SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


                                    FORM 10-Q


(X)               QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15
                   (d) OF THE SECURITIES EXCHANGE ACT OF 1934
                  For the quarterly period ended June 30, 2003

                                       OR

( )                 TRANSITION REPORT PURSUANT TO SECTION 13
                OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934


Commission file number:  0-17695
                       -------------

                           HEALTHCARE PROPERTIES, L.P.
                           ---------------------------
             (Exact name of Registrant as specified in its charter)


                      DELAWARE                            62-1317327
                      --------                            ----------
           (State or other jurisdiction of             (I.R.S. Employer
           incorporation or organization)           Identification Number)


              14160 Dallas Parkway, Suite 300, Dallas, Texas 75254
              ----------------------------------------------------
                     (Address of principal executive office)


                                 (972) 770-5600
                                 --------------
              (Registrant's telephone number, including area code)


Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the  preceding 12 months (or for such  shorter  period that the  registrant  was
required  to file  such  reports),  and  (2) has  been  subject  to such  filing
requirements for at least the past 90 days. YES  x   NO
                                               ----    ----


Indicate  by check mark  whether  the  registrant  is an  accelerated  filer (as
defined  in Rule  12b-2  of the  Exchange  Act).  YES      NO X
                                                     ----    ----

<PAGE>


PART I.  FINANCIAL INFORMATION


Item 1.  Financial Statements

                  HEALTHCARE PROPERTIES, L.P. AND SUBSIDIARIES
                        (A Delaware Limited Partnership)

                           CONSOLIDATED BALANCE SHEETS
<TABLE>
<CAPTION>


                                                                             June 30, 2003         December 31, 2002
                                                                              (Unaudited)               (Note A)
                                                                              -----------               --------
<S>                                                                        <C>                     <C>

ASSETS

Cash and cash equivalents                                                  $         93,500        $        643,493

Accounts receivable, less allowance for doubtful
  accounts of $648,697 in 2003 and 2002                                                   -                       -

Prepaid expenses                                                                     24,500                  14,375

Asset held for sale, at the lower of carrying value or
  fair value less estimated costs to sell                                         1,000,000               1,000,000

Property and improvements, net                                                          466                     563
                                                                           ----------------        ----------------

          Total assets                                                     $      1,118,466        $      1,658,431
                                                                           ================        ================


LIABILITIES AND PARTNERSHIP EQUITY

Accounts payable and accrued expenses                                       $        86,965        $         66,114
                                                                            ---------------         ---------------

                                                                                     86,965                  66,114
                                                                            ---------------        ----------------

Partnership equity (deficit):
  Limited partners (4,148,325 units outstanding in 2003
  and 2002)                                                                       1,081,832               1,631,431
  General partner                                                                   (50,331)                (39,114)
                                                                            ---------------        ----------------
                                                                                  1,031,501               1,592,317
                                                                            ---------------        ----------------

          Total liabilities and Partnership equity                          $     1,118,466        $      1,658,431
                                                                            ===============        ================

</TABLE>

                        See notes to financial statements

                                        1
<PAGE>



                  HEALTHCARE PROPERTIES, L.P. AND SUBSIDIARIES
                        (A Delaware Limited Partnership)

                      CONSOLIDATED STATEMENTS OF OPERATIONS
                                   (Unaudited)
<TABLE>
<CAPTION>


                                                                                     Three months ended
                                                                        June 30, 2003                 June 30, 2002
                                                                        -------------                 -------------
<S>                                                                     <C>                           <C>

Revenues:
   Rental                                                               $             -               $             -
   Net patient services                                                               -                             -
                                                                        ---------------               ---------------
                                                                                      -                             -
                                                                        ---------------               ---------------


Expenses:
   Depreciation                                                                      47                            84
   Administrative and other                                                     128,311                       144,868
   Recoveries of bad debts                                                            -                          (513)
                                                                        ---------------               ---------------
                                                                                128,358                       144,439
                                                                        ---------------               ---------------
       Loss from operations                                                    (128,358)                     (144,439)
                                                                        ---------------               ---------------


