GP"), and Apartment Investment and Management
Company ("AIMCO"), (viii) Amendment No. 8, filed with the Commission on January
29, 1999, by Cooper River, IPLP, IPT, Reedy River, AIMCO OP, AIMCO-GP, and
AIMCO, (ix) Amendment No. 9, filed with the Commission on May 14, 1999, by
Cooper River, Reedy River, AIMCO/IPT, Inc. ("AIMCO/IPT"), IPLP, AIMCO OP,
AIMCO-GP, and AIMCO, (x) Amendment No. 10, filed with the Commission on June 10,
1999, by Cooper River, Reedy River, AIMCO/IPT, IPLP, AIMCO OP, AIMCO-GP, and
AIMCO, (xi) Amendment No. 11, filed with the Commission on July 1, 1999, by
Cooper River, Reedy River, AIMCO/IPT, IPLP, AIMCO OP, AIMCO-GP, and AIMCO, (xii)
Amendment No. 12, filed with the Commission on July 14, 1999, by Cooper River,
Reedy River, AIMCO/IPT, IPLP, AIMCO OP, AIMCO- GP, and AIMCO, (xiii) Amendment
No. 13, filed with the Commission on July 23, 1999, by Cooper River, Reedy
River, AIMCO/IPT, IPLP, AIMCO OP, AIMCO-GP, and AIMCO, (xiv) Amendment No. 14,
filed with the Commission August 31, 1999, by Cooper River, Reedy River,
AIMCO/IPT, IPLP, AIMCO OP, AIMCO-GP, and AIMCO, (xv) Amendment No. 15, filed
with the Commission on November 17, 1999, by Cooper River, Reedy River,
AIMCO/IPT, IPLP, AIMCO OP, AIMCO-GP and AIMCO, (xvi) Amendment No. 16, filed
with the Commission on November 24, 1999, by Cooper River, Reedy River,
AIMCO/IPT, IPLP, AIMCO OP, AIMCO-GP and AIMCO, and (xvii) Amendment No. 17,
dated December 16, 1999, by Cooper River, Reedy River, AIMCO/IPT, IPLP, AIMCO
OP, AIMCO-GP and AIMCO. Cooper River, Reedy River, AIMCO/IPT, IPLP, AIMCO OP,
AIMCO-GP and AIMCO are herein referred to as "Reporting Persons." The item
numbers and responses thereto are set forth below in accordance with the
requirements of Schedule 14D-1.

ITEM 6. INTEREST IN SECURITIES OF THE SUBJECT COMPANY.

     At midnight, New York time, on Thursday, December 30, 1999, the offer
expired pursuant to its terms. A total of 44,929.20 Units, representing
approximately 4.89% of the outstanding Units, were validly tendered and not
withdrawn pursuant to the offer. AIMCO OP has accepted for payment all of those
Units at $31.80 per Unit.

                                   Page 5 of 6

<PAGE>   7


                                    SIGNATURE

         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.

Dated: January 10, 2000
                                       COOPER RIVER PROPERTIES, L.L.C.

                                       By: /s/ Patrick J. Foye
                                           -------------------------------------
                                           Executive Vice President

                                       REEDY RIVER PROPERTIES, L.L.C.

                                       By: /s/ Patrick J. Foye
                                           -------------------------------------
                                           Executive Vice President

                                       AIMCO/IPT, INC.

                                       By: /s/ Patrick J. Foye
                                           -------------------------------------
                                           Executive Vice President

                                       INSIGNIA PROPERTIES, L.P.

                                       By: AIMCO/IPT, INC.
                                           (General Partner)

                                       By: /s/ Patrick J. Foye
                                           -------------------------------------
                                           Executive Vice President

                                       AIMCO PROPERTIES, L.P.

                                       By: AIMCO-GP, INC.
                                           (General Partner)

                                       By: /s/ Patrick J. Foye
                                           -------------------------------------
                                           Executive Vice President

                                       AIMCO-GP, INC.

                                       By: /s/ Patrick J. Foye
                                           -------------------------------------
                                           Executive Vice President

                                       APARTMENT INVESTMENT
                                       AND MANAGEMENT COMPANY

                                       By: /s/ Patrick J. Foye
                                           -------------------------------------
                                           Executive Vice President

                                  Page 6 of 6


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