<PAGE>   1

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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                                    FORM 10-Q


(Mark One)

[X]       QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
          EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED MARCH 31, 2001

                                       OR

[ ]       TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
          EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM ________ TO
          ___________


                         COMMISSION FILE NUMBER: 0-26468


                           AMERICAN RETIREMENT VILLAS
                               PROPERTIES II, L.P.
             (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)


            CALIFORNIA                                  33-0278155
 (STATE OR OTHER JURISDICTION OF           (I.R.S. EMPLOYER IDENTIFICATION NO.)
  INCORPORATION OR ORGANIZATION)

          245 FISCHER AVENUE, D-1 COSTA MESA, CA               92626
         (ADDRESS OF PRINCIPAL EXECUTIVE OFFICE)             (ZIP CODE)

   REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE:     (714) 751-7400

    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 the past 90 days.

                                 Yes [X] No [ ]

     The aggregate market value of the voting units held by non-affiliates of
registrant, computed by reference to the price at which units were sold, was
$16,696,569 (for purposes of calculating the preceding amount only, all
directors, executive officers and unitholders holding 5% or greater of the
registrant's units are assumed to be affiliates). The number of Units
outstanding as of May 15, 2001 was 35,020.

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<PAGE>   2

PART I - FINANCIAL INFORMATION
ITEM 1 - FINANCIAL STATEMENTS

                    American Retirement Villas Properties II
                       (a California limited partnership)
                            Condensed Balance Sheets
                                   (Unaudited)
                                 (In thousands)

                                     ASSETS

<TABLE>
<CAPTION>
                                                                                   MARCH 31,      DECEMBER 31,
                                                                                     2001             2000
                                                                                   ---------      ------------
<S>                                                                                <C>            <C>

Properties, at cost:
     Land                                                                          $ 11,453         $ 11,453
     Buildings and improvements, less accumulated depreciation of
       $8,339 and $8,120 at March 31, 2001 and December 31, 2000,
       respectively                                                                  20,227           20,157
     Leasehold property and improvements, less accumulated depreciation of
       $1,282 and $1,274 at March 31, 2001 and December 31,
       2000, respectively                                                               225              222
     Furniture, fixtures and equipment, less accumulated depreciation of
       $1,617 and $1,497 at March 31, 2001 and December 31, 2000,
       respectively                                                                   1,167            1,190
                                                                                   --------         --------
               Net properties                                                        33,072           33,022

Cash and cash equivalents                                                             2,587            2,177
Other assets, including impound accounts of $3,498 and $2,974  at March 31,
  2001 and December 31, 2000, respectively                                            4,852            4,357
                                                                                   --------         --------
                                                                                   $ 40,511         $ 39,556
                                                                                   ========         ========

                                     LIABILITIES AND PARTNERS' CAPITAL

Notes payable                                                                      $ 41,850         $ 41,226
Accounts payable                                                                        297              341
Accrued expenses                                                                      1,791            1,492
Amounts payable to affiliate                                                            109              128
Distributions payable to Partners                                                         4               25
                                                                                   --------         --------
               Total liabilities                                                     44,051           43,212
                                                                                   --------         --------

Partners' capital (deficit):
     General partners' capital                                                            1                1
     Special limited partners                                                           111              111
     Limited partners' capital, 35,020 units outstanding                             (3,652)          (3,768)
                                                                                   --------         --------
               Total partners' capital                                               (3,540)          (3,656)
                                                                                   --------         --------
Commitments and contingencies
                                                                                   $ 40,511         $ 39,556
                                                                                   ========         ========
</TABLE>


         See accompanying notes to the unaudited financial statements.



