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 September 30, 1997

                                       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 75240
                     (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
         ---     ---
<PAGE>


                    
                    
PART I.  FINANCIAL INFORMATION


Item 1.  Financial Statements
         --------------------
<TABLE>
<CAPTION>
 
                          HEALTHCARE PROPERTIES, L.P.
                             (A Limited Partnership)

                                 BALANCE SHEETS
                                 --------------

                                                                    September 30, 1997       December 31, 1996
                                                                    ------------------       -----------------
                                                                       (Unaudited)               (Audited)
                                                                       -----------               ---------
                                     ASSETS
                                     ------

<S>                                                                 <C>                      <C>             
Cash and cash equivalents                                           $      9,839,845         $      8,995,455

Accounts receivable, less allowance for doubtful
  accounts of $4,270,655 in 1997 and $4,225,811 in 1996                      765,302                  794,234

Prepaid Expenses and other                                                    61,602                   85,295

Property and improvements, net                                            21,152,138               22,112,619

Deferred charges, less accumulated amortization
  of $846,024 in 1997 and $765,409 in 1996                                   420,564                  499,944
                                                                    ----------------         ----------------


                                                                    $     32,239,451         $     32,487,547
                                                                    ================         ================



                       LIABILITIES AND PARTNERSHIP EQUITY
                       ----------------------------------

Accounts payable and accrued expenses                               $        737,675         $      1,004,204

Operating facility accounts payable                                           45,616                  211,304

Mortgage loans payable                                                     6,822,453                7,207,414
                                                                    ----------------         ----------------

                                                                           7,605,744                8,422,922
                                                                    ----------------         ----------------

Partnership equity:
  Limited partners (4,172,457 units)                                      24,609,884               24,058,684
  General partner                                                             23,823                    5,941
                                                                    ----------------         ----------------
                                                                          24,633,707               24,064,625
                                                                    ----------------         ----------------

                                                                    $     32,239,451         $     32,487,547
                                                                    ================         ================

                       See notes to financial statements
</TABLE>

                                       1
<PAGE>

<TABLE>
<CAPTION>


                           HEALTHCARE PROPERTIES, L.P.
                             (A Limited Partnership)

                             STATEMENT OF OPERATIONS
                           --------------------------
                                                            Three months ended,          Three months ended,
                                                            September 30, 1997           September 30, 1996
                                                            ------------------           ------------------

Revenues:
<S>                                                           <C>                          <C>            
   Rental                                                     $     1,056,067              $     1,115,121
   Net patient services                                             1,173,806                      936,423
                                                              ---------------              ---------------
                                                                    2,229,873                    2,051,544
                                                              ---------------              ---------------


Expenses:
   Facility operating expenses                                      1,106,318                      916,522
   Depreciation                                                       340,960                      342,901
   Lease default expenses                                                   0                       45,869
   Administrative and other                                           378,649                      250,516
   Bad debts                                                           15,000                      294,898
                                                              ---------------              ---------------
                                                                    1,840,927                    1,850,706
                                                              ---------------              ---------------
       Income from operations                                         388,946                      200,838
                                                              ---------------              ---------------


Other income (expenses):
   Interest income                                                     92,821                       59,526
   Interest expenses                                                 (168,828)                    (178,142)
   Amortization                                                       (26,913)                     (28,527)
                                                              ---------------              ---------------
                                                                     (102,920)                    (147,143)
                                                              ---------------              ---------------

         Net income                                           $       286,026              $        53,695
                                                              ===============              ===============

NET EARNINGS PER UNIT                                         $           .07              $           .01
                                                              ===============              ===============

WEIGHTED AVERAGE
   NUMBER OF UNITS                                                  4,172,457                    4,172,457
                                                              ===============              ===============

                       See notes to financial statements
</TABLE>
                                       2


<PAGE>
<TABLE>
<CAPTION>

                           HEALTHCARE PROPERTIES, L.P.
                             (A Limited Partnership)