Other income (expenses):
   Interest income                                                                  780                         9,093
   Other income                                                                      75                             -
                                                                        ---------------               ---------------
                                                                                    855                         9,093
                                                                        ---------------               ---------------

           Net loss                                                     $      (127,503)              $      (135,346)
                                                                        ===============               ===============


Allocation of net loss
   Limited partner                                                      $     (124,953)               $     (132,639)
   General partner                                                              (2,550)                       (2,707)
                                                                        --------------                --------------
                                                                        $     (127,503)               $     (135,346)
                                                                         =============                 =============

Basic per limited Partnership unit calculations:
   Net loss                                                             $         (.03)               $         (.03)
                                                                        ===============                =============
   Distributions                                                        $          .07                $            -
                                                                        ===============                =============

WEIGHTED AVERAGE NUMBER OF UNITS                                             4,148,325                     4,148,325
                                                                        ===============                =============


</TABLE>





                        See notes to financial statements

                                       2
<PAGE>



                  HEALTHCARE PROPERTIES, L.P. AND SUBSIDIARIES
                        (A Delaware Limited Partnership)

                      CONSOLIDATED STATEMENTS OF OPERATIONS
                                   (Unaudited)
<TABLE>
<CAPTION>

                                                                                   Six months ended
                                                                      June 30, 2003                June 30, 2002
                                                                      -------------                -------------
<S>                                                                   <C>                          <C>

Revenues:
   Rental                                                             $             -              $        37,071
   Net patient services                                                             -                            -
                                                                      ---------------              ---------------
                                                                                    -                       37,071
                                                                      ---------------              ---------------


Expenses:
   Depreciation                                                                    96                       13,527
   Administrative and other                                                   256,499                      302,891
   Recoveries of bad debts                                                          -                       (3,514)
                                                                      ---------------              ---------------
                                                                              256,595                      312,904
                                                                      ---------------              ---------------
       Loss from operations                                                  (256,595)                    (275,833)
                                                                      ---------------              ---------------


Other income (expenses):
   Gain on disposition of property                                                  -                    2,283,193
   Interest income                                                              1,827                       22,289
   Other income                                                                    75                       63,498
   Interest expense                                                                 -                      (11,234)
                                                                      ---------------              ---------------
                                                                                1,902                    2,357,746
                                                                      ---------------              ---------------


         Net (loss) income                                            $      (254,693)             $     2,081,913
                                                                      ===============              ===============

Allocation of net (loss) income
   Limited partner                                                    $      (249,599)             $     2,050,884
   General partner                                                             (5,094)                      31,029
                                                                      ---------------              ---------------
                                                                      $      (254,693)             $     2,081,913
                                                                      ===============              ===============

Basic per limited Partnership unit calculations:
   Net (loss) income                                                  $          (.06)             $           .49
                                                                      ===============              ===============
   Distributions                                                      $          .07               $           .75
                                                                      ===============              ===============

WEIGHTED AVERAGE NUMBER OF UNITS                                           4,148,325                    4,148,325
                                                                      ===============              ===============



</TABLE>




                        See notes to financial statements


                                       3
<PAGE>


                  HEALTHCARE PROPERTIES, L.P. AND SUBSIDIARIES
                        (A Delaware Limited Partnership)

             CONSOLIDATED STATEMENTS OF PARTNERSHIP EQUITY (DEFICIT)
                                   (Unaudited)



<TABLE>
<CAPTION>


                                                    Limited              General
                                                    Partners             Partner               Total
                                                    --------             -------               -----
<S>                                                <C>                 <C>                  <C>
EQUITY (DEFICIT) at
   January 1, 2003                                 $    1,631,431      $    (39,114)        $    1,592,317

   Distributions                                         (300,000)           (6,123)              (306,123)

   Net Loss                                              (249,599)           (5,094)              (254,693)
                                                   --------------      ------------         --------------

