UNITED STATES 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):
October 29, 1997 (October 14, 1997)
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OUTLOOK INCOME FUND 9,
A CALIFORNIA LIMITED PARTNERSHIP
(Exact name of registrant as specified in its charter)
California 0-15837 33-0202964
(State or other (Commission (IRS Employer
jurisdiction of File Number) I.D. Number)
incorporation)
400 South El Camino Real, Suite 1100, San Mateo, California 94402
(Address of principal executive offices)
Registrant's Telephone number, including area code: (415) 343-9300
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Item 2. ACQUISITION OR DISPOSITION OF ASSETS
On October 14, 1997, Outlook Income Fund 9, a California Limited Partnership
("the Partnership"), sold the Country Suites by Carlson - Tempe property, a 139
suite hotel located at 1660 West Elliott Road in Tempe, Arizona, for $6,400,000
to Wall - Norm, LLC. The owners of Wall - Norm, LLC consist of a former director
of Glenborough Corporation, the general partner of the Partnership, and the
president of Glenborough Hotel Group, an affiliate of Glenborough Corporation.
The proceeds from the sale were used to payoff the loan secured by the property
of approximately $4,316,000, including related interest, and other closing
costs. The remaining net proceeds of $2,068,000 were added to the Partnership's
reserves and are expected to be distributed upon dissolution of the Partnership
prior to year end.
Item 7. FINANCIAL STATEMENTS
(a) & (b) FINANCIAL STATEMENTS
As of the date of filing of this Current Report on Form 8-K, it is impracticable
for the Registrant to provide the financial statements required by Item 7 (b)
(1) of Form 8-K. In accordance with Item 7 (a) (4) of Form 8-K, the Registrant
will file such financial statements by incorporation into it's September 30,
1997 Form 10-Q to be filed no later than November 14, 1997.
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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, hereunto duly authorized.
OUTLOOK INCOME FUND 9,
A CALIFORNIA LIMITED PARTNERSHIP
By: Glenborough Corporation,
a California corporation
Its Managing General Partner
Date: October 29, 1997 By: /s/ Terri Garnick
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Terri Garnick
Chief Financial Officer
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