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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): June 28, 2000
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Oxford Residential Properties I Limited Partnership
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(Exact name of registrant as specified in its charter)
Maryland 0-14533 52-1322906
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(State or other (Commission (I.R.S. Employer
jurisdiction of File Number) Identification No.)
incorporation)
7200 Wisconsin Avenue, Suite 1100, Bethesda, Maryland 20814
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(Address of principal executive offices)
(301) 654-3100
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Registrant's telephone number, including area code
N/A
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(Former name or former address, if changed since last report)
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OXFORD RESIDENTIAL PROPERTIES I LIMITED PARTNERSHIP
FORM 8-K
CURRENT REPORT
Item 1(b). Changes in control of registrant.
Oxford Residential Properties I Limited Partnership (the
"Company" or "ORP"), announced on June 29, 2000 that
Apartment Investment and Management Company ("AIMCO") (NYSE:
AIV) has agreed to acquire all of the stock of Oxford
Holding Corporation ("OHC") that it does not already own, as
well as other interests in various Oxford entities. OHC is
the parent company of ORP's Managing General Partner, Oxford
Residential Properties I Corporation. Merrill Lynch & Co.
served as financial advisor to ORFG and its affiliates with
respect to this transaction. Although closing of the
transaction is expected to occur later this year, no
assurances can be given that all conditions to closing will
be satisfied.
Item 7. Exhibits
Exhibit 1 Press Release dated June 29, 2000.
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OXFORD RESIDENTIAL PROPERTIES I LIMITED PARTNERSHIP
FORM 8-K
CURRENT REPORT
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.
Oxford Residential Properties I Limited Partnership
By: Oxford Residential Properties I
Corporation,
Managing General Partner of the
registrant
Date: July 13, 2000 By: /s/ Marc B. Abrams
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Marc B. Abrams,
Senior Vice President
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For Immediate Release
June 29, 2000
News Release
OXFORD RESIDENTIAL PROPERTIES I ANNOUNCES OXFORD TRANSACTION
June 29, 2000 EDT
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BETHESDA, MARYLAND- June 29, 2000 - Oxford Residential
Properties I Limited Partnership ("ORP"), announced that
Apartment Investment and Management Company ("AIMCO") (NYSE: AIV)
has agreed to acquire all of the stock of Oxford Holding
Corporation ("OHC") that it does not already own, as well as
other interests in various Oxford entities. OHC is the parent
company of ORP's Managing General Partner, Oxford Residential
Properties I Corporation (the "Managing General Partner").
Merrill Lynch & Co. served as financial advisor to OHC and its
affiliates with respect to this transaction. Although closing of
the transaction is expected to occur later this year, no
assurances can be given that all conditions to closing will be
satisfied.
AIMCO, a publicly-traded real estate investment trust
headquartered in Denver, Colorado, is one of the largest owners
and managers of apartment communities in the nation, with a
geographically diversified portfolio of approximately 365,000
apartments. An AIMCO affiliate currently serves as the property
manager for the four properties in ORP's portfolio.
Upon completion of this transaction, AIMCO will own the
Managing General Partner of ORP, as well as controlling interests
in each of the four entities that own properties in Indiana,
Michigan, Minnesota and Florida. The Managing General Partner
has been informed by AIMCO that it has no current definitive
plans with respect to ORP or its assets.
Questions should be directed to Steve Cummings at (301) 961-
3554. For more information about AIMCO, visit AIMCO's website at
www.AIMCO.com.
This press release contains statements that are forward-
looking in nature and reflect management's current views with
respect to future events and financial performance. These
statements are subject to many uncertainties and risks and should
not be considered guarantees of financial performance.