EQUITY (DEFICIT) at
   June 30, 2003                                   $    1,081,832      $    (50,331)        $    1,031,501
                                                   ==============      ============         ==============


</TABLE>




















                        See notes to financial statements

                                       4
<PAGE>


                  HEALTHCARE PROPERTIES, L.P. AND SUBSIDIARIES
                        (A Delaware Limited Partnership)

                      CONSOLIDATED STATEMENTS OF CASH FLOWS
                                   (Unaudited)
<TABLE>
<CAPTION>



                                                                                              Six months ended
                                                                                  June 30, 2003              June 30, 2002
                                                                                  -------------              -------------
<S>                                                                               <C>                        <C>

CASH FLOWS FROM OPERATING ACTIVITIES:
   Net (loss) income                                                              $    (254,693)             $   2,081,913
   Adjustments to reconcile net (loss) income to
     net cash used in operating activities:
             (Recoveries) bad debts                                                           -                     (3,514)
             Depreciation and amortization                                                   96                     13,527
             Gain on disposition of property, net                                             -                 (2,283,193)
             Changes in assets and liabilities:
                Accounts receivable                                                           -                     92,699
                Prepaid expenses                                                        (10,125)                         -
                Accounts payable and accrued expenses                                    20,852                   (158,847)
                Security deposits                                                             -                   (101,247)
                                                                                  -------------              -------------

                    NET CASH USED IN
                    OPERATING ACTIVITIES                                               (243,870)                  (358,662)
                                                                                  --------------             --------------

             CASH FLOWS FROM INVESTING ACTIVITY:
                  Proceeds from sale of property                                              -                  4,417,753
                                                                                  -------------              -------------
                    NET CASH PROVIDED BY
                    INVESTING ACTIVITY                                                        -                  4,417,753
                                                                                  -------------              -------------

            CASH FLOWS FROM FINANCING ACTIVITY:
                  Distributions to partners                                            (306,123)                (3,111,816)
                                                                                  -------------              -------------

                    NET CASH USED IN
                    FINANCING ACTIVITY                                                 (306,123)                (3,111,816)
                                                                                  -------------              -------------

NET (DECREASE) INCREASE IN CASH
AND CASH EQUIVALENTS                                                                   (549,993)                   947,275

CASH AND CASH EQUIVALENTS
   Beginning of Period                                                                  643,493                  1,694,546
                                                                                  -------------              -------------

CASH AND CASH EQUIVALENTS
   End of Period                                                                  $      93,500              $   2,641,821
                                                                                  =============              =============

CASH PAID FOR INTEREST                                                            $           -              $      22,304
                                                                                  =============              =============

</TABLE>



                        See notes to financial statements

                                       5
<PAGE>




                  HEALTHCARE PROPERTIES, L.P. AND SUBSIDIARIES
                        (A Delaware Limited Partnership)

                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                             June 30, 2003 and 2002
                                   (Unaudited)

A. ACCOUNTING POLICIES

The accompanying unaudited condensed consolidated financial statements have been
prepared in accordance with generally accepted accounting principles for interim
financial  information and with the  instructions to Form 10-Q and Article 10 of
Regulation  S-X.  Accordingly,  they do not include all of the  information  and
notes  required  by  generally  accepted  accounting   principles  for  complete
consolidated   financial   statements.   In  the  opinion  of  management,   the
accompanying  financial  statements  contain all adjustments,  all of which were
normal  recurring  accruals,   necessary  to  present  fairly  the  Registrant's
consolidated  balance  sheets as of June 30, 2003 and  December  31,  2002,  and
results of operations,  changes in Registrant's  equity (deficit) and cash flows
for six-month  periods  ended June 30, 2003 and 2002.  The results of operations
for the three and  six-month  period  ended  June 30,  2003 are not  necessarily
indicative  of the results for the year ending  December 31, 2003.  The December
31,  2002  consolidated   balance  sheet  has  been  derived  from  the  audited
consolidated  financial statements at that date, but does not include all of the
information and footnotes required by generally accepted  accounting  principles
for  complete  financial  statements.   The  unaudited  condensed   consolidated
financial  statements  should  be  read in  conjunction  with  the  consolidated
financial  statements  and the notes  thereto  included in  Registrant's  annual
report on Form 10-K for the year ended December 31, 2002.