                             STATEMENT OF OPERATIONS
                          ----------------------------
                                                             Nine months ended,          Nine months ended,
                                                            September 30, 1997           September 30, 1996
                                                            ------------------           ------------------

Revenues:
<S>                                                           <C>                          <C>            
   Rental                                                     $     3,214,040              $     3,563,789
   Net patient services                                             3,669,101                    1,722,662
                                                              ---------------              ---------------
                                                                    6,883,141                    5,286,451
                                                              ---------------              ---------------


Expenses:
   Facility operating expenses                                      3,362,862                    1,653,479
   Depreciation                                                     1,022,880                    1,076,809
   Lease default expenses                                              14,687                      104,084
   Administrative and other                                         1,208,760                      969,788
   Bad debts                                                           43,061                      710,407
                                                              ---------------              ---------------
                                                                    5,652,250                    4,514,567
                                                              ---------------              ---------------
       Income from operations                                       1,230,891                      771,884
                                                              ---------------              ---------------


Other income (expenses):
   Gain on sale                                                             0                      387,528
   Interest income                                                    256,456                      174,067
   Interest expenses                                                 (512,651)                    (608,455)
   Amortization                                                       (80,614)                     (85,581)
                                                              ---------------              ---------------
                                                                     (336,809)                    (132,441)
                                                              ---------------              ---------------

         Net income before extraordinary item                         894,082                      639,443

         Extraordinary item - gain on extinguishment
  of debt                                                                   0                      952,692
                                                              ---------------              ---------------

         Net income                                           $       894,082              $     1,592,135
                                                              ===============              ===============

NET EARNINGS PER UNIT                                         $           .21              $           .37
                                                              ===============              ===============

WEIGHTED AVERAGE
   NUMBER OF UNITS                                                  4,172,457                    4,172,457
                                                              ===============              ===============

                       See notes to financial statements

</TABLE>
                                       3
<PAGE>

<TABLE>
<CAPTION>

                           HEALTHCARE PROPERTIES, L.P.
                             (A Limited Partnership)

                        STATEMENTS OF PARTNERSHIP EQUITY
                        --------------------------------

                                               Limited                  General
                                               Partners                Partners                   Total
                                               --------                --------                   -----

Allocation of Net Earnings
<S>                                         <C>                     <C>                      <C> 
   (Loss)                                               98%                    2%                       100%
                                                       ===                    ==                       ====


EQUITY at
   December 31, 1996                        $   24,058,684          $      5,941             $   24,064,625

Net Income                                         341,844                 6,976                    348,820
                                            --------------          ------------             --------------

EQUITY at
   March 31, 1997                           $   24,400,528          $     12,917             $   24,413,445

Net Income                                         254,051                 5,185                    259,236
                                            --------------          ------------             --------------

EQUITY at
   June 30, 1997                            $   24,654,579          $     18,102             $   24,672,681

Distributions                                     (325,000)                    0                   (325,000)

Net Income                                         280,305                 5,721                    286,026
                                            --------------          ------------             --------------

EQUITY at
   September 30, 1997                       $   24,609,884          $     23,823             $   24,633,707
                                            ==============          ============             ==============


                       See notes to financial statements

</TABLE>

                                       4


<PAGE>
<TABLE>
<CAPTION>
                           HEALTHCARE PROPERTIES, L.P.
                             (A Limited Partnership)

                            STATEMENTS OF CASH FLOWS
                        --------------------------------


                                                                    Nine months ended          Nine months ended
                                                                   September 30, 1997         September 30, 1996
                                                                   ------------------         ------------------

