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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 earliest event reported) June 4, 1996
Real Estate Income Partners III, Limited Partnership
(Exact Name of Registrant as Specified in its Charter)
Delaware
(State or Other Jurisdiction of Incorporation)
0-16027 13-3341425
(Commission File Number) (I.R.S. Employer Identification No.)
27611 La Paz Road, Laguna Niguel, California 92677
(Address of Principal Executive Offices) (Zip Code)
(714) 643-7700
(Registrant's Telephone Number, Including Area Code)
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REAL ESTATE INCOME PARTNERS III,
LIMITED PARTNERSHIP
ITEM 5. OTHER EVENTS.
On June 4, 1996, Real Estate Income Partners III, Limited Partnership (the
"Partnership") sold Flaircentre, a complex composed of 11 one-story office
buildings located on 3.7 acres of land in El Monte, California, to The
Evangelical Formosan Church, a California corporation. The sale price was
$2,300,000. Net proceeds of the sale to the Partnership, after payment of
commissions and closing costs, were approximately $2,159,000. The General
Partner was not paid a commission or disposition fee as part of this
transaction.
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REAL ESTATE INCOME PARTNERS III,
LIMITED PARTNERSHIP
SIGNATURES
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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.
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REAL ESTATE INCOME PARTNERS III
LIMITED PARTNERSHIP
By: BIRTCHER/LIQUIDITY By: BIRTCHER INVESTORS,
PROPERTIES a California limited partnership
(General Partner)
By: BIRTCHER INVESTMENTS,
a California general partnership,
General Partner of Birtcher Investors
By: BIRTCHER LIMITED,
a California limited partnership,
General Partner of Birtcher Investments
By: BREICORP,
a California corporation,
formerly known as Birtcher
Real Estate Inc., General
Partner of Birtcher Limited
Date: June 7, 1996 By: /s/ Robert M. Anderson
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Robert M. Anderson
Executive Director
BREICORP
By: LF Special Fund I, L.P.,
a California limited partnership
By: Liquidity Fund Asset Management, Inc.,
a California corporation, General
Partner of LF Special Fund I, L.P.
Date: June 7, 1996 By: /s/ Brent R. Donaldson
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Brent R. Donaldson
President
Liquidity Fund Asset Management, Inc.
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