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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 of earliest event reported): October 11, 1995
AMERICAN HEALTH PROPERTIES, INC.
(Exact name of registrant as specified in its charter)
DELAWARE 1-9381 95-4084878
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
6400 SOUTH FIDDLER'S GREEN CIRCLE, SUITE 1800
ENGLEWOOD, COLORADO 80111
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (303) 796-9793
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Item 5. Other Events.
Core Group Developments
The Company has received $29.24 million as proceeds from the sale of
its interest in a mortgage loan on the Austin Diagnostic Hospital located in
Austin, Texas. On October 11, 1995, the operator of the facility, a subsidiary
of Columbia/HCA Healthcare Corporation, exercised its option to purchase the
loan from its holders for 110% of the outstanding principal balance of the
loan. The amounts received by the Company included $26.5 million in principal
and a $2.65 million prepayment premium. The Company intends to use the funds
received from the sale of the loan to reduce outstanding borrowings under the
Company's revolving credit facility.
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.
Date: October 11, 1995 AMERICAN HEALTH PROPERTIES, INC.
(Registrant)
By: /s/ Michael J. McGee
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Michael J. McGee
Treasurer
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