CASH FLOWS FROM OPERATING ACTIVITIES:
<S>                                                                   <C>                       <C>          
   Net Income                                                         $     894,082             $   1,592,135
   Adjustments to reconcile net loss to
     net cash provided by operating activities:
         Gain on extinguishment of debt                                           0                  (702,692)
         Gain on sale                                                             0                  (637,528)
         Bad debts                                                           43,061                   710,407
         Depreciation and amortization                                    1,103,494                 1,162,390
         Changes in assets and liabilities:
             Accounts receivable                                            (14,129)               (1,071,427)
             Prepaid expenses                                                23,693                    25,802
             Deferred charges                                                (1,234)                        0
             Accounts payable &
               accrued expenses                                            (432,217)                  494,816
                                                                      -------------             -------------

                    NET CASH PROVIDED BY
                    OPERATING ACTIVITIES                                  1,616,750                 1,573,903
                                                                      -------------             -------------

CASH FLOWS FROM INVESTING ACTIVITIES:
  Proceeds on sale of property                                                    0                 2,246,114
  Purchases of property and improvement                                     (62,399)                  (19,624)
                                                                      -------------             -------------
                    NET CASH (USED) PROVIDED IN
                    INVESTING  ACTIVITIES
                                                                            (62,399)                2,226,490
                                                                      -------------             -------------

CASH FLOWS FROM FINANCING ACTIVITIES:
       Payments on mortgage loans payable                                  (384,961)               (2,440,562)
       Distributions                                                       (325,000)                        0
                                                                      -------------             -------------
                    NET CASH USED IN
                    FINANCING ACTIVITIES                                   (709,961)               (2,440,562)
                                                                      -------------             -------------

NET INCREASE IN CASH
AND CASH EQUIVALENTS                                                        844,390                 1,359,831

CASH AND CASH EQUIVALENTS
   Beginning of Period                                                    8,995,455                 7,606,857
                                                                      -------------             -------------

CASH AND CASH EQUIVALENTS
   End of Period                                                      $   9,839,845             $   8,966,688
                                                                      =============             =============

                       See notes to financial statements
</TABLE>
                                       5

<PAGE>

                           HEALTHCARE PROPERTIES, L.P.
                             (A Limited Partnership)

                          NOTE TO FINANCIAL STATEMENTS
                      Nine months ended September 30, 1997
                                   (Unaudited)

A.   ACCOUNTING POLICIES

     The  accompanying   unaudited  condensed  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
footnotes  required by generally  accepted  accounting  principles  for complete
financial statements. In the opinion of management,  all adjustments (consisting
of normal recurring accruals) considered necessary have been included. Operating
results are not  necessarily  indicative of the results that may be expected for
the year ending  December 31, 1997. The financial  statements  should be read in
conjunction with the consolidated financial statements and the footnotes thereto
included in Registrant's  annual report on Form 10-K for the year ended December
31, 1996.


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

     Effective July 1, 1993, Capital Realty Group Senior Housing, Inc. ("CRGSH")
replaced  Jacques-Miller,  Inc.  and  Jacques and  Associates,  L.P. as the sole
General Partner of the Registrant.

     Personnel  working at the Property sites and certain home office  personnel
who perform  services for the Registrant are employees of Capital Senior Living,
Inc.  (CSL),  an  affiliate  of CRGSH.  The  Registrant  reimburses  CSL for the
salaries,  related  benefits,  and overhead  reimbursements of such personnel as
reflected in the accompanying financial statements. Reimbursements and fees paid
to the general partner and affiliates of the general partner are as follows:

<TABLE>
<CAPTION>

                                                        Nine months ended          Nine months ended
                                                       September 30, 1997         September 30, 1996

<S>                                                       <C>                       <C>          
Salary and benefit reimbursements                         $    2,380,491            $   1,066,835
Administrative reimbursements                                    171,401                  220,019
Asset management fees                                            345,967                  560,477
Property management fees                                         251,725                  117,465
General partner management fees                                   68,101                   48,485
                                                          --------------            -------------
                                                          $    3,217,685            $   2,013,281
                                                          ==============            =============
</TABLE>

     Currently, Capital Senior Living Communities,  L.P., an affiliate of CRGSH,
holds approximately 56% of the outstanding Units of the Registrant.