Net income  (loss) of the  Registrant  and taxable  income  (loss) are generally
allocated  98  percent to the  limited  partners  and 2 percent  to the  general
partner.  The net income of the Registrant from the disposition of a property is
allocated  (i) to partners  with deficit  capital  accounts on a pro rata basis,
(ii) to limited partners until they have been paid an amount equal to the amount
of their Adjusted  Investment,  as defined,  (iii) to the limited partners until
they  have  been  allocated  income  equal  to  their  12  percent   Liquidation
Preference,  and (iv)  thereafter,  80 percent to the  limited  partners  and 20
percent  to the  general  partner.  The net  loss  of the  Registrant  from  the
disposition  of a property is allocated (i) to partners  with  positive  capital
accounts  on a pro rata basis and (ii)  thereafter,  98  percent to the  limited
partners and 2 percent to the general  partner.  Distributions of available cash
flow are generally  distributed 98 percent to the limited partners and 2 percent
to the general  partner,  until the  limited  partners  have  received an annual
preferential  distribution,  as  defined.  Thereafter,  available  cash  flow is
distributed  90 percent to the  limited  partners  and 10 percent to the general
partner.

As of June 30, 2003, the Registrant  has one  non-operational  property held for
sale. The Registrant  entered into an Agreement to Sell and Purchase Real Estate
("Agreement")  relating  to the sale of its  Crenshaw  Creek  facility  for $1.1
million.  The  Registrant  expects  this  transaction  to close during the third
quarter of fiscal 2003.  It is the current  intention of the General  Partner to
wind-up the affairs of the  Registrant and cause its existence to be terminated.
The  winding-up  process  will entail  disposing of the  Registrant's  remaining
asset,  paying the  Registrant's  debts and liabilities  and, as required by the
Partnership  Agreement and  applicable  law,  setting up any reserves  which the
General Partner may deem reasonably necessary for any contingent, conditional or
unforeseen liabilities or obligations of the Registrant.  To the extent that the
Registrant has funds in excess of amounts  necessary to satisfy its  obligations
and establish such reserves,  such funds will be distributed to the partners. To
the extent that reserves are not exhausted by future claims, the funds remaining
in such  reserves  will be  distributed  to the partners  after a period of time
necessary to assure that all  currently  contingent,  conditional  or unforeseen
liabilities  or  obligations  of the  Registrant  have  matured  and been  paid.
Management believes there are no adjustments to the June 30, 2003, balances that
would be needed if a liquidation basis of accounting had been adopted as of June
30, 2003.

B. TRANSACTIONS WITH THE GENERAL PARTNER AND AFFILIATES OF THE GENERAL PARTNER

Certain  home office  personnel  who perform  services  for the  Registrant  are
employees  of  Capital  Senior  Living,  Inc.  ("CSL"),  the  managing  agent of
Registrant.  Registrant reimburses CSL for the salaries,  related benefits,  and
overhead

                                       6
<PAGE>


reimbursements  of such  personnel as reflected  in the  accompanying  condensed
consolidated  financial  statements.  Reimbursements  and fees  paid to  Capital
Realty Group Senior Housing, Inc. ("CRGSH") and CSL are as follows:

                                              Six months ended
                                  June 30, 2003               June 30, 2002
                                  -------------               -------------

Administrative reimbursements     $       44,974              $       56,753
General partner fees                           -                         371
                                  --------------              --------------
                                  $       44,974              $       57,124
                                  ==============              ==============

In connection with the sale of the  Hearthstone and Trinity Hills  facilities in
the first quarter of 2002,  the General  Partner was paid fees of $174,000 or 3%
of the sales proceeds as allowed in the Registrant Agreement.

