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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
LTC PROPERTIES, INC.
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(Name of Issuer)
COMMON STOCK, $.01 PAR VALUE
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(Title and Class of Securities)
502175102
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(CUSIP Number)
JULY 27, 2000
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[ ] Rule 13d-1(b)
[X] Rule 13d-1(c)
[ ] Rule 13d-1(d)
*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 the
disclosures provided in a prior cover page.
The information required in 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).
Page 1 of 8 Pages
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CUSIP NO. 502175102 FORM 13G Page 2 of 8 Pages
________________________________________________________________________________
1. Name of Reporting Persons
I.R.S. Identification Nos. of above persons (entities only)
DUNN FAMILY TRUST, DAVID J. DUNN, TRUSTEE
________________________________________________________________________________
2. Check the Appropriate Box If a Member of a Group (See Instructions)
(a) [_]
(b) [_]
________________________________________________________________________________
3. SEC Use Only
________________________________________________________________________________
4. Citizenship or Place of Organization
UNITED STATES OF AMERICA
________________________________________________________________________________
5. Sole Voting Power
NUMBER OF 1,325,000
SHARES _________________________________________________________________
BENEFICIALLY 6. Shared Voting Power
OWNED BY -0-
EACH _________________________________________________________________
REPORTING 7. Sole Dispositive Power
PERSON 1,325,000
WITH: _________________________________________________________________
8. Shared Dispositive Power
-0-
________________________________________________________________________________
9. Aggregate Amount Beneficially Owned by Each Reporting Person
1,325,000
________________________________________________________________________________
10. Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions) [_]
________________________________________________________________________________
11. Percent of Class Represented by Amount in Row (9)
5.1% (1)
________________________________________________________________________________
12. Type of Reporting Person (See Instructions)
OO (GRANTOR TRUST FOR INDIVIDUAL)
________________________________________________________________________________
(1) Assumes, pursuant to Rule 13d-3(d)(1)(i) of the Act, that there are
26,053,254 shares of the Stock outstanding.
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CUSIP NO. 502175102 FORM 13G Page 3 of 8 Pages
________________________________________________________________________________
1. Name of Reporting Persons
I.R.S. Identification Nos. of above persons (entities only)
DAVID J. DUNN
________________________________________________________________________________
2. Check the Appropriate Box If a Member of a Group (See Instructions)
(a) [_]
(b) [_]
________________________________________________________________________________
3. SEC Use Only
________________________________________________________________________________
4. Citizenship or Place of Organization
UNITED STATES OF AMERICA
________________________________________________________________________________
5. Sole Voting Power
NUMBER OF 1,325,000
SHARES _________________________________________________________________
BENEFICIALLY 6. Shared Voting Power
OWNED BY -0-
EACH _________________________________________________________________
REPORTING 7. Sole Dispositive Power
PERSON 1,325,000
WITH: _________________________________________________________________
8. Shared Dispositive Power
-0-
________________________________________________________________________________
9. Aggregate Amount Beneficially Owned by Each Reporting Person
1,325,000
________________________________________________________________________________
10. Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions) [_]
________________________________________________________________________________
11. Percent of Class Represented by Amount in Row (9)
5.1% (1)
________________________________________________________________________________
12. Type of Reporting Person (See Instructions)
IN
________________________________________________________________________________
(1) Assumes, pursuant to Rule 13d-3(d)(1)(i) of the Act, that there are
26,053,254 shares of the Stock outstanding.
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CUSIP NO. 502175102 FORM 13G Page 4 of 8 Pages
Pursuant to Rule 13d-1(c) of Regulation 13D-G of the General Rules and
Regulations under the Securities Exchange Act of 1934, as amended (the "Act"),
the undersigned hereby file their initial schedule 13G Statement dated July 27,
2000 (the "Schedule 13G"), relating to the Common Stock, $.01 par value per
share (the "Stock"), of LTC Properties, Inc. (the "Issuer").
Unless otherwise indicated, all defined terms used herein shall mean the
following: Dunn Family Trust, David J. Dunn, Trustee shall be referred to as
"DFT", David J. Dunn shall be referred to as "DJD", and Idanta Partners Ltd.
shall be referred to as "IPL".
ITEM 1(a). NAME OF ISSUER.
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The name of the issuer is LTC Properties, Inc. (the "Issuer").
ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES.
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The address of the issuer's principal executive offices is:
300 Esplanade Drive
Suite 1860
Oxnard, CA 93030
ITEM 2(a). NAME OF PERSON FILING.
----------------------
Pursuant to Rules 13d-1(c) of the General Rules and Regulations under
the Securities Exchange Act of 1934, as amended (the "Act"), the
undersigned hereby file this Schedule 13G Statement on behalf of Dunn
Family Trust, David J. Dunn, trustee (a grantor trust) ("DFT") and
David J. Dunn ("DJD"). DFT and DJD are sometimes hereinafter referred
to as the "Reporting Persons." The Reporting Persons are making this
single, joint filing pursuant to Rule 13d-1(k)(1) under the Act;
neither the fact of this filing nor anything contained herein shall be
deemed to be an admission by the Reporting Persons that a "group"
within the meaning of Section 13(d)(3) of the Act exists.
ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE, OR IF NONE, RESIDENCE.
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The principal business office address of all Reporting Persons (DFT and
DJD) is:
4660 La Jolla Village Drive, Suite 850
San Diego, California 91222
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CUSIP NO. 502175102 FORM 13G Page 5 of 8 Pages
ITEM 2(c). CITIZENSHIP.
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DFT is a California grantor trust.
DJD is a citizen of the United States of America.
ITEM 2(d). TITLE OF CLASS OF SECURITIES.
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This Schedule 13G Statement relates to the Common Stock, $.01 par
value, of the Issuer (the "Stock").
ITEM 2(e) CUSIP NUMBER.
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The CUSIP Number of the Stock is 502175102.
ITEM 3. FILING PURSUANT TO RULES 13d-1(b) OR 13d-2(b) OR (c).
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This Schedule 13G Statement is not being filed pursuant to Rule
13d-1(b) or Rule 13d-2(b) or (c).
ITEM 4. OWNERSHIP.
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DFT: (a) Because of its position as general partner of Idanta Partners
Ltd. ("IPL"), which owns 713,500 shares of the Stock, DFT may,
pursuant to Rule 13d-3 of the Act, be deemed to be beneficial
owner of these 713,500 shares, in addition to the 611,500 it
directly owns, which totals 1,325,000 shares,
(b) which constitutes in the aggregate approximately 5.1% of the
assumed 26,053,254 outstanding shares of the Stock.
(c) In its capacity as a general partner of IPL and due to the
shares it directly owns, DFT has the sole power to vote or to
direct the vote and to dispose or to direct the disposition of
1,325,000 shares of the Stock. DFT does not share this power to
vote or to direct the vote and to dispose or to direct the
disposition of the Stock.
DJD: (a) Because DJD is the trustee of DFT, which owns 611,500 shares
and which is a general partner of IPL, which owns 713,500 shares
of the Stock, DJD may pursuant to Rule 13d-3 of the Act, be
deemed to be beneficial owner of 1,325,000 shares, (b) which
constitutes in the aggregate approximately 5.1% of the assumed
26,053,254 outstanding shares of the Stock. (c) In his capacity
as trustee of DFT, which is also a general partner of IPL, DJD
has the sole power to vote or to direct the vote and to dispose
or to direct the disposition of 1,325,000 shares of the Stock.
DJD does not share this power to vote or to direct the vote and
to dispose or to direct the disposition of the Stock. DJD owns no
shares individually.
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CUSIP NO. 502175102 FORM 13G Page 6 of 8 Pages
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS. [ ]
--------------------------------------------
This item is not applicable to this filing.
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER
PERSON.
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No person other than the Reporting Persons has the right to receive or
the power to direct the receipt of dividends from, or the proceeds from
the sale of, the shares of the Stock owned by them.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH
ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING
COMPANY.
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This Schedule 13G Statement is not being filed by a parent holding
company.
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
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This Schedule 13G Statement is being jointly filed on behalf of each of
the Reporting Persons pursuant to Rules 13d-1(c) and 13d-1(k)(1) which
does not constitute a group. The agreement required by Rule 13d-1(k)(1)
is attached hereto as Exhibit A.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
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It is inapplicable for the purposes herein to provide notice of
dissolution of a group.
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CUSIP NO. 502175102 FORM 13G Page 7 of 8 Pages
ITEM 10. CERTIFICATION.
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By signing below, I certify that, to the best of my knowledge and belief, the
securities referred to above were not acquired and are not held for the purpose
of or with the effect of changing or influencing the control of the issuer of
the securities and were not acquired and are not held in connection with or as a
participant in any transaction having that purpose or effect.
DUNN FAMILY TRUST & DAVID J. DUNN
by: /s/ David J. Dunn
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David J. Dunn as Trustee of the
Dunn Family Trust and Individually
SIGNATURES:
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After reasonable inquiry and to the best of my knowledge and belief, each of the
undersigned certifies that the information set forth in this statement is true,
complete and correct. The undersigned have filed this statement jointly pursuant
to the agreement attached as Exhibit A.
DATED: July 27, 2000
DUNN FAMILY TRUST
by: /s/ David J. Dunn
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David J. Dunn, Trustee
DAVID J. DUNN
/s/ David J. Dunn
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CUSIP NO. 502175102 FORM 13G Page 8 of 8 Pages
JOINT FILING AGREEMENT EXHIBIT "A"
Pursuant to Rule 13d-1(k)(1) of the General Rules and Regulations of the
Securities and Exchange Commission under the Securities Exchange Act of 1934, as
amended, the undersigned agree to the joint filing on behalf of each of them of
this statement and any subsequent amendments thereto.
DATED: July 27, 2000
DUNN FAMILY TRUST
by: /s/ David J. Dunn
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David J. Dunn, Trustee
DAVID J. DUNN
/s/ David J. Dunn
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