UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
FORM
8-K
CURRENT
REPORT
PURSUANT
TO SECTION 13 OR 15 (d) OF THE
SECURITIES
AND EXCHANGE ACT OF 1934
Date
of Report (Date of Earliest Event Reported): June 2, 2008
American
Mortgage Acceptance Company
(Exact
Name of Registrant as Specified in Its Charter)
Massachusetts
(State
or other Jurisdiction of Incorporation)
0-23972
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13-6972380
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(Commission
File Number)
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(IRS
Employer Identification Number)
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625
Madison Avenue, New York, NY 10022
(Address
of Principal Executive Offices)
Registrant’s
telephone number, including area code: (212) 317-5700
Not
Applicable
(Former
Name or Former Address, if Changed Since Last Report
Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the Registrant under any of the following
provisions (see General Instruction A.2. below):
¨
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Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
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¨
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
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¨
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
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¨
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
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Item 5.02. Departure
of Directors or Principal Officers; Election of Directors; Appointment of
Principal Officers; Compensatory Arrangements of Certain
Officers..
On June 2, 2008, James L.
Duggins notified the Board of Trustees (the “Board”) of American Mortgage
Acceptance Company (the “Registrant”) of his decision to retire from his
position as the Registrant’s Chief Executive Officer and as a member of the
Board, effective as of June 30, 2008. Mr. Duggins also retired from
his position as Executive Managing Director of the Commercial Real Estate Group
of Centerline Holding Company, the parent of the Registrant’s external
advisor. Mr. Duggins plans to attend divinity school at Southern
Methodist University and devote his time to helping launch non-profit
youth-oriented foundations. The Board
will consider a successor for the open positions at the next board meeting on
June 11, 2008.
Item 9.01. Financial
Statements, Pro Forma Financial Information and Exhibits
(a).
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Financial
Statements
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Not
Applicable.
(b).
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Pro
Forma Financial Information
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Not
Applicable.
None.
SIGNATURES
Pursuant to the requirements of the
Securities and Exchange Act of 1934, the Registrant has duly caused this report
to be signed on its behalf by the undersigned thereunto duly
authorized.
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AMERICAN
MORTGAGE ACCEPTANCE COMPANY
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(Registrant)
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By:
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/s/ Robert
L. Levy |
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Robert
L. Levy
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Chief
Financial Officer
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June 6,
2008