Currently,  Capital  Senior Living  Properties,  Inc.,  formerly an affiliate of
CRGSH,  holds   approximately  57  percent  of  the  outstanding  units  of  the
Registrant.  Registrant is included in the consolidated  financial statements of
Capital Senior Living  Properties,  Inc. and its parent company,  Capital Senior
Living Corporation, a public company that files with the Securities and Exchange
Commission.

On June 10, 1998,  the sole owner of the General  Partner,  Capital Realty Group
Corporation,  sold  all of its  shares  of  CRGSH  common  stock  to  Retirement
Associates,  Inc.  ("Associates").  Mr.  Robert  Lankford  is the  President  of
Associates  and  has  brokered  and  continues  to  broker  real  estate  as  an
independent contractor with Capital Realty Group Corporation and its affiliates.

C. VALUATION OF RENTAL PROPERTY

Generally  accepted  accounting  principles  require  that  Registrant  evaluate
whether an event or  circumstance  has  occurred  that would  indicate  that the
estimated undiscounted future cash flows of its properties,  taken individually,
will be less than the  respective  net book value of the  properties.  If such a
shortfall  exists,  then a  write-down  to fair  value is  recorded.  Registrant
performs such evaluations on an on-going basis. During the six months ended June
30, 2003,  based on  Registrant's  evaluation  of its sole  remaining  property,
Registrant did not record any impairment.

D. DISPOSITION OF PROPERTIES

The Hearthstone  facility was sold on January 1, 2002 for $4,000,000,  resulting
in a gain on sale of  $1,777,113  and net  cash  proceeds  of  $2,641,003  after
payment of settlement costs. The Trinity Hills facility was sold on February 28,
2002 for  $1,800,000,  resulting in a gain of $506,080 and net cash  proceeds of
$1,747,323 after payment of settlement costs.


Item 2. Management's  Discussion and Analysis of Financial Condition and Results
        of Operations

Liquidity and Capital Resources

Registrant commenced an offering to the public on August 31, 1987, of depository
units  representing  beneficial  assignments  of  limited  Registrant  interests
("Units").  On  October  14,  1987,  Registrant  commenced  operations,   having
previously accepted subscriptions for more than the specified minimum of 120,000
Units.  As of August 30, 1989, the offering was closed except for Units for sale
to existing investors under the terms of a distribution reinvestment plan. As of
September 30, 1995,  Registrant had sold Units aggregating  approximately  $43.4
million. Due to the suspension of the distribution reinvestment plan, Registrant
does not anticipate any additional inflow of investment.

All of  the  net  proceeds  of  the  offering  were  originally  invested  in 12
properties or used for working capital reserves.  Registrant  partially financed
the acquisition of eight of its original properties with non-recourse debt. Four
properties  were  initially  unleveraged.  As of June 30,  2003,  eleven  of the

                                       7
<PAGE>

original  twelve  properties  had either been sold or deeded back to the lender,
leaving Registrant one unleveraged  property,  the Crenshaw facility. As of June
30, 2003, the Crenshaw facility is classified as an asset held for sale.

Potential  sources of liquidity for Registrant  include current holdings of cash
and cash equivalents,  collection of outstanding receivables on previously owned
facilities which are fully reserved as of June 30, 2003, collection on defaulted
rent and/or  damage  settlements  related to leases in default,  and a potential
sale of the Registrant's remaining asset.

As of June 30,  2003,  Registrant  had cash  and  cash  equivalents  aggregating
$93,500.  The cash  and  cash  equivalents  will be used  for  working  capital,
emergency reserves, and future potential cash distributions.

Registrant's  general policy is to maintain sufficient cash and cash equivalents
to address continuing  maintenance  expenditures on its remaining asset.  Future
cash  distributions  will be dependent on the sale of its remaining asset.  Cash
and sale  distributions  of $306,123 and $3,111,816 were made for the six months
ended June 30, 2003 and 2002 respectively. The Units are not publicly traded and
as a result the  liquidity of each Limited  Partner's  individual  investment is
limited.