C.   VALUATION OF RENTAL PROPERTY

     Generally  accepted  accounting  principles  require  that  the  Registrant
evaluate  whether it is probable  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 and is material,
then a write-down is warranted.  The Registrant  performs such evaluations on an
on-going basis.  During the nine months ended  September 30, 1997,  based on the
Registrant's  evaluation of the properties,  the Registrant did not believe that
any additional write-down was warranted.

                                       6

<PAGE>

     The balance sheet of the  Registrant as of September 30, 1997,  shows total
assets of $32,239,451, total liabilities of $7,605,744, and Registrant equity of
$24,633,707.


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  partnership
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,  1997,   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.  The  Registrant  partially
financed the acquisition of eight of its original  properties with  non-recourse
debt. Four properties were initially unleveraged. As of September 30, 1997, four
of the  original  twelve  properties  had either been sold or deeded back to the
lender,  leaving the Registrant  with four  properties  secured by debt and four
properties unleveraged.

     Potential  sources  of  liquidity  for  Registrant  include  collection  of
outstanding  receivables and/or revenue  participation related to various leased
facilities,  collection on defaulted rent and/or damage  settlements  related to
leases  in  default,  new  mortgage  financing  on one or more  of  Registrant's
unencumbered  assets,  and a potential  sale of one or more of the  Registrant's
assets.

     As of  September  30,  1997,  Registrant  had  cash  and  cash  equivalents
aggregating  $9,839,845.  The cash and cash equivalents will be used for working
capital, emergency reserves, and other restructuring requirements.

     Registrant's  general  policy  is to  maintain  sufficient  cash  and  cash
equivalents  to address  disruptions  of its lease revenues and to have adequate
additional  funds for  investment in existing  assets for  improvements.  To the
extent that Registrant  deems it necessary to take over the operations of any of
its facilities  currently  under long term net lease,  such action would require
additional  investment  in  working  capital  for  operating  reserves,  capital
expenditures  and related debt  payments.  As a consequence  of prior  defaults,
Registrant  suspended cash  distributions  on July 1, 1991,  pending  successful
resolution of the various problems within its portfolio.  Due to the uncertainty
of the  timing and  conditions  under  which the  Liquidity  Reserve  (which was
suspended in March of 1991) might be reactivated, on August 15, 1991, Registrant
ceased accepting additional liquidation requests. As required by the Partnership
Agreement,  for  Limited  Partners to be paid their  portion for federal  income
taxes, a $250,000 and $325,000 cash  distribution was made in June 1993 and July
1997,  respectively.  Future cash  distributions will be dependent upon improved
operational income and successful  refinancing on certain Registrant  mortgages.
The Units are not publicly  traded and as a result the liquidity of each Limited
Partner's individual investment is limited.

                                       7

<PAGE>


Results of Operations
---------------------

               Discussion of Nine Months Ending September 30, 1997
               ---------------------------------------------------

     Rental  revenues for the nine months ended  September  30, 1997,  decreased
$349,749 from the  comparable  nine months ended  September 30, 1996, due to the
termination of lease  accruals with the prior lessee of the Cambridge  facility.
Net patient  services for the nine months ended  September  30, 1997,  increased
$1,946,439 from the nine months ended  September 30, 1996. Net patient  services
for the nine months  ended  September  30, 1997 is for the  Cambridge  facility,
which Registrant  assumed management of in August 1996, and net patient services
for the nine months ended  September 30, 1996 is for the  Countryside  facility,
which was sold in May 1996.  Interest income for the nine months ended September
30,  1997  increased  $82,389  from the nine  months  ended  September  30, 1996
primarily  due to  rising  interest  rates and  increasing  cash  available  for
investment.