                                       2
<PAGE>   3

                    American Retirement Villas Properties II
                       (a California limited partnership)
                       Condensed Statements of Operations
                                   (Unaudited)
                        (In thousands, except unit data)

<TABLE>
<CAPTION>
                                                         FOR THE THREE MONTHS
                                                            ENDED MARCH 31,
                                                        -----------------------
                                                         2001            2000
                                                        -------         -------
<S>                                                     <C>             <C>

Revenues:
     Rent                                               $ 4,670         $ 4,157
     Assisted living                                        927             912
     Interest and other                                     120             106
                                                        -------         -------
 Total revenues                                           5,717           5,175
                                                        -------         -------

Costs and expenses:
     Rental property operations                           3,011           2,771
     Assisted living                                        683             699
     General and administrative                             167             121
     Communities rent                                        92              88
     Depreciation and amortization                          440             578
     Property taxes                                         203             164
     Advertising                                             57             110
     Interest                                               891             904
                                                        -------         -------
Total costs and expenses                                  5,544           5,435
                                                        -------         -------
Income (loss) from operations  before income tax
  expense and extraordinary item                            173            (260)
     Income tax expense                                      --               2
                                                        -------         -------
Income (loss) from operations before
  extraordinary item                                        173            (262)
Extraordinary loss from extinguishment of debt
  due to refinancing                                        (56)             --
                                                        -------         -------
Net income (loss)                                       $   117         $  (262)
                                                        =======         =======

Income (loss) per limited partner unit
   Income (loss) before extraordinary item              $  5.14         $ (7.42)
   Net loss from extraordinary item                       (1.84)             --
                                                        -------         -------
   Net income (loss)                                    $  3.30         $ (7.42)
                                                        =======         =======
</TABLE>


         See accompanying notes to the unaudited financial statements.



                                       3
<PAGE>   4

                    American Retirement Villas Properties II
                       (a California limited partnership)
                       Condensed Statements of Cash Flows
                                   (Unaudited)
                                 (In thousands)

<TABLE>
<CAPTION>
                                                                           FOR THE THREE MONTHS
                                                                              ENDED MARCH 31,
                                                                         ------------------------
                                                                           2001            2000
                                                                         --------         -------
<S>                                                                      <C>              <C>

Cash flows from operating activities:
  Net income (loss)                                                      $    117         $  (262)
  Adjustments to reconcile net income to net cash provided by
   operating activities:
  Depreciation and amortization                                               440             578
  Extraordinary loss from extingishment of debt                                56              --
  Change in assets and liabilities:
     (Increase) decrease in other assets                                     (330)            394
     Increase (decrease) in accounts payable & accrued expenses               254             142
     Increase (decrease) in amounts payable to affiliates                     (19)           (110)
                                                                         --------         -------
              Net cash provided by operating activities                       518             742
                                                                         --------         -------

Cash flows used in investing activities:
  Capital expenditures                                                       (341)           (346)
  Refund of purchase deposit, net                                              --              (1)
                                                                         --------         -------
             Net cash used in investing activities                           (341)           (347)
                                                                         --------         -------

Cash flows provided by (used in) financing activities:
  Principal repayments on notes payable                                    (9,603)           (120)
  Proceeds from notes payable                                              10,227              --
  Mortgage Insurance                                                         (200)             --
  Loan fees                                                                  (170)             --
  Distributions paid                                                          (21)            (49)
                                                                         --------         -------
              Net cash provided by (used in) financing activities             233            (169)
                                                                         --------         -------

Net increase in cash                                                          410             226
Cash at beginning of period                                                 2,177           2,002
                                                                         --------         -------
Cash at end of period                                                    $  2,587         $ 2,228
                                                                         ========         =======

Supplemental disclosure of cash flow information -
    Cash paid during the period for interest                             $    680         $   904
                                                                         ========         =======
</TABLE>


         See accompanying notes to the unaudited financial statements.


                                       4
<PAGE>   5

                 American Retirement Villas Properties II, L.P.
                       (a California limited partnership)
                     Notes to Condensed Financial Statements
                                   (Unaudited)

                                 March 31, 2001

(1) SIGNIFICANT ACCOUNTING POLICIES

BASIS OF PRESENTATION

BASIS OF ACCOUNTING

    American Retirement Villas Properties II maintains records on the accrual
method of accounting for financial reporting and Federal and state tax purposes.