Results of Operations

Discussion of Three Months and Six Months Ended June 30, 2003

Rental  revenues for the six months ended June 30, 2003  decreased  $37,071 from
the  comparable  six  months  ended  June  30,  2002,  due  to the  sale  of the
Hearthstone  and Trinity Hills  facilities  during the six months ended June 30,
2002.  Interest income for the six months ended June 30, 2003 decreased  $20,462
from the six  months  ended  June 30,  2002  primarily  due to  decreasing  cash
available for  investment.  Other income of $63,498 was received  during the six
months  ended June 30,  2002 due to payment  of an  administrative  claim on the
Cambridge facility. A gain of $2,283,193 was recognized for the six months ended
June 30, 2002 due to the sale of the Hearthstone and Trinity Hills facilities.

Depreciation for the six months ended June 30, 2003,  decreased $13,431 from the
comparable  2002 period due to the sale of the  Hearthstone  and  Trinity  Hills
facilities.  Administrative  expenses decreased $46,392 for the six months ended
June 30, 2003 in comparison to 2002 primarily due to decreased  taxes.  Bad debt
recoveries  of $3,514  for the six  months  ended  June 30,  2002 is  related to
account receivable collections from the Cambridge property. Interest expense for
the six months  ended June 30, 2003  decreased  to $0 from the  comparable  2002
period,  due to the  sale of the  Hearthstone  facility  and  retirement  of its
related mortgage.

For the three months ended June 30, 2003 as compared with the three months ended
June 30, 2002,  Registrant's  revenue was impacted by the same shifts of revenue
as discussed  above.  Similarly,  a comparison of second  quarter 2003 operating
expenses  versus second  quarter 2002  reflects the same  variances as discussed
above.

Cash and cash  equivalents  as of June 30, 2003  decreased by $549,993  from the
balance at December 31, 2002.  Cash flows  decreased by  $1,497,268  for the six
months ended June 30, 2003 in  comparison  to the six months ended June 30, 2002
primarily  due to cash  proceeds  from the sale of the  Hearthstone  and Trinity
Hills  facilities and cash  distributions  incurred  during the six months ended
June 30, 2002.  Accounts payable and accrued expenses  increased $20,851 at June
30,  2003,  from the balance at December  31, 2002  primarily  due to  increased
accrued taxes and overhead charges.

Following is a brief discussion of the status of Registrant's properties:

Cedarbrook, Cane Creek, Crenshaw Creek and Sandybrook Facilities

Rebound,  Inc. a subsidiary  of  HealthSouth  Corporation,  formerly  leased the
Cedarbrook,  Crenshaw Creek, Cane Creek and Sandybrook  facilities pursuant to a
master  lease with  Registrant  through the end of the lease term,  November 30,
2001. The Cedarbrook,  Cane Creek and Sandybrook facilities have been previously
sold.

                                       8
<PAGE>

Due to low  occupancy,  HealthSouth  closed the Crenshaw  Creek  facility in May
2000.  HealthSouth  continued to make full lease payments under the terms of the
master  lease on a timely basis  through the end of the lease term.  HealthSouth
transferred  the Crenshaw  Creek  facility to the  Registrant  by the end of its
lease term and the facility is held for sale as of June 30, 2003. The Registrant
entered into an Agreement to sell the Crenshaw  Creek facility for $1.1 million.
The  Registrant  expects this  transaction  to close during the third quarter of
fiscal 2003.


