SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) December 5, 2006
Brauvin Real Estate Fund L.P. 4
(Exact name of registrant as specified in its charter)
Delaware 0-13402 36-3304339
(State of or other (Commission (IRS Employer
jurisdiction of File Number) Identification
incorporation) Number)
30 North LaSalle Street, Suite 3100, Chicago, Illinois 60602
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (312) 759-7660
(Former name or address, if changed since last report)
Item 4.01. Changes in Registrant's Certifying Accountant.
1. On December 5, 2006, Brauvin Real Estate Fund L.P. 4 was
notified that a majority of the partners of Altschuler, Melvoin
and Glasser LLP (AM&G) had become partners of McGladrey & Pullen,
LLP and, as a consequence, that AM&G was compelled to resign and
would no longer be the auditor for the Partnership. McGladrey &
Pullen, LLP was appointed as the Partnership's new auditor.
2. The audit reports of AM&G on the consolidated financial
statements of Brauvin Real Estate Fund L.P. 4 and subsidiary as
of and for the years ended December 31, 2005 and 2004 did not
contain an adverse opinion or a disclaimer of opinion, and were
not qualified or modified as to uncertainty, audit scope or
accounting principles.
3. The decision to engage McGladrey & Pullen, LLP was approved
by the corporate general partner of the Partnership.
4. In connection with the audits of the Partnership's
consolidated financial statements for each of the fiscal years
ended December 31, 2005 and 2004 and through the date of this
Current Report, there were: (1) no disagreements between the
Company and AM&G on any matters of accounting principles or
practices, financial statement disclosure, or auditing scope or
procedures, which disagreements, if not resolved to the
satisfaction of AM&G, would have caused AM&G to make reference to
the subject matter of the disagreement in their reports on the
Partnership's financial statements for such years, and (2) no
reportable events within the meaning set forth in [Item
304(a)(1)(iv)(B) of Regulation S-B or Item 304(a)(1)(v) of
Regulation S-K].
5. The Partnership has provided AM&G a copy of the disclosures
in this Form 8-K and has requested that AM&G furnish it with a
letter addressed to the Securities and Exchange Commission
stating whether or not AM&G agrees with the Partnership's
statements in this Item 4.01(a). A copy of the letter dated
December 7, 2006 furnished by AM&G in response to that request is
filed as Exhibit 16.1 to this Form 8-K.
Exhibit 16.1
December 7, 2006
Securities and Exchange Commission
Washington, DC 20549
Commissioners:
We have read Brauvin Real Estate Fund L.P. 4's statements
included under Item 4.01 of its Form 8-K filed on December 7,
2006, and we agree with such statements concerning our firm.
/s/ Altshuler, Melvoin and Glasser LLP
SIGNATURES
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.
BY: Brauvin Ventures, Inc.
Corporate General Partner of
Brauvin Real Estate Fund L.P. 4
BY: /s/ Jerome J. Brault
Jerome J. Brault
Chairman of the Board of Directors,
President and Chief Executive Officer
DATE: December 7, 2006
BY: /s/ Thomas E. Murphy
Thomas E. Murphy
Chief Financial Officer and Treasurer
DATE: December 7, 2006