PRINCIPLES OF CONSOLIDATION

    The consolidated financial statements include the accounts of the
Partnership and its subsidiaries. Subsidiaries, which include limited
partnerships and limited liability companies in which we have controlling
interests, have been consolidated into the financial statements. All significant
intercompany balances and transactions have been eliminated in consolidation.

CARRYING VALUE OF REAL ESTATE

    Property, furniture and equipment are stated at cost less accumulated
depreciation which is charged to expense on a straight-line basis over the
estimated useful lives of the assets as follows:

          Buildings and improvements......................    27.5 to 35 years
          Leasehold property and improvements.............    Lease term
          Furniture, fixtures and equipment...............    3 to 7 years

    We review our long-lived assets for impairment when events or changes in
circumstances indicate that the carrying amount of the assets may not be
recoverable. In reviewing recoverability, we estimate the future cash flows
expected to result from using the assets and eventually disposing of them. If
the sum of the expected future cash flows (undiscounted and without interest
charges) is less than the carrying amount of the asset, an impairment loss is
recognized based upon the asset's fair value.

USE OF ESTIMATES

    In the preparation of our financial statements in conformity with generally
accepted accounting principles, we have made estimates and assumptions that
affect the following:

o   reported amounts of assets and liabilities at the date of the financial
    statements;

o   disclosure of contingent assets and liabilities at the date of the financial
    statements; and

o   reported amounts of revenues and expenses during the reporting period.

    Actual results could differ from those estimates.

IMPOUND ACCOUNTS

    The U.S. Department of Housing and Urban Development ("HUD") finances
certain of our properties. HUD holds our funds in impound accounts for payment
of property taxes, insurance and future property improvements (replacement
reserves) on these properties. We include these impound accounts in other
assets.


                                       5
<PAGE>   6

LOAN FEES

    We amortize loan fees using the interest method over the term of the notes
payable and include them in other assets.

REVENUE RECOGNITION

    Rent agreements with tenants are on a month-to-month basis. We apply advance
deposits to the first month's rent. Revenue is recognized in the month earned
for rent and assisted living services.

(2) TRANSACTIONS WITH AFFILIATES

We have an agreement with ARV Assisted Living, Inc. ("ARV"), our Managing
General Partner, providing for a property management fee of five percent of
gross revenues amounting to $284,000 and $257,000 for the three-month periods
ended March 31, 2001 and 2000, respectively. Additionally, we pay to ARV a
partnership management fee of ten percent of cash flow before distributions, as
defined in the Partnership Agreement, which amounted to $84,000 and $43,000 for
the three-month periods ended March 31, 2001 and 2000, respectively.

(2) NOTES PAYABLE

    Notes payable consist of the following at March 31, 2001 and December 31,
2000 (in thousands):

<TABLE>
<CAPTION>
                                                                                  MARCH 31,     DECEMBER 31,
                                                                                     2001           2000
                                                                                  ---------     ------------
<S>                                                                               <C>           <C>

     Notes payable, bearing interest at fixed rate of 9.15, payable in
     monthly installments of principal and interest totaling $16.2
     collateralized by property, maturities ranging from January 2001
     through January 2002 .................................................        $ 1,870        $11,448
     Notes payable, bearing interest at rates of 7.75% and 8.06%, payable
     in monthly installments of principal and interest totaling $283.0
     collateralized by property, maturities ranging from January
     2036 to March 2036 ...................................................         39,980         29,778
                                                                                   -------        -------
                                                                                    41,850         41,226
     Less amounts payable in the next year ................................          2,090          3,866
                                                                                   -------        -------
                                                                                   $39,760        $37,360
                                                                                   =======        =======
</TABLE>

    The future annual principal payments of the notes payable at March 31, 2001
are as follows (in thousands):

<TABLE>
<S>                                                                    <C>
          Twelve month period ending March 31, 2002............        $2,090
          Twelve month period ending March 31, 2003............           240
          Twelve month period ending March 31, 2004............           260
          Twelve month period ending March 31, 2005............           281
          Twelve month period ending March 31, 2006............           304
          Thereafter...........................................        38,675
                                                                       ------
                                                                      $41,850
</TABLE>

In the quarter ended March 31, 2001, certain notes payable were refinanced and
the prior debt extinguished, resulting in an extraordinary loss due to the
remaining costs which were written off at the time of the refinancing.