Hearthstone and Trinity Hills Facilities

The Hearthstone lease expired on November 7, 2000. The lessee and the Registrant
attempted to negotiate an extension of the lease, but were unsuccessful in doing
so. On January 18, 2000,  the parent  company of the lessee filed for Chapter 11
bankruptcy in the United States  Bankruptcy  Court for the District of Delaware.
The  Hearthstone  lessee  did not pay its  April  2001  rent to the  Registrant.
Registrant  negotiated  with an  unaffiliated  operator  to take over the lease,
effective  May 1,  2001  for a  five-year  term  through  April  30,  2006.  The
Hearthstone  facility was subsequently  sold and the lease terminated on January
1, 2002 for  $4,000,000,  resulting in a gain on sale of $1,777,113 and net cash
proceeds of $2,641,003 after payment of settlement  costs.  Registrant  received
notice from the original  lessee (who had filed for Chapter 11  bankruptcy) of a
potential  claim  against  Registrant  regarding  ownership  of  the  furniture,
fixtures and equipment at the  Hearthstone  facility.  The  Registrant  has been
released  from this claim.  The Trinity  Hills lease  expired on June 30,  2000,
however,  the lessee continued to lease the facility on a month-to-month  basis.
On  February  2, 2000,  the parent  company of the lessee  filed for  Chapter 11
bankruptcy in the United States  Bankruptcy  Court for the District of Delaware.
The lessee  was  current on its rent and lease  participation  payments  through
December 31, 2001.  Registrant  negotiated with an unaffiliated operator to take
over the lease effective  January 1, 2002 for a five-year term through  December
2006,  with an option to purchase held by the lessee The Trinity Hills  facility
was  subsequently  sold to the  lessee  on  February  28,  2002 for  $1,800,000,
resulting  in a gain of  $506,080  and net cash  proceeds  of  $1,747,323  after
payment of settlement costs.


Item 3.  Quantitative and Qualitative Disclosures About Market Risk

Registrant's primary market risk exposure is from fluctuations in interest rates
and  the  effects  of  those  fluctuations  on the  market  values  of its  cash
equivalent short-term  investments.  The cash equivalent short-term  investments
consist primarily of overnight investments that are not significantly exposed to
interest  rate risk,  except to the extent that  changes in interest  rates will
ultimately affect the amount of interest income earned on these investments.


Item 4. Controls and Procedures

The  Registrant's  General  Partner,  including its Chief Executive  Officer and
Chief Financial Officer,  after evaluating the effectiveness of the Registrant's
disclosure  controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e)
under the  Securities  Exchange Act of 1934) have  concluded  in their  judgment
that, as of the end of the period covered by this quarterly report on Form 10-Q,
the Registrant's  disclosure  controls and procedures were adequate and designed
to  ensure  that  material  information  relating  to  the  Registrant  and  its
subsidiaries would be made known to them.

There were no significant  changes in the Registrant's  internal controls or, to
the General  Partner's  knowledge,  in other  factors  that could  significantly
affect  its  disclosure  controls  and  procedures  subsequent  to the  date  of
evaluation.




                                       9
<PAGE>



PART II.  OTHER INFORMATION

Item 1.  Legal Proceedings

         The  Registrant  has pending  claims  incurred in the normal  course of
         business  that,  in the opinion of  management,  based on the advice of
         legal  counsel,  will  not  have a  material  effect  of the  financial
         statements of the Registrant.


Item 2.  Changes in Securities

         None

Item 3.  Defaults Upon Senior Securities

         None

Item 4.  Submission of Matters to a Vote of Security Holders

         None

Item 5.  Other Information

         None

Item 6.  Exhibits and Reports on Form 8-K

           (A)    Exhibit:

                    31.1 Certification   pursuant   to   Section   302   of  the
                         Sarbanes-Oxley Act of 2002

                    32.1 Certification pursuant to Section 906 of the Sarbanes -
                         Oxley Act of 2002

(B) Reports on Form 8-K:

                  None

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.



HEALTHCARE PROPERTIES, L.P.

By:      CAPITAL REALTY GROUP SENIOR HOUSING, INC.
          General Partner



By:      /s/ Robert Lankford
         --------------------------------
         Robert Lankford
         President (duly authorized officer and principal financial officer)
Date:    August 14, 2003