1 - ------------------------------------------------------------------------------- - ------------------------------------------------------------------------------- SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 --------------------------------- FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES AND EXCHANGE ACT OF 1934 --------------------------------- Date of Report June 3, 1997 ------------ First Union Real Estate Equity and Mortgage Investments - ------------------------------------------------------------------------------- (Exact name of registrant as specified in its charter) Ohio 1-6249 34-6513657 - ---------------------------- ---------------------- --------------------- State or other jurisdiction (Commission File Number) (I.R.S. Employer Identification No.) Suite 1900, 55 Public Square Cleveland, Ohio 44113-1937 - --------------------------------------- ---------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (216) 781-4030 ------------------- - ------------------------------------------------------------------------------- Former name or former address, if changed since last report. Total number of pages in report 2. 2 ITEM 5. OTHER EVENTS ------------ On May 28, 1997, First Union Real Estate Equity and Mortgage Investments, an Ohio real estate investment trust, priced a public offering of 5,500,000 shares of beneficial interest at $12.50 per share, and entered into an underwriting agreement pursuant to which the shares are to be distributed. Exhibit ------- (1) Underwriting Agreement dated May 28, 1997 by and between First Union Real Estate Equity and Mortgage Investments and Prudential Securities Incorporated, Alex. Brown & Sons Incorporated and Sutro & Co. Incorporated. 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. First Union Real Estate Equity and Mortgage Investments ------------------------------- (Registrant) Date: June 3, 1997 By:/S/ Paul F. Levin ------------ --------------------------- Paul F. Levin Senior Vice President Secretary and General Counsel