================================================================================
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): March 3, 1999
MORGAN STANLEY CAPITAL I INC.
-----------------------------
(Exact name of registrant as
specified in its charter)
DELAWARE 333-62911 13-3291626
---------------------------- ------------- ----------------------
(State or other Jurisdiction (Commission (I.R.S. Employer
Incorporation) File Number) Identification Number)
---------------------
1585 Broadway
New York, New York 10036
(principal executive offices)
(212) 761-4000
================================================================================
<PAGE>
Item 5. OTHER EVENTS
Description of the Certificates
Morgan Stanley Capital I Inc. (the "Depositor") will cause to be filed with
the Securities and Exchange Commission (the "Commission") pursuant to the
Commission's Rule 424 a Prospectus Supplement and the Prospectus filed as part
of Registration Statement, File No. 333-62911, in connection with the
Depositor's issuance of a series of certificates, entitled Commercial Mortgage
Pass-Through Certificates, Series 1999-RM1 (the "Certificates"), to be issued
pursuant to a pooling and servicing agreement among the Depositor, AMRESCO
Services, L.P., as master servicer, Banc One Mortgage Capital Markets, LLC, as
special servicer, LaSalle National Bank, as Trustee and ABN AMRO Bank, N.V., as
fiscal agent.
Computational Materials
Morgan Stanley & Co. Incorporated as Underwriter of certain of the
Certificates (the "Underwriter") has provided certain prospective purchasers of
the Class A1, Class A2, Class B, Class C, Class D, Class E and Class F
Certificates (collectively, the "Offered Certificates") with certain yield
tables and other computational materials, collateral term sheets and structural
term sheets (the "Computational Materials") in written form, which Computational
Materials are in the nature of data tables and term sheet information relating
to the assets of the trust fund in which the Certificates represent beneficial
ownership, the structure of the Certificates and terms of certain classes of
Certificates, and the hypothetical characteristics and hypothetical performance
of certain classes and Certificates based on collateral information provided by
Residential Funding Corporation, Wachovia Bank, National Association and/or
Morgan Stanley Mortgage Capital Inc. and under certain assumptions and
scenarios.
Item 7. FINANCIAL STATEMENTS AND EXHIBITS
(a) Not applicable
(b) Not applicable
(c) Exhibits
EXHIBIT NO. 99 DESCRIPTION
Computational Materials (as defined in Item 5) that have been provided by
the Underwriter to certain prospective purchasers of the Offered Certificates.
1
<PAGE>
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.
Dated: March 3, 1999
MORGAN STANLEY CAPITAL I INC.
By: /s/ Andrew Berman
----------------------
Name: Andrew Berman
Title: Vice President
2
<PAGE>
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.
Dated: March 3, 1999
MORGAN STANLEY CAPITAL I INC.
By: /s/ Andrew Berman
----------------------
Name: Andrew Berman
Title: Vice President
3
<TABLE>
<CAPTION>
CDPROPNAME ADOPSTATE CDPROPERTY RTCURR LTVCURR DSCR BALCURR
<S> <C> <C> <C> <C> <C> <C>
Key West Hilton Resort FL Hospitality 7.255 67.5 1.52 36,790,447.06
Lancaster Commerce Center CA Retail 6.940 78.5 1.27 28,884,160.23
Cupertino Village Shopping Center CA Retail 7.210 74.4 1.29 21,152,666.22
Metro Pike Center MD Retail 7.400 74.2 1.27 15,140,543.58
Hawthorne Woods GA Multifamily 6.900 79.6 1.42 12,927,771.37
Sybase Building CO Office 7.150 76.2 1.20 12,878,712.91
Alexandria Courthouse Marriott Hotel VA Hospitality 8.090 66.9 1.47 12,710,162.20
Heritage House TN Multifamily 6.950 79.6 1.38 11,934,054.26
Spanish Trace East Apartments GA Multifamily 6.930 79.5 1.52 11,448,024.54
Four Allegheny Office Center PA Office 7.550 48.7 1.80 10,470,871.50
</TABLE>