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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
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Under the Securities Exchange Act of 1934
(Amendment No. )*
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EQK REALTY INVESTORS I
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(Name of Issuer)
COMMON STOCK
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(Title of Class of Securities)
268820107
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(CUSIP Number)
July 30, 1998
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(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 the disclosures provided in a prior cover page.
The information required in 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. 268820107
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1. Names of Reporting Persons: Summit Venture, L.P.
I.R.S. Identification Nos. of above persons:
86-0774064
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2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a)
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(b)
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3. SEC Use Only
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4. Citizenship or Place of Organization:
Arizona
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5. Sole Voting Power:
625,000
Number of -------------------------------------------------
Shares 6. Shared Voting Power:
Beneficially
Owned -0-
by Each -------------------------------------------------
Reporting Person 7. Sole Dispositive Power:
With:
-0-
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8. Shared Dispositive Power:
-0-
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9. Aggregate Amount Beneficially Owned by Each Reporting Person:
625,000
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10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions):
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11. Percent of Class Represented by Amount in Row (9):
6.49%
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12. Type of Reporting Person (See Instructions):
PN
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Item 1.
(a) Name of Issuer: EQK Realty Investors I
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(b) Address of Issuer's Principal Executive Offices: 5775
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Peachtree Dunwoody Road, Atlanta, GA 30342
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Item 2.
(a) Name of Person Filing: Summit Venture, L.P.
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(b) Address of Principal Business Office or, if none,
Residence: 1717 Morten Ave., Suite 220,
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Phoenix, Arizona 85020
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(c) Citizenship: Arizona
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(d) Title of Class of Securities: Common Stock
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(e) CUSIP Number: 268820107
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Item 3. Not applicable.
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Item 4. Ownership
(a) Amount beneficially owned: 625,000 shares
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(b) Percent of class: 6.49%
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(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote: 625,000 shares
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(ii) Shared power to vote or to direct the vote: -0-
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(iii) Sole power to dispose or to direct the disposition of: -0-
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(iv) Shared power to dispose or to direct the disposition of: -0-
-------
Item 5. Ownership of Five Percent or Less of a Class:
Not applicable.
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Item 6. Ownership of More than Five Percent on Behalf of Another Person:
Not applicable.
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Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on By the Parent Holding Company:
Not applicable.
Item 8. Identification and Classification of Members of the Group:
Not applicable.
Item 9. Notice of Dissolution of Group:
Not applicable.
Item 10. Certification:
By signing below I certify that, to the best of my 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.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief,
I certify that the information set forth in this statement is true, complete
and correct.
August 12, 1998
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Date
/s/ BARRY ZEMEL
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Signature
Barry Zemel, General Partner
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Name/Title
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