<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13D-1(b) AND (c) AND AMENDMENTS THERETO
FILED PURSUANT TO 13D-2(b)
American Retirement Corporation
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
028913 10 1
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(CUSIP Number)
Page 1 of 7 Pages
<PAGE> 2
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CUSIP No. 028913 10 1 13G Page 2 of 7 Pages
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Robin G. Costa
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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NUMBER OF 5 SOLE VOTING POWER
SHARES 0
----------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 1,438,259
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EACH 7 SOLE DISPOSITIVE POWER
REPORTING 0
----------------------------------------------------------
PERSON 8 SHARED DISPOSITIVE POWER
WITH 1,438,259
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,438,259
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
(a) [ ]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
12.6%
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12 TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE> 3
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13G Page 3 of 7 Pages
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Dan Maddox
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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NUMBER OF 5 SOLE VOTING POWER
SHARES 0
---------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 1,438,259
---------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 0
---------------------------------------------------------
PERSON 8 SHARED DISPOSITIVE POWER
WITH
1,438,259
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,438,259
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
(a) [ ]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
12.6%
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12 TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE> 4
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13G Page 4 of 7 Pages
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
DMAR Limited Partnership (IRS Employer Identification No. 75-2384625)
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
State of Texas
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NUMBER OF 5 SOLE VOTING POWER
SHARES 1,372,037
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BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 0
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EACH 7 SOLE DISPOSITIVE POWER
REPORTING 1,372,037
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PERSON 8 SHARED DISPOSITIVE POWER
WITH 0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,372,037
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
(a) [ ]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
12.0%
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12 TYPE OF REPORTING PERSON*
PN
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*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE> 5
Page 5 of 7 Pages
SCHEDULE 13G
Item 1(a). Name of Issuer: American Retirement Corporation
("ACR")
Item 1(b). Address of Issuer's 111 Westwood Place, Suite 402
Principal Executive Brentwood, Tennessee 37027
Offices:
Item 2(a). Name of Persons Filing: Robin G. Costa ("Costa")
DMAR Limited Partnership ("DMAR")
Dan Maddox ("Maddox")
Item 2(b). Address of Principal 3833 Cleghorn Avenue
Business Office: Suite 400
Nashville, Tennessee 37215 is the
business address for each of
Costa, DMAR, and Maddox.
Item 2(c). Organization/Citizenship: Costa and Maddox are each United
States citizens and DMAR is a
Texas limited partnership.
Item 2(d). Title of Class Common stock
of Securities: ("Common Stock")
Item 2(e). CUSIP Number: 028913 10 1
Item 3. Inapplicable.
Item 4. Ownership.
This Schedule 13G is filed jointly by the reporting persons to reflect
beneficial ownership of Common Stock by Costa, Maddox, and DMAR and certain
overlapping beneficial ownership of such persons.
<PAGE> 6
Page 6 of 7 Pages
<TABLE>
<CAPTION>
Total Shares Shared
of ACR Common Percent Sole Shared Sole Power
Stock Beneficially of Voting Voting Power to to
Person Owned Class(1) Power Power Dispose Dispose
- ------ ------------------ -------- ------- ------- --------- --------
<S> <C> <C> <C> <C> <C> <C>
Costa 1,438,259(2) 12.6% -- 1,438,259 -- 1,438,259
Maddox 1,438,259(3) 12.6% -- 1,438,259 -- 1,438,259
DMAR 1,372,037(4) 12.0% 1,372,037 -- 1,372,037 --
</TABLE>
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(1) Based on 11,420,860 shares of Common Stock outstanding as of December
31, 1997.
(2) Includes 1,372,037 shares beneficially owned by DMAR, an aggregate of
18,000 shares beneficially owned by trusts for the benefit of certain
members of Maddox's family, and 48,222 shares beneficially owned by
Maddox individually. Costa is a Vice President of Margaret Energy, Inc.,
the general partner of DMAR. The partners in DMAR include trusts and
corporations owned by, or for the benefit of, Maddox and his wife. Maddox
and Costa exercise voting and dispositive power over the shares held by the
trusts and the shares held by Maddox individually.
(3) Includes 1,372,037 shares beneficially owned by DMAR, an aggregate of
18,000 shares beneficially owned by trusts for the benefit of certain
members of Maddox's family, and 48,222 shares beneficially owned by Maddox
individually. See Note (2).
(4) The partners in DMAR include corporations and trusts owned by, or for the
benefit of, Maddox and his wife.
Item 5. Ownership of Five Percent or Less of a Class.
Inapplicable.
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Inapplicable.
Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on by the Parent Holding Company.
Inapplicable.
Item 8. Identification and Classification of Members of the Group.
Inapplicable.
Item 9. Notice of Dissolution of Group.
Inapplicable.
Item 10. Certification.
Inapplicable.
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Page 7 of 7 Pages
SIGNATURES
After reasonable inquiry and to the best of the knowledge and belief of
each of the undersigned, each of the undersigned certify that the information
set forth in this statement is true, complete, and correct.
Robin G. Costa
/s/ Robin G. Costa
-------------------------------------
Dan Maddox
/s/ Robin G. Costa
-------------------------------------
By: Robin G. Costa
Co-Executor of Maddox's Estate*
DMAR Limited Partnership
/s/ Robin G. Costa
------------------------------------
By: Margaret Energy, Inc.,
Its General Partner
By: Robin G. Costa,
Its Vice President
*Maddox passed away in January 1998.
