FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 JANUARY 26, 1998 ---------------- (Date of report) MUNICIPAL MORTGAGE AND EQUITY, L.L.C. (Exact Name of Registrant as Specified in its Charter) DELAWARE 001-11981 74-2717523 -------- --------- ---------- (State or Other Jurisdiction (Commission File Number) (IRS Employer of Incorporation) Identification Number) 218 NORTH CHARLES STREET, SUITE 500 BALTIMORE, MARYLAND 21201 ------------------------- (Address of Principal Executive Offices)(Zip Code) (410) 962-8044 -------------- (Registrant's telephone number, including area code) ITEM 5. OTHER EVENTS. ------------ On January 26, 1998, Municipal Mortgage and Equity, L.L.C. (the "Registrant"), announced the price per share of its underwritten offering of 3,000,000 of the Registrant's common shares (the "Offering"). Reference is made to the press release, dated January 26, 1998, annexed hereto as Exhibit 20.1, for further information regarding the Offering. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS. --------------------------------- (c) EXHIBITS. -------- EXHIBIT NO. DESCRIPTION OF DOCUMENT ----------- ----------------------- 1.1 Form of Underwriting Agreement, among the Registrant and the several Underwriters named therein. 8.1 Opinion of Rogers & Wells concerning certain tax matters. 20.1 Press release, dated January 26, 1998, announcing the pricing of the Offering. 2 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. MUNICIPAL MORTGAGE AND EQUITY, L.L.C. Date: January 28, 1998 By: /S/ MICHAEL L. FALCONE ---------------------- Michael L. Falcone President 3