                                       6
<PAGE>   7

ITEM 2 - MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
         OF OPERATIONS

RESULTS OF OPERATIONS

                   Operating Results Before Extraordinary Item
               For the Three Months Ended March 31, 2001 and 2000
                                   (Unaudited)
                                  (In millions)

<TABLE>
<CAPTION>
(DOLLARS IN MILLIONS)                                                  For the
                                                                  Three Months Ended
                                                                       March 31,
                                                                  ------------------     Increase/
                                                                   2001        2000      (decrease)
                                                                  ------      ------     ----------
<S>                                                               <C>         <C>        <C>

     Revenues:
       Assisted living community revenue .................        $  5.6      $  5.1        10.42%
       Interest and other revenue ........................           0.1         0.1        12.85%
                                                                  ------      ------       ------
               Total revenues ............................           5.7         5.2        10.47%
                                                                  ------      ------       ------
     Costs and expenses:
       Assisted living operating expenses ................           3.7         3.5         6.48%
       General and administrative ........................           0.2         0.1        38.42%
       Communities rent ..................................           0.1         0.1         4.68%
       Depreciation and amortization .....................           0.4         0.6       (23.96)%
       Property taxes ....................................           0.2         0.2        23.32%
       Advertising .......................................           0.0         0.1       (47.95)%
       Interest ..........................................           0.9         0.9        (1.47)%
                                                                  ------      ------       ------
               Total costs and expenses ..................           5.5         5.5         2.01%
                                                                  ------      ------       ------
               Net income (loss) before extraordinary loss        $  0.2      $ (0.3)      165.89%
                                                                  ======      ======       ======
</TABLE>

Assisted living community revenue increased $0.5 million, or 10.42%, from $5.1
million for the quarter ended March 31, 2000 to $5.6 million for the quarter
ended March 31, 2001 primarily due to the following:

    o   an increase in the average rate per occupied unit to $2,230 for the
        three-month period ended March 31, 2001 as compared with $2,099 for the
        three-month period ended March 31, 2000; and

    o   an increase in average occupancy for our assisted living communities to
        90.7% for the three-month period ended March 31, 2001 as compared with
        88.0% for the three-month period ended March 31, 2000.

Interest and other revenue remained relatively constant.

Assisted living operating expenses increased $0.2 million, or 6.48%, from $3.5
million for the quarter ended March 31, 2000 to $3.7 million for the quarter
ended March 31, 2001 primarily due to the following:

    o   increased wages of staff;

    o   incentive programs; and

    o   increased worker's compensation premiums.

General and administrative expense increased $0.05 million, or 38.42%, from
$0.12 million for the quarter ended March 31, 2000 to $0.17 million for the
quarter ended March 31, 2001 primarily due to inflation.

Community rent expense remained relatively constant.

Depreciation and amortization expense decreased $0.2 million, or 23.96%, from
$0.6 million for the quarter ended March 31, 2000 to $0.4 million for the
quarter ended March 31, 2001 primarily due to the reduced amortization of loan
fees as a result of the refinancing of certain loans.

Property tax expense increased 23.32% due to increased property values for the
quarter ended March 31, 2001 compared to the quarter ended March 31, 2000.

The decrease in advertising expenses is due to decreased advertising in the 2001
quarter.

Interest expense remained relatively constant as the increase in debt was offset
by lower interest rates.


                                       7
<PAGE>   8

LIQUIDITY AND CAPITAL RESOURCES

Our unrestricted cash balances were $2.6 million and $2.2 million at March 31,
2001 and December 31, 2000, respectively. We expect the cash generated from
operations from our properties and our ability to refinance certain ALCs will be
adequate to pay operating expenses, make necessary capital improvements, and
meet required principal reductions of debt. On a long-term basis, our liquidity
is sustained primarily from cash flow provided by operating activities.

