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<br />I <br />I <br /> <br />- <br />. <br />I <br />I <br />,I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br /> <br />- <br /> <br />CAPITAL INCOME r~oPERtI~S - L <br /> <br />$7,700,000 Llmltec Partnership Interests offered in 100 Units of <br />$77,000 each. Off~ting Date: July 1984. <br /> <br />Placement Agent: CRICO securities corporatlon <br /> <br />Prlnci~nvestment: To invest in a Local Limited partnership which <br />was or~anlzed to deve10p, maintain and operate the RADISSON HOTEL <br />METRODOME, a 14-story hntel containing 266 rooms and related <br />COMmercial facllltles, i, Mlnneapolis, Minnesota. <br /> <br />construct1on and permanent Financing: Provided through a Loan in the <br />amount of $10,000,000 from the sale of tax-exeMpt revenue bond~ of <br />the City of M1nneapolis, Minnesota and an Urban Development Action <br />Grant 1n the amount of $3,127,000. Security for the Loan includes a <br />Letter of Cred1t lssued by The First Natlonal Bank of St. paul, <br />Mlnnesota. <br /> <br />can-AMe:lcan Realty Corporation ~b one of t~e General Partners of the <br />Limited partnership and the Local Llmited partnership. <br /> <br />THE REGISTRY HOTEL AT PELICAN BAY <br /> <br />$89,000,000 Hotel InteLests offeret] 1n 474 Units of $179,500 (StUd10- <br />395 Units), $216,100 (Cabana-50 units), $246,000 (One Bedroom-17 <br />Units), and $27a,000 (One Bedroo~ Delux~-12 units). Offering Date: <br />February 1(\84. <br /> <br />placenent A<;ent: ~~erIll1 Lynch, Pierce, Fenner and snith, lnc. <br /> <br />prlnclpal Investrlent: To engage ln the developr.lent and sale of The <br />REGISTPY RESORT, NAPLES, FLORIDA and Its operation as a <br />non-resldent1al condomlnlUM hotel. The lssuer, Shelter seagate <br />Corporatlon, a wholly-owned subsid1ary of Can-Anerlcan Realty <br />Corporatlon, offered th~ Hotel Interests to lndlvldual 1nvestors as a <br />business lnvestment w1th mandatory agreernent~ for the managenent and <br />operatlon of each unlt a3 part of the Hotel. Each Hotel Interest <br />consists of a fully furnished non-res1dentlal Hotel Unlt, an <br />appurtenant lnterpst 1n the con~erclal Unlt of the Hotel, a <br />percentage ownersh1p 1nCere&t ln the connon elements of the HotEl <br />lncludlng a fee slnple lnterest in the land on WhlCh the Hotel 1S <br />sl~~ated. ~ach 1nv~stor will be entitled to a pro-ra~~ share of <br />operating revenues and w1ll be respons1ble for r.lortgage and property <br />tax payments. <br /> <br />