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U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 3
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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1. Name and Address of Reporting Person*
Prometheus Assisted Living LLC
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(Last) (First) (Middle)
30 Rockefeller Plaza, 63rd Floor
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(Street)
New York NY 10020
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(City) (State) (Zip)
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2. Date of Event Requiring Statement (Month/Day/Year)
September 17, 1998
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3. IRS or Social Security Number of Reporting Person (Voluntary)
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4. Issuer Name and Ticker or Trading Symbol
ARV Assisted Living, Inc. ARVI
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5. Relationship of Reporting Person to Issuer
(Check all applicable)
[ ] Director [ X ] 10% Owner
[ ] Officer (give title below) [ ] Other (specify below)
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6. If Amendment, Date of Original (Month/Year)
7/14/97
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7. Individual or Joint/Group Filing (Check applicable line)
[ ] Form Filed by One Reporting Person
[ X ] Form Filed by More than One Reporting Person
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Table I -- Non-Derivative Securities Beneficially Owned
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<TABLE>
<CAPTION>
3. Ownership Form:
2. Amount of Securities Direct (D) or
1. Title of Security Beneficially Owned Indirect (I) 4. Nature of Indirect Beneficial Ownership
(Instr. 4) (Instr. 4) (Instr. 5) (Instr.5)
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<S> <C> <C> <C>
Common Stock 7,595,069<F1> D and I See attached
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</TABLE>
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
(Print or Type Responses)
<PAGE>
FORM 3 (continued)
Table II -- Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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<TABLE>
<CAPTION>
5. Owner-
3. Title and Amount of Securities ship
Underlying Derivative Security Form of
2. Date Exercisable (Instr. 4) Derivative
and Expiration Date --------------------------------- 4. Conver- Security:
(Month/Day/Year) Amount sion or Direct 6. Nature of
---------------------- or Exercise (D) or Indirect
Date Expira- Number Price of Indirect Beneficial
1. Title of Derivative Exer- tion of Derivative (I) Ownership
Security (Instr. 4) cisable Date Title Shares Security (Instr.5) (Instr. 5)
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<S> <C> <C> <C> <C> <C> <C> <C>
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</TABLE>
Explanation of Responses:
<F1> The purpose of this Amendment is to correct the report filed on
September 17, 1998, which inaccurately stated the amount of securities
beneficially owned.
See attached signature page.
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**Signature of Reporting Person Date
** Intentional misstatements or omissions of facts constitute Federal Criminal
Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient. See Instruction 6 for procedure.
<PAGE>
FORM 3
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Item 1. Name and Address of Reporting Person.
Prometheus Assisted Living LLC
30 Rockefeller Plaza, 63rd Floor
New York, NY 10020
Second Reporting Person:
Lazard Freres Real Estate Investors L.L.C.
30 Rockefeller Plaza, 63rd Floor
New York, NY 10020
Third Reporting Person:
LF Strategic Realty Investors II L.P.
c/o Lazard Freres Real Estate Investors L.L.C.
30 Rockefeller Plaza, 63rd Floor
New York, NY 10020
Fourth Reporting Person:
LFSRI II Alternative Partnership L.P.
c/o Lazard Freres Real Estate Investors L.L.C.
30 Rockefeller Plaza, 63rd Floor
New York, NY 10020
Fifth Reporting Person:
LFSRI II-CADIM Alternative Partnership L.P.
c/o Lazard Freres Real Estate Investors L.L.C.
30 Rockefeller Plaza, 63rd Floor
New York, NY 10020
Item 2. Date of Event Requiring Statement.
August 1, 1998
Item 4. Issuer Name and Trading Symbol.
ARV Assisted Living, Inc.
ARVI
<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 ASSISTED LIVING LLC
by LF Strategic Realty Investors II
L.P., as a member,
by Lazard Freres Real Estate
Investors L.L.C., its general
partner,
by
/s/ John A. Moore
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Name: John A. Moore
Title: Principal
LF STRATEGIC REALTY INVESTORS II L.P.
by Lazard Freres Real Estate
Investors L.L.C., its general partner,
by
/s/ John A. Moore
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Name: John A. Moore
Title: Principal
LFSRI II ALTERNATIVE PARTNERSHIP L.P.
by Lazard Freres Real Estate
Investors L.L.C., its general
partner,
by
/s/ John A. Moore
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Name: John A. Moore
Title: Principal
<PAGE>
LFSRI II-CADIM ALTERNATIVE PARTNERSHIP
L.P.
by Lazard Freres Real Estate
Investors L.L.C., its general
partner,
by
/s/ John A. Moore
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Name: John A. Moore
Title: Principal
LAZARD FRERES REAL ESTATE INVESTORS
L.L.C.
by
/s/ John A. Moore
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Name: John A. Moore
Title: Principal
Dated October 2, 1998
