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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
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CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 25, 1998
Commission file number 0-17684
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ML/EQ Real Estate Portfolio, L.P.
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(Exact name of registrant as specified in its governing instrument)
Delaware 58-1739523
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(State of Organization) (I.R.S. Employer Identification No.)
3424 Peachtree Road N.E., Suite 800, Atlanta, Georgia 30326
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(Address of principal executive office) (Zip Code)
(Registrant's telephone number, including area code) (404) 239-5002
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Item 5. Other Events
On December 31, 1997, EML Associates (the "Venture"), in which ML/EQ Real Estate
Portfolio, L.P. (the "Partnership") holds an 80% interest, completed the sale of
the Chicago Industrial properties at a cash price of $7,860,000. The sale
generated $7,649,000 in net sales proceeds and $1,433,456 in taxable income to
the Partnership. The Partnership declared a distribution of $2.75 per unit,
representing a return of capital from the net proceeds from the sale of the
Chicago Industrial properties and $7,267,618.75 of proceeds derived from the
remaining portion of the November 1993 pay-off of the Mortgage Loan to the
Second Merritt Seven Joint Venture and various lease termination payments. The
distribution is payable on February 27, 1998 to holders of record as of December
31, 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 filed on behalf of the
undersigned hereunto duly authorized.
ML/EQ Real Estate Portfolio, L.P.
By: EREIM Managers Corp.
Managing General Partner
By: Patricia C. Snedeker
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Patricia C. Snedeker
Vice President, Controller and Treasurer
(Principle Accounting Officer)
Dated: February 25, 1998
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