<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Amendment No. 1)*
ENSTAR INCOME PROGRAM 1984-1, L.P.
(Name of Issuer)
Limited Partnership Interests
(Title of Class of Securities)
293978102
(CUSIP Number)
December 31, 1999
(Date of Event which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[ ] Rule 13d-1(b)
[X] Rule 13d-1(c)
[ ] Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
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CUSIP NO. 293978102
-----------
- ------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS.
1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).
Madison/OHI Liquidity Investors, LLC
13-7167955
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
2 (a) [_]
(b) [_]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
Delaware
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF 2,695 Units of Limited Partnership Interests
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
2,695 Units of Limited Partnership Interests
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING 2,695 Units of Limited Partnership Interests
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
2,695 Units of Limited Partnership Interests
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
2,695 Units of Limited Partnership Interests
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
10 (SEE INSTRUCTIONS)
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
9%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
12
OO
- ------------------------------------------------------------------------------
Page 2 of 12 Pages
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CUSIP NO. 293978102
-----------
- ------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS.
1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).
Madison Liquidity Investors 104, LLC
13-4022656
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
2 (a) [_]
(b) [_]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
Delaware
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF 0
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
2,695 Units of Limited Partnership Interests
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING 0
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
2,695 Units of Limited Partnership Interests
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
2,695 Units of Limited Partnership Interests
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
10 (SEE INSTRUCTIONS)
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
9%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
12
OO
- ------------------------------------------------------------------------------
Page 3 of 12 Pages
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CUSIP NO. 293978102
-----------
- ------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS.
1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).
First Equity Realty, LLC
13-3827931
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
2 (a) [_]
(b) [_]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
New York
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF 0
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
2,695 Limited Partnership Interests
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING 0
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
2,695 Limited Partnership Interests
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
2,695 Limited Partnership Interests
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
10 (SEE INSTRUCTIONS)
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
9%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
12
OO
- ------------------------------------------------------------------------------
Page 4 of 12 Pages
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CUSIP NO. 293978102
-----------
- ------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS.
1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).
The Harmony Group II, LLC
13-3959664
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
2 (a) [_]
(b) [_]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
Delaware
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF 0 Limited Partnership Interests
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
2,695 Limited Partnership Interests
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING 0 Limited Partnership Interests
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
2,695 Limited Partnership Interests
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
2,695 Limited Partnership Interests
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
10 (SEE INSTRUCTIONS)
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
9%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
12
OO
- ------------------------------------------------------------------------------
Page 5 of 12 Pages
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CUSIP NO. 293978102
-----------
- ------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS.
1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).
Ronald M. Dickerman
###-##-####
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
2 (a) [_]
(b) [_]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
United States
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF 0
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
2,695 Limited Partnership Interests
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING 0
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
2,695 Limited Partnership Interests
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
2,695 Limited Partnership Interests
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
10 (SEE INSTRUCTIONS)
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
9%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
12
IN
- ------------------------------------------------------------------------------
Page 6 of 12 Pages
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CUSIP NO. 293978102
-----------
- ------------------------------------------------------------------------------
NAMES OF REPORTING PERSONS.
1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).
Bryan E. Gordon
###-##-####
- ------------------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
2 (a) [_]
(b) [_]
- ------------------------------------------------------------------------------
SEC USE ONLY
3
- ------------------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4
United States
- ------------------------------------------------------------------------------
SOLE VOTING POWER
5
NUMBER OF 0
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
2,695 Limited Partnership Interests
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING 0
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
2,695 Limited Partnership Interests
- ------------------------------------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
2,695 Limited Partnership Interests
- ------------------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
10 (SEE INSTRUCTIONS)
[_]
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
9%
- ------------------------------------------------------------------------------
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
12
IN
- ------------------------------------------------------------------------------
Page 7 of 12 Pages
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ITEM 1(A) NAME OF ISSUER:
The name of the Issuer is Enstar Income Program 1984-1, L.P. (the "Issuer").
ITEM 1(B) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
The address of the Issuer's principal executive offices is 10900 Wilshire Blvd.,
15th Floor, Los Angeles, California 90024.
ITEM 2(A) NAME OF PERSONS FILING:
The names of the persons filing this Amendment No. 1 to Schedule 13G are
Madison/OHI Liquidity Investors, LLC, a Delaware limited liability company
("MOHI"), Madison Liquidity Investors 104, LLC ("Madison Liquidity"), First
Equity Realty, LLC, a New York limited liability company ("First Equity"), The
Harmony Group II, LLC, a Delaware limited liability company ("Harmony Group"),
Ronald M. Dickerman and Bryan E. Gordon (collectively, the "Reporting Persons").
In addition, ISA Liquidity Investors which is controlled by Madison Avenue
Investment Partners, LLC, a Delaware limited liability company ("MAIP"),
beneficially owns .79% of the Limited Partnership Interests (the "Units") of the
Issuer.
The controlling members of MOHI and MAIP are The Harmony Group II, LLC, a
Delaware limited liability company of which Bryan E. Gordon is the Managing
Member, and First Equity Realty, LLC, a New York limited liability company of
which Ronald M. Dickerman is the Managing Member. MOHI is the controlling member
of Madison Liquidity.
ITEM 2(B) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
The business address of MOHI, Madison Liquidity, Harmony Group and Mr. Gordon is
P.O. Box 7533, Incline Village, Nevada 89452. The business address for First
Equity and Mr. Dickerman is 555 Fifth Avenue, 9th Floor, New York, New York
10017.
