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) January 26, 1999
Real Estate Associates Limited III
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(Exact Name of Registrant as Specified in its Charter)
California 000-10673 95-3547611
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(State or Other (Commission (I.R.S. Employer
Jurisdiction of File Number) Identification
incorporation) No.)
9090 Wilshire Boulevard, Beverly Hills, California 90211
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(Address of Principal Executive Offices) (Zip Code)
(Registrant's Telephone Number, Including Area Code) (310) 278-2191
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(Former Name or Former Address, If Changed Since Last Report.)
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ITEM 5. Other Events.
Real Estate Associates Limited III, a California limited
partnership (the "Registrant"), is filing this Current Report on Form 8-K in
connection with the issuance of a press release on January 26, 1999 regarding
the completion of the sale of the Registrant's interests in certain real estate
properties.
ITEM 7. Financial Statements, Pro Forma Financial Information and
Exhibits.
(c) Exhibits.
Exhibit Description
1 Press Release, dated January 26, 1999.
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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 hereunto duly authorized.
REAL ESTATE ASSOCIATES LIMITED III,
a California Limited Partnership
By: NATIONAL PARTNERSHIP INVESTMENT
CORP., a California Corporation,
a General Partner
By:/s/ Henry C. Casden
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Name: Henry C. Casden
Title: Senior Executive Vice President
Date: January 26, 1999
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EXHIBIT INDEX Exhibit 1
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4
FOR IMMEDIATE RELEASE
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REAL ESTATE ASSOCIATES LIMITED III
ANNOUNCES CLOSING OF
SALE OF PROPERTIES
Beverly Hills, California - January 26, 1999 - National Partnership Investments
Corp., the Managing General Partner of Real Estate Associates Limited III (the
"Partnership") announced today that the Partnership has completed the sale of
the Partnership's interests in 20 real estate properties.
The Managing General Partner anticipates distributing the net proceeds of the
sale to Limited Partners on or about March 1, 1999.
Contact: Patricia W. Toy
National Partnership Investments Corp.
800-666-6274
Ellen A. Gulczynski
MacKenzie Partners, Inc.
212-929-5500