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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D(1)
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 6)*
ARVIDA/JMB PARTNERS, L.P.
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(Name of Issuer)
Limited Partnership Interests and Assignee Interests Therein
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(Title of Class of Securities)
None
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(CUSIP Number)
Michael L. Ashner
Raleigh Capital Associates L.P.
100 Jericho Quadrangle, Suite 214
Jericho, New York 11735-2717
(516) 822-0022
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(Name, Address and Telephone Number of Person Authorized to Receive Notices and
Communications)
October 17, 1996
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(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to
report the acquisition which is the subject of this Schedule 13D, and is
filing this schedule because of Rule 13d-1 (b)(3) or (4), check the following
box [ ].
Check the following box if a fee is being paid with the statement [ ].
(A fee is not required only if the reporting person: (1) has a previous
statement on file reporting beneficial ownership of more than five percent
of the class of securities described in Item 1; and (2) has filed no
amendment subsequent thereto reporting beneficial ownership of five percent
or less of such class.) (See Rule 13d-7.)
Note: Six copies of this statement, including all exhibits, should be
filed with the Commission. See Rule 13d-1(a) for other parties to whom
copies are to be sent.
(Continued on following pages)
(Page 1 of 8 Pages)
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* The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities,
and for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section
of the Act but shall be subject to all other provisions of the Act (however,
see the Notes).
(1)This Amendment No. 6 amends certain information contained in the final
amendment to Schedule 14D-1 filed by Raleigh Capital Associates L.P., Raleigh
GP Corp., Rockland Partners, Inc. and Zephyr Partners on August 6, 1996,
which constituted the initial filing on Schedule 13D by such entities under
Section 13(d) of the Act, and Amendment Nos. 1, 2, 3, 4 and 5 to Schedule
13D filed by such entities.
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SCHEDULE 13D
CUSIP NO. N/A Page 2 of 8 Pages
-----------------
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Raleigh Capital Associates L.P.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x]
(b) [ ]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
AF; WC
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
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6 CITIZENSHIP OR PLACE OR ORGANIZATION
Delaware
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NUMBER OF 7 SOLE VOTING POWER
SHARES
0
----------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
80,342 Units
----------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
0
----------------------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH
80,342 Units
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
80,342 Units
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
19.9%
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14 TYPE OF REPORTING PERSON*
PN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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SCHEDULE 13D
CUSIP NO. N/A Page 3 of 8 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Raleigh GP Corp.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x]
(b) [ ]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
N/A
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
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6 CITIZENSHIP OR PLACE OR ORGANIZATION
Delaware
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NUMBER OF 7 SOLE VOTING POWER
SHARES
0
-----------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
80,342 Units**
-----------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
0
-----------------------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH
80,342 Units**
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
80,342 Units **
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
19.9%
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14 TYPE OF REPORTING PERSON*
CO
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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** Reflects beneficial ownership by Raleigh Capital Associates L.P.
(of which Raleigh GP Corp. is a general partner).
<PAGE> 4
SCHEDULE 13D
CUSIP NO. N/A Page 4 of 8 Pages
---------
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Rockland Partners, Inc.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x]
(b) [ ]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
N/A
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(e)
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6 CITIZENSHIP OR PLACE OR ORGANIZATION
Delaware
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NUMBER OF 7 SOLE VOTING POWER
SHARES
0
-----------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
80,347 Units**
-----------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
0
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PERSON 10 SHARED DISPOSITIVE POWER
WITH
80,347 Units**
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
80,347 Units **
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
19.9%
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14 TYPE OF REPORTING PERSON*
CO
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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** Reflects beneficial ownership of 5 Units by Rockland Partners, L.P.
(of which Rockland Partners, Inc. is the general partner) and 80,342
Units beneficially owned by Raleigh Capital Associates L.P. (of which
Rockland Partners, Inc. is a general partner).
<PAGE> 5
SCHEDULE 13D
CUSIP NO. N/A Page 5 of 8 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Zephyr Partners
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x]
(b) [ ]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
N/A
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e)
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6 CITIZENSHIP OR PLACE OR ORGANIZATION
New York
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NUMBER OF 7 SOLE VOTING POWER
SHARES
0
----------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
80,342 Units**
----------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
0
----------------------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH
80,342 Units**
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
80,342 Units **
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
19.9%
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14 TYPE OF REPORTING PERSON*
PN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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** Reflects beneficial ownership by Raleigh Capital Associates L.P.