During the quarter ending March 31, 2001 cash provided by operating activities
was $0.5 million compared $0.7 million during the quarter ending March 31, 2000.

    The cash provided by operating activities during the quarter ended March 31,
2001 was a result of:

    net income of $0.1 million, adjusted for non-cash charges of:

    o   $0.4 million of depreciation and amortization expense;

    o   $0.3 million increase in net liabilities; and

    o   $0.1 million from extraordinary loss from write off of loan fees; offset
        by

    o   $0.3 million increase in other assets.

During the quarter ended March 31, 2001 cash used in investing activities was
$0.3 million compared to cash used in investing activities of $0.3 million
during the quarter ended March 31, 2000.

The cash used by investing activities during the 2001 quarter was primarily the
result of $0.3 million for purchase of furniture and equipment.

During the quarter ended March 31, 2001 cash provided by financing activities
was $0.2 million as compared to cash used in financing activities of $0.2
million for the quarter ended March 31, 2000.

    The cash provided by financing activities during 2001 quarter was a result
of:

    o   $10.2 million of borrowing under notes payable; offset by:

    o   $9.6 million of repayments of notes payable; and

    o   $0.2 million of mortgage insurance.

    o   $0.2 million of loan fees.

As of March 31, 2001, of our 10 assisted living communities, 8 are owned
directly, one is operated under a long-term operating lease, and one is owned
subject to a ground lease.

We contemplate spending approximately $835,000 for capital expenditures during
2001 for physical improvements at our communities. As of March 31, 2001 we have
made approximately $341,000 in capital expenditures. Funds for these
improvements are expected to be available from operations.

We are not aware of any trends, other than national economic conditions which
have had, or which may be reasonably expected to have, a material favorable or
unfavorable impact on the revenues or income from the operations or sale of
properties. We believe that if the inflation rate increases we will be able to
pass the subsequent increase in operating expenses onto the residents of the
communities by way of higher rental and assisted living rates. The
implementation of price increases is intended to lead to an increase in revenue,
however, those increases may result in an initial or permanent decline in
occupancy and/or a delay in increasing occupancy. If this occurs, revenues may
remain constant or decline.

ITEM 3. QUANATITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

We are exposed to market risks related to fluctuations in the interest rates on
our fixed rate notes payable. With respect to our fixed rate notes payable,
changes in the interest rates affect the fair market value of the notes payable,
but not our earnings or cash flows. We do not have an obligation to prepay fixed
rate debt prior to maturity, and as a result, interest rate risk and changes in
fair market value should not have a significant impact on the fixed rate debt
until the earlier of maturity and any required refinancing of such debt. We do
not currently have any variable interest rate debt and, therefore, are not
subject to interest rate risk associated with variable interest rate debt.
Currently, we do not utilize interest rate swaps.

Less than 1% of our total assets and total contract revenues as of and for the
periods ended March 31, 2001 and 2000 were denominated in currencies other than
the U.S. Dollar; accordingly, we believe that we have no material exposure to
foreign currency


                                       8
<PAGE>   9

exchange risk. This materiality assessment is based on the assumption that the
foreign currency exchange rates could change unfavorably by 10%. We have no
foreign currency exchange contracts.

PART II - OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS

We are from time to time subject to lawsuits and other matters in the normal
course of business. While we cannot predict the results with certainty, we do
not believe that any liability from any such lawsuits or other matters will have
a material effect on our financial position, results of operations, or
liquidity.

ITEM 2. CHANGES IN SECURITIES

None.

ITEM 3. DEFAULTS UPON SENIOR SECURITIES

None.

ITEM 4. SUBMISSION OF MATTER TO A VOTE OF SECURITY-HOLDERS

None.

ITEM 5. OTHER INFORMATION

None.

ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K

No reports on 8K were filed for the quarter ending March 31, 2001.

