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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(AMENDMENT No. 7)
Alexander Haagen Properties, Inc.
(Name of Company)
COMMON STOCK, Par Value $.01 Per Share
(Title of Class of Securities)
40443E100
(CUSIP Number)
Lorenzo Lorenzotti, Esq.
Prometheus Western Retail, LLC
LF Strategic Realty Investors L.P.
30 Rockefeller Plaza, 63rd Floor
New York, NY 10020
(212) 632-6000
with a copy to:
Kevin Grehan, Esq.
Cravath, Swaine & Moore
825 Eighth Avenue
New York, NY 10019
(212) 474-1490
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(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
June 30, 1998
(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 [ ].
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.
*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).
Page 1 of 5
<PAGE>
SCHEDULE 13D
CUSIP No. 40443E100 Page 2 of 5 Pages
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1 NAME OF REPORTING PERSON
SS OR IRSIDENTIFICATION NO OF ABOVE PERSON
Prometheus Western Retail, LLC
- ---------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [x}
- ---------------------------------------------------------------------------
3 SEC USE ONLY
- ---------------------------------------------------------------------------
4 SOURCE OF FUNDS*
AF
- ---------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) OR 2(E) [ ]
- ---------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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NUMBER OF 7 SOLE VOTING POWER
SHARES 15,666,666
BENEFICIALLY -------------------------------------------------------
OWNED BY EACH 8 SHARED VOTING POWER
REPORTING -0-
PERSON WITH -------------------------------------------------------
9 SOLE DISPOSITIVE POWER
15,666,666
-------------------------------------------------------
10 SHARED DISPOSITIVE POWER
-0-
- ---------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
15,666,666 shares of Common Stock*
*Assuming consummation of the purchase of all shares of Common Stock to be
purchased pursuant to the Stock Purchase Agreement incorporated by
reference herein.
- ---------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN [ ]
SHARES*
- ---------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED AMOUNT IN ROW (11)
56.5%, based upon number of shares of Common Stock outstanding on
March 31, 1997 and assuming consummation of the purchase of all
shares of Common Stock to be purchased pursuant to the Stock Purchase
Agreement incorporated by reference herein.
- ---------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
OO
- ---------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 2 of 5
<PAGE>
SCHEDULE 13D
CUSIP No. 40443E100 Page 3 of 5 Pages
- ---------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
SS OR IRSIDENTIFICATION NO OF ABOVE PERSON
LF Strategic Realty Investors L.P.
- ---------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [x}
- ---------------------------------------------------------------------------
3 SEC USE ONLY
- ---------------------------------------------------------------------------
4 SOURCE OF FUNDS*
AF, OO
- ---------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) OR 2(E) [ ]
- ---------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- ---------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 15,666,666
BENEFICIALLY -------------------------------------------------------
OWNED BY EACH 8 SHARED VOTING POWER
REPORTING -0-
PERSON WITH -------------------------------------------------------
9 SOLE DISPOSITIVE POWER
15,666,666
-------------------------------------------------------
10 SHARED DISPOSITIVE POWER
-0-
- ---------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
15,666,666 shares of Common Stock*
*Assuming consummation of the purchase of all shares of Common Stock to be
purchased pursuant to the Stock Purchase Agreement incorporated by
reference herein.
- ---------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN [ ]
SHARES*
- ---------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED AMOUNT IN ROW (11)
56.5%, based upon number of shares of Common Stock outstanding on
March 31, 1997 and assuming consummation of the purchase of all
shares of Common Stock to be purchased pursuant to the Stock Purchase
Agreement incorporated by reference herein.
- ---------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
- ---------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 3 of 5
<PAGE>
This Amendment No. 7 is filed by Prometheus Western
Retail, LLC, a Delaware limited liability company
("Prometheus"), and by LF Strategic Realty Investors L.P., a
Delaware limited partnership ("LF Realty"). Capitalized terms
used herein shall have the meanings ascribed thereto in the
Schedule 13D dated June 10, 1997, filed by Prometheus and LF
Realty (the "Initial Schedule 13D").
As previously reported in the Initial Schedule 13D,
pursuant to a Stock Purchase Agreement dated as of June 1,
1997, by and among Prometheus, LF Realty and Alexander Haagen
Properties, Inc. ("Haagen"), subject to the terms and
conditions thereof, Prometheus has agreed to purchase and
Haagen has agreed to sell 15,666,666 shares of common stock,
par value $0.01 per share, of Haagen (the "Common Stock").
The Initial Schedule 13D is amended as follows:
Item 5. Interest in Securities of the Issuer
On June 30, 1998, in a Subsequent Closing made
pursuant to the Stock Purchase Agreement, Prometheus
purchased 1,333,333 shares of Common Stock at a price of $15
per share.
Page 4 of 5
<PAGE>
After reasonable 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.
PROMETHEUS WESTERN RETAIL, LLC
by LF STRATEGIC REALTY INVESTORS
L.P., as managing member,
by Lazard Freres Real Estate
Investors L.L.C., its general
partner,
by /s/ ROBERT P. FREEMAN
--------------------------
Name: Robert P. Freeman
Title: Managing Director
LF STRATEGIC REALTY INVESTORS L.P.
by Lazard Freres Real Estate
Investors L.L.C., its general
partner,
by /s/ ROBERT P. FREEMAN
---------------------------
Name: Robert P. Freeman
Title: Managing Director
Page 5 of 5
