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: October 5, 2001
AMERICAN RETIREMENT VILLAS PROPERTIES III, L.P.
(Exact Name of Registrant as Specified in Charter)
California 0-26470 33-0365417
(State or Other Jurisdiction (Commission File Number) (IRS Employer
of Incorporation) Identification No.)
245 Fischer Avenue, D-1
Costa Mesa, CA 92626
(Address of Principal Executive Offices and Zip Code)
(714) 751-7400
(Registrant's telephone number, including area code)
Item 5. Other Events
On October 5, 2001 ARV Assisted Living, Inc., the Managing General Partner of
American Retirement Villas Properties III L.P. (ARVP III), confirmed it had
received notice of an unsolicited offer to purchase up to 10,000 limited
partnership units of ARVP III for a net cash price of $300 per unit in cash from
C3 Capital, LLC, subject to reduction under certain circumstances.
The press release relating to the forgoing is attached hereto as Exhibit 99.1
and incorporated herein by reference.
The Managing General Partner has reviewed the offer, evaluated alternatives, and
made a recommendation regarding the offer to the limited partners as set forth
in a Schedule 14d-9 filed with the Securities and Exchange Commission on October
18, 2001.
Item 7. Exhibits
(c) Exhibits.
Exhibit No. Description
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99.1 Press Release dated October 5, 2001
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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.
AMERICAN RETIREMENT VILLAS
PROPERTIES III, L.P.
By: ARV ASSISTED LIVING, INC.
its Managing General Partner
Date: October 24, 2001 By: /s/ Douglas Pasquale
-----------------------------
Name: Douglas Pasquale
Title: Chief Executive Officer
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EXHIBIT INDEX
Exhibit No. Description
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99.1 Press Release dated October 5, 2001
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