<TABLE>
<S>                 <C>

Exhibit 10.1        Loan Agreement by and between Banc One Capital Funding Corporation and Retirement Inns II, LLC, incorporated
                    by reference to 10Q for June 30, 1999 filed August 2, 1999.

Exhibit 10.4        Loan Agreement by and between Banc One Capital Funding Corporation and Retirement Inns II, LLC(1) LLC,
                    incorporated by reference to 10Q for June 30, 1999 filed August 2, 1999.

Exhibit 10.5        Loan Agreement by and between Banc One Capital Funding Corporation and Retirement Inns II, LLC(1) LLC,
                    incorporated by reference to 10Q for June 30, 1999 filed August 2, 1999.

Exhibit 10.6        Loan Agreement by and between Banc One Capital Funding Corporation and Retirement Inns II, LLC(1) LLC,
                    incorporated by reference to 10Q for June 30, 1999 filed August 2, 1999.

Exhibit 10.7        Loan Agreement by and between Banc One Capital Funding Corporation and Retirement Inns II, LLC(1) LLC,
                    incorporated by reference to 10Q for June 30, 1999 filed August 2, 1999.

Exhibit 10.8        Loan Agreement by and between Banc One Capital Funding Corporation and Retirement Inns II, LLC(1) LLC,
                    incorporated by reference to 10Q for June 30, 1999 filed August 2, 1999.

Exhibit 10.9        Loan Agreement by and between Banc One Capital Funding Corporation and Retirement Inns II, LLC(1) LLC,
                    incorporated by reference to 10Q for June 30, 1999 filed August 2, 1999.

Exhibit 10.10       Loan Agreement by and between Banc One Capital Funding Corporation and Retirement Inns II, LLC(1) LLC,
                    incorporated by reference to 10Q for June 30, 1999 filed August 2, 1999.

Exhibit 10.11       Loan Agreement by and between Banc One Capital Funding Corporation and Retirement Inns II, LLC(1) LLC,
                    incorporated by reference to 10Q for June 30, 1999 filed August 2, 1999.

Exhibit 10.12       Letter Agreement as to the Loans in the aggregate amount of $39,703,100 from Banc One Capital Funding
                    Corporation to Retirements Inns II LLC, incorporated by reference to 10Q for June 30, 1999 filed August 2,
                    1999.

Exhibit 10.15       Note and Agreement as to Retirement Inns II, LLC LLC, incorporated by reference to 10Q for June 30, 1999
                    filed August 2, 1999.
</TABLE>


                                        9
<PAGE>   10

<TABLE>
<S>                 <C>

Exhibit 10.75       Deed of Trust Note of ARV Burlingame, L.P. to Red Mortgage Capital, Inc., incorporated by reference to our
                    10K filed with the Securities and Exchange Commission as exhibit 10.75 on April 2, 2001.

Exhibit 10.76       Allonge #1 to Deed of Trust Note of ARV Burlingame, L.P. to Red Mortgage Capital, Inc., incorporated by
                    reference to our 10K filed with the Securities and Exchange Commission as exhibit 10.76 on April 2, 2001.

Exhibit 10.77       Deed of Trust between ARV Burlingame, L.P. and Fidelity National Title Insurance, incorporated by reference
                    to our 10K filed with the Securities and Exchange Commission as exhibit 10.77 on April 2, 2001.

Exhibit 10.78       Regulatory Agreement for U.S. Department of Housing Multifamily Housing Projects between ARV Burlingame, L.P.
                    and Secretary of Housing and Urban Development, incorporated by reference to our 10K filed with the
                    Securities and Exchange Commission as exhibit 10.78 on April 2, 2001.

Exhibit 10.79       Regulatory Agreement Nursing Homes Projects between ARV Burlingame, L.P. and Federal Housing Commissioner,
                    incorporated by reference to our 10K filed with the Securities and Exchange Commission as exhibit 10.79 on
                    April 2, 2001.

Exhibit 10.80       Deed of Trust Note of ARV Campbell, L.P. to Red Mortgage Capital, Inc., incorporated by reference to our 10K
                    filed with the Securities and Exchange Commission as exhibit 10.80 on April 2, 2001.

