<PAGE>
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
------------------------------------
SCHEDULE 14D-1/A
TENDER OFFER STATEMENT PURSUANT TO SECTION 14(d)(1)
OF THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 7)
(FINAL AMENDMENT)
AND
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
------------------------------------
FOX STRATEGIC HOUSING INCOME PARTNERS
(Name of Subject Company)
IPLP ACQUISITION I LLC
INSIGNIA PROPERTIES, L.P.
INSIGNIA PROPERTIES TRUST
INSIGNIA FINANCIAL GROUP, INC.
(Bidders)
UNITS OF LIMITED PARTNERSHIP INTEREST
(Title of Class of Securities)
NONE
(Cusip Number of Class of Securities)
------------------------------------
JEFFREY P. COHEN
SENIOR VICE PRESIDENT
INSIGNIA FINANCIAL GROUP, INC.
375 PARK AVENUE, SUITE 3401
NEW YORK, NEW YORK 10152
(212) 750-6070
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications on Behalf of Bidders)
COPY TO:
JOHN A. HEALY, ESQ.
ROGERS & WELLS
200 PARK AVENUE
NEW YORK, NEW YORK 10166
(212) 878-8000
------------------------------------
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CUSIP No. NONE 14D-1/A AND 13D Page 2
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1. Name of Reporting Persons
S.S. or I.R.S. Identification Nos. of Above Persons
IPLP ACQUISITION I LLC
- -------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (a)[ ]
(b)[X]
- -------------------------------------------------------------------------------
3. SEC Use Only
- -------------------------------------------------------------------------------
4. Sources of Funds
AF
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5. Check if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(e) or 2(f) [ ]
- -------------------------------------------------------------------------------
6. Citizenship or Place of Organization
DELAWARE
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7. Aggregate Amount Beneficially Owned by Each Reporting Person
4,070
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8. Check if the Aggregate Amount in Row 7 Excludes Certain Shares [ ]
- -------------------------------------------------------------------------------
9. Percent of Class Represented by Amount in Row 7
15.6%
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10. Type of Reporting Person
OO
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CUSIP No. NONE 14D-1/A AND 13D Page 3
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===============================================================================
1. Name of Reporting Persons
S.S. or I.R.S. Identification Nos. of Above Persons
INSIGNIA PROPERTIES, L.P.
- -------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (a)[ ]
(b)[X]
- -------------------------------------------------------------------------------
3. SEC Use Only
- -------------------------------------------------------------------------------
4. Sources of Funds
WC
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5. Check if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(e) or 2(f) [ ]
- -------------------------------------------------------------------------------
6. Citizenship or Place of Organization
DELAWARE
- -------------------------------------------------------------------------------
7. Aggregate Amount Beneficially Owned by Each Reporting Person
4,070
- -------------------------------------------------------------------------------
8. Check if the Aggregate Amount in Row 7 Excludes Certain Shares [ ]
- -------------------------------------------------------------------------------
9. Percent of Class Represented by Amount in Row 7
15.6%
- -------------------------------------------------------------------------------
10. Type of Reporting Person
PN
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CUSIP No. NONE 14D-1/A AND 13D Page 4
- --------------- -----------
===============================================================================
1. Name of Reporting Persons
S.S. or I.R.S. Identification Nos. of Above Persons
INSIGNIA PROPERTIES TRUST
- -------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (a)[ ]
(b)[X]
- -------------------------------------------------------------------------------
3. SEC Use Only
- -------------------------------------------------------------------------------
4. Sources of Funds
NOT APPLICABLE
- -------------------------------------------------------------------------------
5. Check if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(e) or 2(f) [ ]
- -------------------------------------------------------------------------------
6. Citizenship or Place of Organization
MARYLAND
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7. Aggregate Amount Beneficially Owned by Each Reporting Person
4,070
- -------------------------------------------------------------------------------
8. Check if the Aggregate Amount in Row 7 Excludes Certain Shares [ ]
- -------------------------------------------------------------------------------
9. Percent of Class Represented by Amount in Row 7
15.6%
- -------------------------------------------------------------------------------
10. Type of Reporting Person
OO
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<PAGE>
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CUSIP No. NONE 14D-1/A AND 13D Page 5
- --------------- -----------
===============================================================================
1. Name of Reporting Persons
S.S. or I.R.S. Identification Nos. of Above Persons
INSIGNIA FINANCIAL GROUP, INC.
