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OMB APPROVAL
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FORM 3 OMB Number: 3235-0104
- -------- Expires: September 30, 1998
Estimated average burden
hours per response 0.5
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f)
of the Investment Company Act of 1940
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<S> <C> <C> <C>
(Print or Type Responses)
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1. Name and Address of Reporting Person* 2. Date of Event Requiring 4. Issuer Name and Ticker or 6. If Amendment, Date
MIG Residential REIT, Inc. Statement Trading Symbol of Original
- ---------------------------------------- (Month/Day/Year) Associated Estates Realty (Month/Day/Year)
(Last) (First) (Middle) 6/29/1998 Corporation; AEC
250 Australian Ave., South, Ste. 400 ---------------------------- ---------------------------------- -----------------------
- ---------------------------------------- 3. IRS Identification 5. Relationship of Reporting 7. Individual or Joint/
(Street) Number of Reporting Person(s) to Issuer Group Filing (Check
West Palm Beach, Florida 33401 Person, if an entity (Check all applicable) applicable line)
- -------------------------------------- (Voluntary) 65-0498732 Director X 10% Owner X Form filed by
(City) (State) (Zip) ---------------------------- ----- ----- ----- One Reporting
Officer Other Person
----- (give ----- (specify Form filed by
title below) below) ----- More than One
Reporting Person
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TABLE 1 -- NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
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1. Title of Security 2. Amount of Securities 3. Ownership Form: 4. Nature of Indirect
(Instr. 4) Beneficially Owned Direct (D) or Beneficial
(Instr. 4) Indirect (1) Ownership (Instr. 5)
(Instr. 5)
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Common Stock 5,139,387 Common Shares (1) All the shares in the
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aggregate are owned
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through eight wholly
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owned subsidiaries of
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the Reporting Person
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*If the form is filed by more than one reporting person, see Instruction 5(b)(v).
(Over)
Potential persons who are to respond to the collection of information in this form are not required to respond SEC 1473(7-97)
unless the form displays a currently valid OMR control number
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FORM 3 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
<S> <C> <C> <C> <C> <C>
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1. Title of Derivative Security 2. Date 3. Title and Amount of 4. Conver- 5. Owner- 6. Nature of Indirect
(Instr. 4) Exercisable and Securities Underlying sion or ship Beneficial Ownership
Expiration Date Derivative Security Exercise Form of (Instr. 5)
(Month/Day/ (Instr. 4) Price of Deriv-
Year) Deri- ative
vative Security:
Security
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Date Expira- Amount or (D) or
Exercis- tion Title Number Indirect (I)
able Date of Shares (Instr. 5)
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Explanation of Responses:
MIG Residential REIT, Inc.
By: LARRY E. WRIGHT July 8, 1998
**Intentional misstatements or omissions of facts constitute Federal Criminal ------------------------------- ------------------
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). President Date
Note: File three copies of this Form, one of which must be manually signed. Page 2
If space is insufficient, See Instruction 6 for procedure. SEC 1473 (7-97)
Potential persons who are to respond to the collection of information in this form
are not required to respond unless the form displays a currently valid OMB Number.
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