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UNITED STATES
SECURITIES EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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SCHEDULE 13G
(RULE 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
RULES 13d-1 (b), (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO
RULE 13d-2(b)
UNDER THE SECURITIES EXCHANGE ACT OF 1934
GROVE PROPERTY TRUST
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(Name of Issuer)
COMMON SHARES
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(Title of Class of Securities)
399613-10-8
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(CUSIP Number)
DECEMBER 31, 1999.
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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:
/X/ Rule 13d-1(b)
/ / Rule 13d-1(c)
/ / Rule 13d-1(d)
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CUSIP No. 399613-10-8
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...............................................................................
1. Names of Reporting Persons.
Cliffwood Partners, LLC
I.R.S. Identification Nos. of above persons (entities only).
95-464-8555
...............................................................................
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
...............................................................................
Number of 5. Sole Voting Power 426,000
Shares ...............................................................
Beneficially 6. Shared Voting Power None
Owned by ...............................................................
Each 7. Sole Dispositive Power 426,000
Reporting ...............................................................
Person With 8. Share Dispositive Power None
...............................................................................
9. Aggregate Amount Beneficially Owned by Each Reporting Person 426,000
...............................................................................
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares
...............................................................................
11. Percent of Class Represented by Amount in Row (9) 5.2%
...............................................................................
12. Type of Reporting Person IA
...............................................................................
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ITEM 1(a) NAME OF ISSUER:
Grove Property Trust.
ITEM 1(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
598 Asylum Avenue,
Hartford,
Connecticut 06105.
ITEM 2(a) NAME OF PERSON FILING:
Cliffwood Partners LLC.
ITEM 2(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONTE, RESIDENCE:
11726 San Vicente Boulevard,
Suite 600,
Los Angeles,
California 90049.
ITEM 2(c) CITIZENSHIP:
United States.
ITEM 2(d) TITLE OF CLASS OF SECURITIES:
Common Shares.
ITEM 2(e) CUSIP NUMBER:
399613-10-8.
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO SECTION 240.13d-1(b)
OR 240.13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A:
(a) / / Broker or dealer registered under section 15 of
the Act (15 U.S.C. 78o).
(b) / / Bank as defined in section 3(a)(6) of the Act
(15 U.S.C. 78c).
(c) / / Insurance company as defined in section 3(a)(19)
of the Act (15 U.S.C. 78c).
(d) / / Investment company registered under section 8 of
the Investment Company Act of 1940 (15 U.S.C. 80a-8).
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(e) /X/ An investment adviser in accordance with Section
240.13d-1(b)(1)(ii)(E);
(f) / / An employee benefit plan or endowment fund in
accordance with Section 240.13d-1(b)(1)(ii)(F);
(g) / / A parent holding company or control person in
accordance with Section 240.13d-1(b)(1)(ii)(G);
(h) / / A savings associations as defined in Section
3(b) of the Federal Deposit Insurance Act
(12 U.S.C. 1813);
(i) / / A church plan that is excluded from the
definition of an investment company under section
3(c)(14) of the Investment Company Act of 1940 (15
U.S.C. 80a-3);
(j) / / Group, in accordance with Section 240.13d-1(b)
(1)(ii)(J).
ITEM 4. OWNERSHIP.
Cliffwood Partners LLC beneficially owns 426,000 Common Shares
of Grove Property Trust, which represents 5.2% of aggregate
outstanding shares of that class. Cliffwood Partners LLC has
sole power to vote or direct the vote of the entire holding
and has sole power to dispose of or direct the disposal of
the entire shareholding.
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
Not applicable
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER
PERSON.
Not applicable
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH
ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING
COMPANY.
Not applicable.
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
Not applicable.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
Not applicable.
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ITEM 10. CERTIFICATION.
By signing below I certify that, to the best of my knowledge
and belief, the securities referred to above were acquired and
are held in the ordinary course of business and 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.
SIGNATURE
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.
02/07/00
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Date
/s/ Carl B. Tash
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Carl B. Tash
Chief Executive Officer
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