SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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 3, 1999
One Financial Place Limited Partnership
(Exact Name of Registrant as Specified in Its Charter)
Massachusetts
(State or Other Jurisdiction of Incorporation)
0-13441 04-2807084
(Commission File Number) (I.R.S. Employer Identification No.)
One International Place, Boston, Massachusetts 02110
(Address of Principal Executive Offices) (Zip Code)
(617) 330-8600
(Registrant's Telephone Number, Including Area Code)
N/A
(Former Name or Former Address, if Changed Since Last Report)
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Item 2. Acquisition or Disposition of Assets.
On May 3, 1999, the property owned by Financial Place 1994 Limited
Partnership (the "Operating Partnership"), the entity in which the Registrant
held an interest, was foreclosed upon. As previously reported, the loans
encumbering the property were in default and the value of the property was not
sufficient to enable the loans to be refinanced or the property to be sold for
sufficient value. After unsuccessful attempts by the Registrant and its partners
in the Operating Partnership to structure a loan modification with the lenders,
the lenders proceeded with their efforts to foreclose on the property.
As a result of the foreclosure, the Registrant no longer holds any
assets and will be dissolved and liquidated in accordance with the terms of the
partnership agreement.
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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 on this 14th day of May, 1999.
ONE FINANCIAL PLACE LIMITED PARTNERSHIP
By: Winthrop Financial Co., Inc.
General Partner
By: /s/ Michael L. Ashner
Michael L. Ashner
Chief Executive Officer
