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) April 20, 1998
-----------------------------
McNEIL REAL ESTATE FUND XX, L.P.
- --------------------------------------------------------------------------------
(Exact name of registrant as specified in its charter)
California 0-14007 33-0050225
- --------------------------------------------------------------------------------
(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
- --------------------------------------------------------------------------------
(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code (972) 448-5800
------------------------------
<PAGE>
ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS
On April 20, 1998, the Partnership received $3,615,354 in satisfaction of their
first and second lien mortgage loan investments - affiliate secured by Fort
Meigs Plaza. The shopping center, located in Perrysburg, Ohio, was sold to Mr.
Harvey A. Tolson, an unaffiliated buyer, for a cash purchase price of $3.8
million.
On May 1, 1998, the Partnership received $2.4 million as payment in full for
both principal and interest receivable on the mortgage loan investment secured
by Idlewood Nursing Home. Since the Partnership owns an 83% participation
interest in the note, $408,000 of the $2.4 million settlement is payable to the
owner of the remaining 17% of the note.
<PAGE>
McNEIL REAL ESTATE FUND XX, 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 XX, L.P.
May 5, 1998 By: /s/ Carol A. Fahs
- ----------------- ------------------------
Date Carol A. Fahs
Chief Accounting Officer of McNeil
Real Estate Management, Inc.