     Facility  operating  expenses for the nine months ended September 30, 1997,
increased by $1,709,383  from the  comparable  1996 period.  Facility  operating
expenses  for the nine months  ended  September  30,  1997 and 1996  include the
operating expenses of the Cambridge Nursing Home and Countryside,  respectively.
Depreciation  for the nine months ended  September 30, 1997,  decreased  $53,929
from  the  comparable  1996  period  and is  primarily  due to the  loss  of the
Countryside  facility.  Lease  default  expense  decreased  $89,397 for the nine
months  ended  September  30,  1997  from  the  comparable  1996  period  due to
decreasing   legal  fees  incurred  on  the  resolution  of  defaulted   leases.
Administrative  expenses,  including  fees  to the  General  Partner,  increased
$238,972 for the nine months ended  September 30, 1997 in comparison to 1996 and
is primarily due to increased  professional  fees and management  fees. Bad debt
expense for the nine months ended September 30, 1997 decreased $667,346 from the
comparable  1996 period  primarily due to the  decreasing  bad debt provision on
Partnership  advances and rent  provisions to the Cambridge  facility.  Interest
expense and  amortization for the nine months ended September 30, 1997 decreased
by $95,804 and $4,967,  respectively,  from the comparable  1996 period,  and is
primarily due to the loss of the Countryside facility.

     During the second quarter 1996, the Partnership incurred a $387,528 gain on
sale and $952,692  extraordinary  gain on extinguishment of debt due to the sale
of the Countryside facility.

     For the three months ended  September  30, 1997 as compared  with the three
months ended September 30, 1996, the  Partnership's  revenue was impacted by the
same shifts of revenue as discussed  above.  Similarly,  a  comparison  of third
quarter 1997  operating  expenses  versus third  quarter 1996  reflects the same
variances as discussed above.

     Cash and cash equivalents as of September 30, 1997 increased  $844,390 over
the balance at December  31, 1996.  Cash  decreased  for the nine months  ending
September 30, 1997 in comparison to 1996 is primarily due to cash distributions.
Net accounts  receivable of $765,302 at September 30, 1997  reflected a decrease
of $28,932 over 1996 year-end balances.  Accounts payable, accrued expenses, and
facility  accounts  payable balances  decreased  $432,217 at September 30, 1997,
from December 31, 1996 and is primarily  due to the payment of accrued  Medicaid
liabilities on the Countryside facility.

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

     Cedarbrook, Cane Creek, Crenshaw Creek and Sandy Brook facilities. Rebound,
Inc. (a subsidiary  of  HealthSouth  Corporation)  leases the  Cedarbrook,  Cane
Creek, Crenshaw Creek and Sandy Brook properties pursuant to a master lease with
the Registrant.

     Due to low occupancy of the Sandybrook facility,  it was closed in 1994 and
at this  time the  lessee  has not  provided  any  information  on when it might

                                       8

<PAGE>

reopen. Rental payments in March and April 1995 were discontinued by HealthSouth
causing an interruption in the master lease. Registrant met with HealthSouth and
those payments were subsequently made in the second quarter of 1995.  Subsequent
to that time period,  all payments have been made on a timely basis. In February
1997,  the  Registrant  was  notified  by  HealthSouth  of  the  closing  of the
Cedarbrook  facility  due to the low  occupancy.  At this time,  the  Registrant
cannot  determine when this facility might reopen.  HealthSouth has continued to
make lease payments on a timely basis.

     Two recourse loans,  Cedarbrook and Cane Creek, were due in January 1996 in
the  aggregate  amount of  approximately  $2,400,000.  Both of these  notes were
callable by the lenders at any time  between  January 1, 1993 and  November  30,
1995;  however,  the lenders  agreed not to exercise  their call rights prior to
maturity on January 31, 1996 as long as the  Partnership  remained in compliance
with the loan agreements.  One of the lenders agreed to extend the maturity date
of its note to December 1, 2001, pending completion of final loan documents.  On
March 21, 1997,  the other  lender  agreed not to exercise its call rights until
June 30, 1997.  The  Partnership is currently  negotiating  the extension of the
note until December 1, 2001.