Exhibit 10.81       Allonge #1 to Deed of Trust Note of ARV Campbell, L.P. to Red Mortgage Capital, Inc., incorporated by
                    reference to our 10K filed with the Securities and Exchange Commission as exhibit 10.81 on April 2, 2001.

Exhibit 10.82       Deed of Trust between ARV Campbell, L.P. and Fidelity National Title Insurance, incorporated by reference to
                    our 10K filed with the Securities and Exchange Commission as exhibit 10.82 on April 2, 2001.

Exhibit 10.83       Regulatory Agreement for U.S. Department of Housing Multifamily Housing Projects between ARV Campbell, L.P.
                    and Secretary of Housing and Urban Development, incorporated by reference to our 10K filed with the
                    Securities and Exchange Commission as exhibit 10.83 on April 2, 2001.

Exhibit 10.84       Regulatory Agreement Nursing Homes Projects between ARV Campbell, L.P. and Federal Housing Commissioner,
                    incorporated by reference to our 10K filed with the Securities and Exchange Commission as exhibit 10.84 on
                    April 2, 2001.

Exhibit 10.85       Deed of Trust Note of ARV Sunnyvale, L.P. to Red Mortgage Capital, Inc., incorporated by reference to our 10K
                    filed with the Securities and Exchange Commission as exhibit 10.85 on April 2, 2001.

Exhibit 10.86       Allonge #1 to Deed of Trust Note of ARV Sunnyvale, L.P. to Red Mortgage Capital, Inc., incorporated by
                    reference to our 10K filed with the Securities and Exchange Commission as exhibit 10.86 on April 2, 2001.

Exhibit 10.87       Deed of Trust between ARV Sunnyvale, L.P. and Fidelity National Title Insurance, incorporated by reference to
                    our 10K filed with the Securities and Exchange Commission as exhibit 10.87 on April 2, 2001.

Exhibit 10.88       Regulatory Agreement for U.S. Department of Housing Multifamily Housing Projects between ARV Sunnyvale, L.P.
                    and Secretary of Housing and Urban Development, incorporated by reference to our 10K filed with the
                    Securities and Exchange Commission as exhibit 10.88 on April 2, 2001.

Exhibit 10.89       Regulatory Agreement Nursing Homes Projects between ARV Sunnyvale, L.P. and Federal Housing Commissioner,
                    incorporated by reference to our 10K filed with the Securities and Exchange Commission as exhibit 10.89 on
                    April 2, 2001.

Exhibit 10.90       Deed of Trust Note of ARV Valley View, L.P. to Red Mortgage Capital, Inc., incorporated by reference to our
                    10K filed with the Securities and Exchange Commission as exhibit 10.90 on April 2, 2001.

Exhibit 10.91       Deed of Trust between ARV Valley View, L.P. and Fidelity National Title Insurance, incorporated by reference
                    to our 10K filed with the Securities and Exchange Commission as exhibit 10.91 on April 2, 2001.

Exhibit 10.92       Regulatory Agreement for U.S. Department of Housing Multifamily Housing Projects between ARV Valley View,
                    L.P. and Secretary of Housing and Urban Development, incorporated by reference to our 10K filed with the
                    Securities and Exchange Commission as exhibit 10.92 on April 2, 2001.

Exhibit 10.93       Regulatory Agreement Nursing Homes Projects between ARV Valley View, L.P. and Federal Housing Commissioner,
                    incorporated by reference to our 10K filed with the Securities and Exchange Commission as exhibit 10.93 on
                    April 2, 2001.

Exhibit 10.94       Deed of Trust Note of ARV Daly City, L.P. to Red Mortgage Capital, Inc.

Exhibit 10.95       Allonge #1 to Deed of Trust Note of ARV Daly City, L.P. to Red Mortgage Capital, Inc.

Exhibit 10.96       Deed of Trust between ARV Daly City, L.P. and Fidelity National Title Insurance.

