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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
MARCH 27, 1997
(Date of Report)
MANUFACTURED HOME COMMUNITIES, INC.
(Exact name of registrant as specified in its Charter)
1-11718
(Commission File No.)
MARYLAND 36-3857664
(State or other jurisdiction of (I.R.S. Employer Identification No.)
incorporation or organization)
TWO NORTH RIVERSIDE PLAZA, CHICAGO, ILLINOIS 60606
(Address of principal executive offices) (Zip Code)
(312) 474-1122
(Registrant's telephone number, including area code)
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ITEM 5. ACQUISITION OF ASSET
On March 27, 1997, Manufactured Home Communities, Inc. (the "Company") acquired
Golf Vista Estates ("Golf Vista"), a premier manufacturing housing community,
located in Monee, Illinois, approximately 35 miles south of Chicago. The
purchase price of approximately $7.4 million was funded with existing available
cash. The Company purchased Golf Vista from Abart Investment Corporation, an
Illinois Corporation.
Golf Vista consists of 200 developed sites and 319 expansion sites and features
a 9-hole golf course and clubhouse. The Company believes the acquisition
strengthens its' regional focus and complements the Company's strategy of
owning the highest quality communities in top markets nationwide.
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SIGNATURE
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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 thereunto duly authorized.
MANUFACTURED HOME COMMUNITIES, INC.
BY: /s/ Thomas P. Heneghan
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Thomas P. Heneghan
Executive Vice President, Treasurer and
Chief Financial Officer
BY: /s/ Judy A. Pultorak
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Judy A. Pultorak
Principal Accounting Officer
DATE: March 31, 1997
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