ITEM 2(C) CITIZENSHIP:
See Item 2(A) above. Each of Mr. Dickerman and Mr. Gordon is a citizen of the
United States of America.
Page 8 of 12 Pages
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ITEM 2(D) TITLE OF CLASS OF SECURITIES:
The title of the class of securities to which this Schedule relates is Limited
Partnership Interests.
ITEM 2(E) CUSIP NUMBER: 293978102
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13D-1(B), OR 13D-2(B) OR
(C), CHECK WHETHER THE PERSON FILING IS A:
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<S> <C> <C>
(a) [] Broker or dealer registered under Section 15 of the Act.
(b) [] Bank as defined in Section 3(a)(6) of the Act.
(c) [] Insurance company defined in Section 3(a)(19) of the Act.
(d) [] Investment company registered under Section 8 of the Investment
Company Act.
(e) [] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E).
(f) [] An employee benefit plan or endowment fund in accordance with
Rule 13d-1(b)(1)(ii)(F).
(g) [] A parent holding company or control person in accordance with
Rule 13d-1(b)(1)(ii)(G).
(h) [] A savings association as defined in Section 3(b) of the Federal
Deposit Insurance Act.
(i) [] A church plan that is excluded from the definition of an investment
company under Section 3(c)(14) of the Investment Company Act of 1940;
(j) [] Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
</TABLE>
ITEM 4. OWNERSHIP.
Aggregate number and percentage of the class of securities of the Issuer
identified in Item 1.
(a) Amount Beneficially Owned: The Reporting Persons beneficially own an
aggregate of 2,695 Units.
(b) Percent of Class: The Reporting Persons beneficially own 9% of the issued
and outstanding Units.
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: 2,695 Units
Page 9 of 12 Pages
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(ii) Shared power to vote or to direct the vote: 2,695 Units
(iii) Sole power to dispose or to direct the disposition of: 2,695 Units
(iv) Shared power to dispose or to direct the disposition of:
2,695 Units
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
If this statement is being filed to report the fact that as of the date hereof
the reporting person has ceased to be the beneficial owner of more than five
percent of the class of securities, check the following [ ].
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
See Item 2(A) above.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY.
See Item 2(A) above. In accordance with Rule 13d-1(k), the
Reporting Persons have executed a Joint Filing Agreement annexed hereto as
Exhibit A.
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
Not applicable.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
Not applicable.
ITEM 10. CERTIFICATIONS.
By signing below, the undersigned hereby certify that, to the best of their
respective knowledge and belief, the securities referred to above were not
acquired and are not held for the purpose of or with the effect of changing or
influencing the control of the issuer of the securities and were not acquired
and are not held in connection with or as a participant in any transaction
having that purpose or effect.
Page 10 of 12 Pages
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SIGNATURE
After reasonable inquiry and to the best of their respective knowledge and
belief, each of the undersigned certifies that the information set forth in this
statement is true, complete, and correct.
Dated: February 11, 2000
MADISON/OHI LIQUIDITY INVESTORS, LLC
BY: FIRST EQUITY REALTY, LLC (MEMBER)
By: /s/ Ronald M. Dickerman
----------------------------------------
Ronald M. Dickerman, Managing Director
MADISON LIQUIDITY INVESTORS 104, LLC
BY: MADISON/OHI LIQUIDITY INVESTORS, LLC (MEMBER)
By: /s/ Ronald M. Dickerman
----------------------------------------
Ronald M. Dickerman, Managing Director
FIRST EQUITY REALTY, LLC
By: /s/ Ronald M. Dickerman
----------------------------------------
Ronald M. Dickerman, Managing Director
THE HARMONY GROUP II, LLC
By: /s/ Bryan E. Gordon
----------------------------------------
Bryan E. Gordon, Managing Director
/s/ Ronald M. Dickerman
- ----------------------------------------
Ronald M. Dickerman
/s/ Bryan E. Gordon
- ----------------------------------------
Bryan E. Gordon
Page 11 of 12 Pages
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Exhibit A
JOINT FILING AGREEMENT
The undersigned hereby agree that this Amendment No. 1 to Schedule 13G with
respect to the Limited Partnership Interests of Enstar Income Program 1984-1,
L.P., dated February 11, 2000 is, and any further amendments thereto signed by
each of the undersigned shall be, filed on behalf of each of the undersigned
pursuant to and in accordance with the provisions of Rule 13d-1(k) under the
Securities Exchange Act of 1934, as amended.
Dated as of: February 11, 2000
MADISON/OHI LIQUIDITY INVESTORS, LLC
BY: FIRST EQUITY REALTY, LLC (MEMBER)
By: /s/ Ronald M. Dickerman
----------------------------------------
Ronald M. Dickerman, Managing Director
MADISON LIQUIDITY INVESTORS 104, LLC
BY: MADISON/OHI LIQUIDITY INVESTORS, LLC (MEMBER)
By: /s/ Ronald M. Dickerman
----------------------------------------
Ronald M. Dickerman, Managing Director
FIRST EQUITY REALTY, LLC
By: /s/ Ronald M. Dickerman
----------------------------------------
Ronald M. Dickerman, Managing Director
THE HARMONY GROUP II, LLC
By: /s/ Bryan E. Gordon
----------------------------------------
Bryan E. Gordon, Managing Director
/s/ Ronald M. Dickerman
- ----------------------------------------
Ronald M. Dickerman
/s/ Bryan E. Gordon
- ----------------------------------------
Bryan E. Gordon
Page 12 of 12 Pages