Exhibit 10.97       Regulatory Agreement for U.S. Department of Housing Multifamily Housing Projects between ARV Daly City, L.P.
                    and Secretary of Housing and Urban Development.

Exhibit 10.98       Regulatory Agreement Nursing Homes Projects between ARV Daly City, L.P. and Federal Housing Commissioner.

Exhibit 10.99       Deed of Trust Note of ARV Fremont, L.P. to Red Mortgage Capital, Inc.

Exhibit 10.100      Allonge #1 to Deed of Trust Note of ARV Fremont, L.P. to Red Mortgage Capital, Inc.
</TABLE>


                                       10
<PAGE>   11

<TABLE>
<S>                 <C>

Exhibit 10.101      Deed of Trust between ARV Fremont, L.P. and Fidelity National Title Insurance.

Exhibit 10.102      Regulatory Agreement for U.S. Department of Housing Multifamily Housing Projects between ARV Fremont, L.P.
                    and Secretary of Housing and Urban Development.

Exhibit 10.103      Regulatory Agreement Nursing Homes Projects between ARV Fremont, L.P. and Federal Housing Commissioner.
</TABLE>


                                       11
<PAGE>   12

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange
Act of 1934, we have duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.

            AMERICAN RETIREMENT VILLAS PROPERTIES II, A CALIFORNIA LIMITED
            PARTNERSHIP, BY THE FOLLOWING PERSONS ON OUR BEHALF.

                                             ARV ASSISTED LIVING, INC.

                                             By: /s/ DOUGLAS M. PASQUALE
                                                 -------------------------------
                                                     Douglas M. Pasquale
                                                     Chief Executive Officer

Date: May 15, 2001

    Pursuant to the requirements of the Securities Act of 1934, as amended, this
report has been signed below by the following persons on behalf of the
registrant and in the capacities and on the dates indicated.

<TABLE>
<CAPTION>
                       SIGNATURE                                     TITLE                                   DATE
                       ---------                                     -----                                   ----
<S>                                                      <C>                                             <C>

            /s/   DOUGLAS M. PASQUALE                    Chief Executive Officer                         May 15, 2001
-----------------------------------------------------    (Principal Executive Officer)
                  Douglas M. Pasquale

            /s/     ABDO H. KHOURY                       President and Chief Financial Officer           May 15, 2001
-----------------------------------------------------    (Principal Financial & Accounting Officer)
                    Abdo H. Khoury
</TABLE>


                                       12

<PAGE>   13

                                 EXHIBIT INDEX

<TABLE>
<S>                 <C>

Exhibit 10.94       Deed of Trust Note of ARV Daly City, L.P. to Red Mortgage Capital, Inc.

Exhibit 10.95       Allonge #1 to Deed of Trust Note of ARV Daly City, L.P. to Red Mortgage Capital, Inc.

Exhibit 10.96       Deed of Trust between ARV Daly City, L.P. and Fidelity National Title Insurance.

Exhibit 10.97       Regulatory Agreement for U.S. Department of Housing Multifamily Housing Projects between ARV Daly City, L.P.
                    and Secretary of Housing and Urban Development.

Exhibit 10.98       Regulatory Agreement Nursing Homes Projects between ARV Daly City, L.P. and Federal Housing Commissioner.

Exhibit 10.99       Deed of Trust Note of ARV Fremont, L.P. to Red Mortgage Capital, Inc.

Exhibit 10.100      Allonge #1 to Deed of Trust Note of ARV Fremont, L.P. to Red Mortgage Capital, Inc.

Exhibit 10.101      Deed of Trust between ARV Fremont, L.P. and Fidelity National Title Insurance.

Exhibit 10.102      Regulatory Agreement for U.S. Department of Housing Multifamily Housing Projects between ARV Fremont, L.P.
                    and Secretary of Housing and Urban Development.

Exhibit 10.103      Regulatory Agreement Nursing Homes Projects between ARV Fremont, L.P. and Federal Housing Commissioner.
</TABLE>