     Countryside facility.  The mortgage loan on Countryside was in default from
April 1992 onward. On May 1, 1996, Registrant sold the Countryside facility to a
third party buyer for  $2,200,000.  With the sale proceeds,  Registrant paid off
the lender on Countryside  an amount agreed to by the lender in full  settlement
of all obligations to the lender.  Registrant netted $26,000 as a result of this
agreed  upon sale.  Registrant  also  obtained a full  release of all  potential
liability from the lender.

     Cambridge facility.  The lessee of the Cambridge facility,  Nursing Centers
of  America-Cambridge  ("NCAC") , filed a voluntary petition under Chapter 11 of
the Federal  Bankruptcy  Code in February of 1992. On August 1, 1996, the United
States Bankruptcy Court approved the transfer of the operations of NCA Cambridge
Nursing Home to Cambridge LLC, a subsidiary of the Registrant, thereby releasing
the  operations  of the  facility  from the  jurisdiction  of the United  States
Bankruptcy Court.

     Trinity Hills, McCurdy, and Hearthstone facilities.  The Registrant's other
facility  lessees are all current in their lease  obligations to the Registrant.
In addition,  the  Registrant  believes it likely that two of these lessees will
pay additional  rental amounts to the Registrant  during future years based upon
increased  revenues at those facilities.  However,  there can be no assurance of
such increased  revenue.  Two of these  facilities  appear to be generating cash
flow sufficient to fund their lease  obligations,  but Trinity Hills is, at this
time, not generating  sufficient  cash flow to fund its lease  obligations  from
property  operations.  However,  the lessee  continues to fund the deficit lease
cash flow.

Item 3. Quantitative and Qualitative Disclosures About Market Risk
        ----------------------------------------------------------

         Not applicable.


         PART II.  OTHER INFORMATION

Item 1. Legal Proceedings
        -----------------

     Registrant has been engaged in litigation in an attempt to recover  damages
from  defaulting  lessees and their  guarantors.  Such  actions  involve  claims
against a prior  operator  of the  Diablo/Tamarack  facility.  In certain  cases
counterclaims   against   Registrant  have  been  either  threatened  or  filed.
Registrant  does not believe any  materially  adverse  judgments are likely from
these counter claims.


                                       9

<PAGE>


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
        -----------------

     Through  September  30,  1997,  Capital  Senior  Living  Communities,  L.P.
("CSLC"),  an affiliate of CRGSH,  acquired  additional  Units of Registrant and
thereby  now  holds  approximately  56% of the  Units  of  Registrant.  CSLC has
acquired the Units for cash for investment purposes. Messrs. Jeffrey L. Beck and
James A. Stroud,  the beneficial owners of CRGSH, are also the beneficial owners
of the  general  partner  of CSLC and  beneficially  own in excess of 50% of the
outstanding equity units of CSLC.

     On November 3, 1997,  CLSC sold all of the units of the  Registrant it held
to Capital Senior Living Properties, Inc., an affiliate of CRGSH, in conjunction
with the initial public  offering of its parent  company,  Capital Senior Living
Corporation.  Messrs.  Jeffrey L. Beck and James A. Stroud own approximately 45%
of Capital Senior Living Corporation's outstanding stock. In connection with the
sale of its investment in the Registrant,  and in compliance with Section 16b of
the  Securities  and Exchange  Act,  CSLC  subsequently  paid to the  Registrant
$440,007 in short swing  profits made on purchases  of the  Registrant's  equity
securities within a six month period prior to the sale.

Item 6. Exhibits and Reports on Form 8-K
        --------------------------------

         None.

                                       10
<PAGE>


     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/ Keith Johannessen
         -------------------------------------
         Keith Johannessen
         President



By:      /s/ James A. Stroud
         -------------------------------------
         James A. Stroud
         Chief Operating Officer

Date:    November 11, 1997