- -------------------------------------------------------------------------------
2. Check the Appropriate Box if a Member of a Group (a)[ ]
(b)[X]
- -------------------------------------------------------------------------------
3. SEC Use Only
- -------------------------------------------------------------------------------
4. Sources of Funds
NOT APPLICABLE
- -------------------------------------------------------------------------------
5. Check if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(e) or 2(f) [ ]
- -------------------------------------------------------------------------------
6. Citizenship or Place of Organization
DELAWARE
- -------------------------------------------------------------------------------
7. Aggregate Amount Beneficially Owned by Each Reporting Person
4,070
- -------------------------------------------------------------------------------
8. Check if the Aggregate Amount in Row 7 Excludes Certain Shares [ ]
- -------------------------------------------------------------------------------
9. Percent of Class Represented by Amount in Row 7
15.6%
- -------------------------------------------------------------------------------
10. Type of Reporting Person
CO
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CUSIP No. NONE 14D-1/A AND 13D Page 6
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===============================================================================
1. Name of Reporting Persons
S.S. or I.R.S. Identification Nos. of Above Persons
ANDREW L. FARKAS
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2. Check the Appropriate Box if a Member of a Group (a)[ ]
(b)[X]
- -------------------------------------------------------------------------------
3. SEC Use Only
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4. Sources of Funds
NOT APPLICABLE
- -------------------------------------------------------------------------------
5. Check if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(e) or 2(f) [ ]
- -------------------------------------------------------------------------------
6. Citizenship or Place of Organization
UNITED STATES
- -------------------------------------------------------------------------------
7. Aggregate Amount Beneficially Owned by Each Reporting Person
4,070
- -------------------------------------------------------------------------------
8. Check if the Aggregate Amount in Row 7 Excludes Certain Shares [ ]
- -------------------------------------------------------------------------------
9. Percent of Class Represented by Amount in Row 7
15.6%
- -------------------------------------------------------------------------------
10. Type of Reporting Person
IN
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AMENDMENT NO. 7 TO SCHEDULE 14D-1/SCHEDULE 13D
This Amendment No. 7 constitutes (i) the final Amendment to the Tender
Offer Statement on Schedule 14D-1 of IPLP Acquisition I LLC (the "Purchaser"),
Insignia Properties, L.P. ("IPLP"), Insignia Properties Trust ("IPT"), and
Insignia Financial Group, Inc. ("Insignia"), originally filed with the
Commission on August 28, 1997, as amended by Amendment No. 1 filed with the
Commission on September 10, 1997, Amendment No. 2 filed with the Commission on
September 15, 1997, Amendment No. 3 filed with the Commission on September 26,
1997, Amendment No. 4 filed with the Commission on October 1, 1997, Amendment
No. 5 filed with the Commission on October 3, 1997 and Amendment No. 6 filed
with the Commission on October 7, 1997 (the "Schedule 14D-1"); and (ii) the
initial Statement on Schedule 13D of the Purchaser, IPLP, IPT, Insignia and
Andrew L. Farkas (and together with the Schedule 14D-1, the "Schedules"). The
Schedules relate to the tender offer of the Purchaser to purchase up to 11,750
of the outstanding units of limited partnership interest ("Units") of Fox
Strategic Housing Income Partners, a California limited partnership (the
"Partnership"), at a purchase price of $260 per Unit, net to the seller in
cash, upon the terms and subject to the conditions set forth in the Offer to
Purchase dated August 28, 1997 (the "Offer to Purchase") and the related
Assignment of Partnership Interest (which collectively constitute the "Offer").
Capitalized terms used but not defined herein shall have the meanings ascribed
to them in the Schedule 14D-1 and the Offer to Purchase.
ITEM 6. INTEREST IN SECURITIES OF THE SUBJECT COMPANY.
(a)-(b) At 5:00 p.m., New York time, on Monday, October 6, 1997, the
Offer expired pursuant to its terms. A total of 3,919 Units, representing
approximately 15.0% of the outstanding Units, were validly tendered and not
withdrawn pursuant to the Offer. The Purchaser has accepted for payment, and
the Depositary has mailed checks in payment of, all of those Units at the
purchase price of $260 per Unit.
ITEM 11. MATERIAL TO BE FILED AS EXHIBITS.
(z)(1) Agreement of Joint Filing, dated November 10, 1997, among
the Purchaser, IPLP, IPT, Insignia and Andrew L. Farkas.
7
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SIGNATURE
After due 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.
Dated: November 10, 1997
IPLP ACQUISITION I LLC
By: /s/ JEFFREY P. COHEN
--------------------------------
Jeffrey P. Cohen
Manager
INSIGNIA PROPERTIES, L.P.
By: Insignia Properties Trust,
its General Partner
By: /s/ JEFFREY P. COHEN
--------------------------------
Jeffrey P. Cohen
Senior Vice President
INSIGNIA PROPERTIES TRUST
By: /s/ JEFFREY P. COHEN
--------------------------------
Jeffrey P. Cohen
Senior Vice President
INSIGNIA FINANCIAL GROUP, INC.
By: /s/ FRANK M. GARRISON
--------------------------------
Frank M. Garrison
Executive Managing Director
SOLELY FOR PURPOSES OF, AND INSOFAR
AS THIS FILING CONSTITUTES, THE
STATEMENT ON SCHEDULE 13D
/s/ ANDREW L. FARKAS
-----------------------------------
ANDREW L. FARKAS
8
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EXHIBIT INDEX
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EXHIBIT NO. DESCRIPTION
- ----------- -----------
(z)(1) Agreement of Joint Filing, dated November 10, 1997, among the
Purchaser, IPLP, IPT, Insignia and Andrew L. Farkas.
9
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EXHIBIT (z)(1)
AGREEMENT OF JOINT FILING
IPLP Acquisition I LLC, Insignia Properties, L.P., Insignia Properties
Trust, Insignia Financial Group, Inc. and Andrew L. Farkas hereby agree that
the Statement on Schedule 13D to which this agreement is attached as an exhibit
shall be filed on behalf of each of them. This agreement is intended to satisfy
the requirements of Rule 13d-1(f)(1)(iii) under the Securities Exchange Act of
1934, as amended.
Dated: November 10, 1997
IPLP ACQUISITION I LLC
By: /s/ JEFFREY P. COHEN
--------------------------------
Jeffrey P. Cohen
Manager
INSIGNIA PROPERTIES, L.P.
By: Insignia Properties Trust,
its General Partner
By: /s/ JEFFREY P. COHEN
--------------------------------
Jeffrey P. Cohen
Senior Vice President
INSIGNIA PROPERTIES TRUST
By: /s/ JEFFREY P. COHEN
--------------------------------
Jeffrey P. Cohen
Senior Vice President
INSIGNIA FINANCIAL GROUP, INC.
By: /s/ FRANK M. GARRISON
--------------------------------
Frank M. Garrison
Executive Managing Director
/s/ ANDREW L. FARKAS
-----------------------------------
ANDREW L. FARKAS