(of which Zephyr Partners is a general partner).
<PAGE> 6
This Amendment No. 6 amends certain information contained in the final
amendment to Schedule 14D-1 (the "Final Amendment") filed by Raleigh Capital
Associates L.P. ("Raleigh Capital"), Raleigh GP Corp., Rockland Partners, Inc.
and Zephyr Partners on August 6, 1996, which constituted the initial filing on
Schedule 13D under Section 13(d) of the Act, and Amendment Nos. 1, 2, 3, 4 and
5 to Schedule 13D filed by such entities ("Amendment Nos. 1, 2, 3, 4 and 5").
Capitalized terms used but not defined herein have the meanings ascribed to
them in the Final Amendment and Amendment Nos. 1, 2, 3, 4 and 5.
ITEM 4. PURPOSE OF TRANSACTION.
Item 4 is hereby supplemented and amended as follows:
On October 17, 1996, Raleigh Capital filed preliminary proxy
solicitation materials with the Securities and Exchange Commission (the
"Commission"), a copy of which is attached hereto as Exhibit 10 and
incorporated by reference herein, in connection with the Consent Solicitation.
On such date, Raleigh Capital also commenced a tender offer to purchase up to
100,000 Units at $500 per Unit, pursuant to an Offer to Purchase and related
Letter of Transmittal, a copy of which is attached hereto as Exhibit 11 and
incorporated by reference herein.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER.
Item 6 is hereby supplemented and amended as follows:
On October 1, 1996, Raleigh Capital sent a letter to the General
Partner requesting a list of Unitholders. Thereafter, on October 11, 1996,
Raleigh Capital commenced an action in the Delaware Chancery Court, New Castle
County seeking to compel the Partnership and the General Partner to provide
Raleigh Capital with a list of Unitholders.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
Item 7 is hereby supplemented and amended by adding the following,
copies of which are attached hereto as exhibits:
(10) Preliminary proxy solicitation materials dated October 17,
1996.
(11) Offer to Purchase dated October 17, 1996 and related Letter of
Transmittal.
<PAGE> 7
Signatures
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: October 17, 1996 RALEIGH CAPITAL ASSOCIATES L.P.
By: Raleigh GP Corp., General Partner
By: /s/ Peter Braverman
-------------------------------
Name: Peter Braverman
Title: Vice President
By: ROCKLAND PARTNERS, INC.,
General Partner
By: /s/ Jonathan H. Paul
-------------------------------
Name: Jonathan H. Paul
Title: Vice President
By: ZEPHYR PARTNERS
By: GP Aeolus Inc., General Partner
By: /s/ Edward Mattner
-------------------------------
Name: Edward Mattner
Title: Vice President
By: AREHGP INC., General Partner
By: /s/ John Saldarelli
-------------------------------
Name: John Saldarelli
Title: President
RALEIGH GP CORP.
By: /s/ Peter Braverman
-------------------------------
Name: Peter Braverman
Title: Vice President
[Amendment No. 6 to Schedule 13D]
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Signatures
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: October 17, 1996 ROCKLAND PARTNERS, INC.
By: /s/ Jonathan H. Paul
-----------------------------
Name: Jonathan H. Paul
Title: Vice President
ZEPHYR PARTNERS
By: GP Aeolus Inc., General Partner
By: /s/ Edward Mattner
-----------------------------
Name: Edward Mattner
Title: Vice President
By: AREHGP INC., General Partner
By: /s/ John Saldarelli
-----------------------------
Name: John Saldarelli
Title: President
[Amendment No. 6 to Schedule 13D]
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Exhibit Index
<TABLE>
<CAPTION>
Exhibit Sequentially
No. Description Numbered Page
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<S> <C> <C>
10 Preliminary proxy solicitation materials dated
October 17, 1996 *
11 Offer to Purchase dated October 17, 1996 and
related Letter of Transmittal **
</TABLE>
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* Incorporated by reference to Schedule 14A filed by Raleigh Capital with the
Commission on October 17, 1996.
** Incorporated by reference to Schedule 14D-1 filed by Raleigh Capital with
the Commission on October 17, 1996.
