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) May 29, 1998
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McNEIL REAL ESTATE FUND XXI, L.P.
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(Exact name of registrant as specified in its charter)
California 0-13356 33-0030615
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(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File Number) Identification No.)
13760 Noel Road, Suite 600, LB70, Dallas, Texas, 75240
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(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code (972) 448-5800
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ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS
On May 29, 1998, Wise County Plaza, a 147,848 square foot shopping center
located in Wise, Virginia, was foreclosed on by the lender, Ocwen Federal Bank,
FSB. Debt on the foreclosed property totaled approximately $6.1 million.
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McNEIL REAL ESTATE FUND XXI, L.P.
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 thereunto duly authorized:
McNEIL REAL ESTATE FUND XXI, L.P.
June 5, 1998 By: /s/ Carol A. Fahs
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Date Carol A. Fahs
Chief Accounting Officer of McNeil
Real Estate Management, Inc.