-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, UKYmsS/wHMSPeq7lwFt4eowrXbQCvGJDI6ZeFI1/iz6y7an2uj+aRYL70NmRpSQN kgOBcgSwzRsP5nYK0cBbrQ== 0001116679-07-002041.txt : 20070808 0001116679-07-002041.hdr.sgml : 20070808 20070808160242 ACCESSION NUMBER: 0001116679-07-002041 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20070808 DATE AS OF CHANGE: 20070808 GROUP MEMBERS: CHAIM KATZMAN GROUP MEMBERS: FICUS INC. GROUP MEMBERS: FIRST CAPITAL AMERICA HOLDING CORP. GROUP MEMBERS: FIRST CAPITAL REALTY GROUP MEMBERS: GAZIT (1995), INC. GROUP MEMBERS: GAZIT-GLOBE LTD. GROUP MEMBERS: M G N (USA) INC. GROUP MEMBERS: MGN AMERICA, LLC GROUP MEMBERS: SILVER MAPLE, INC. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: EQUITY ONE, INC. CENTRAL INDEX KEY: 0001042810 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 521794271 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-54975 FILM NUMBER: 071035707 BUSINESS ADDRESS: STREET 1: 1600 N E MIAMI GARDENS DRIVE CITY: NORTH MIAMI BEACH STATE: FL ZIP: 33179 BUSINESS PHONE: 305-947-1664 MAIL ADDRESS: STREET 1: 1600 N E MIAMI GARDENS DRIVE CITY: NORTH MIAMI BEACH STATE: FL ZIP: 33179 FORMER COMPANY: FORMER CONFORMED NAME: EQUITY ONE INC DATE OF NAME CHANGE: 19970723 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Gazit-Globe Ltd CENTRAL INDEX KEY: 0001379009 IRS NUMBER: 000000000 STATE OF INCORPORATION: L3 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 1 HASHALOM ST. CITY: TEL-AVIV STATE: L3 ZIP: 67892 BUSINESS PHONE: (212) 305-944-7988 MAIL ADDRESS: STREET 1: 1660 NE MIAMI GARDENS DRIVE, SUITE 1 CITY: NORTH MIAMI BEACH STATE: FL ZIP: 33179 SC 13D/A 1 gazit13da.htm AMENDMENT NO. 3 gazit13da.htm

As filed with the Securities and Exchange Commission on August 8, 2007

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 3)



Equity One, Inc.

(Name of Issuer)


Common Stock, $0.01 Par Value Per Share

(Title of Class of Securities)


294752100

(CUSIP Number)


Mark Schonberger, Esq.
Paul, Hastings, Janofsky & Walker LLP
75 East 55th Street
New York, New York 10022
(212) 318-6906

 (Name, Address and Telephone Number of Person Authorized
 to Receive Notices and Communications)


                                August 6, 2007                                 
(Date of Event which Requires Filing of this Statement)
 
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box |_|.
 
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
 


CUSIP No. 294752100
 
Page 2 of 22 Pages

SCHEDULE 13D

1
NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Chaim Katzman
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
(a) |X|
(b) |_|
3
SEC USE ONLY
 
 
4
SOURCE OF FUNDS
OO
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
|_|
6
CITIZENSHIP OR PLACE OF ORGANIZATION
United States and Israel
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER
684,868
8
SHARED VOTING POWER
32,904,265.717
9
SOLE DISPOSITIVE POWER
684,868
10
SHARED DISPOSITIVE POWER
33,004,265.717
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
33,689,133.717
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
|_|
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
45.64%
14
TYPE OF REPORTING PERSON
IN


CUSIP No. 294752100
 
Page 3 of 22 Pages

SCHEDULE 13D

1
NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Gazit-Globe Ltd.
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
(a) |X|
(b) |_|
3
SEC USE ONLY
 
 
4
SOURCE OF FUNDS
OO
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
|_|
6
CITIZENSHIP OR PLACE OF ORGANIZATION
Israel
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER
0
8
SHARED VOTING POWER
33,004,265.717
9
SOLE DISPOSITIVE POWER
0
10
SHARED DISPOSITIVE POWER
33,004,265.717
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
33,004,265.717
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
|_|
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
44.71%
14
TYPE OF REPORTING PERSON
CO



CUSIP No. 294752100
 
Page 4 of 22 Pages

SCHEDULE 13D
 
1
NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
M G N (USA) INC.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
(a) |X|
(b) |_|
3
SEC USE ONLY
 
 
4
SOURCE OF FUNDS
OO
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
|_|
6
CITIZENSHIP OR PLACE OF ORGANIZATION
Nevada
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER
0
8
SHARED VOTING POWER
17,757,498.671
9
SOLE DISPOSITIVE POWER
0
10
SHARED DISPOSITIVE POWER
17,757,498.671
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
17,757,498.671
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
|_|
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
24.06%
14
TYPE OF REPORTING PERSON
CO


CUSIP No. 294752100
 
Page 5 of 22 Pages

1
NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
GAZIT (1995), INC.
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
(a) |X|
(b) |_|
3
SEC USE ONLY
 
 
4
SOURCE OF FUNDS
OO
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
|_|
6
CITIZENSHIP OR PLACE OF ORGANIZATION
Nevada
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER
0
8
SHARED VOTING POWER
6,355,024.057
9
SOLE DISPOSITIVE POWER
0
10
SHARED DISPOSITIVE POWER
6,355,024.057
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
6,355,024.057
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
|_|
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
8.61%
14
TYPE OF REPORTING PERSON
CO


CUSIP No. 294752100
 
Page 6 of 22 Pages

1
NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
MGN America, LLC
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
(a) |X|
(b) |_|
3
SEC USE ONLY
 
 
4
SOURCE OF FUNDS
OO
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
|_|
6
CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER
0
8
SHARED VOTING POWER
5,283,829.367
9
SOLE DISPOSITIVE POWER
0
10
SHARED DISPOSITIVE POWER
5,283,829.367
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,283,829.367
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
|_|
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.16%
14
TYPE OF REPORTING PERSON
CO


 

 
CUSIP No. 294752100
 
Page 7 of 22 Pages
1
NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
First Capital Realty
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
(a) |X|
(b) |_|
3
SEC USE ONLY
 
 
4
SOURCE OF FUNDS
OO
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
|_|
6
CITIZENSHIP OR PLACE OF ORGANIZATION
Ontario, Canada
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER
0
8
SHARED VOTING POWER
13,983,570
9
SOLE DISPOSITIVE POWER
0
10
SHARED DISPOSITIVE POWER
13,983,570
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
13,983,570
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
|_|
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
18.94%
14
TYPE OF REPORTING PERSON
CO

 

 
CUSIP No. 294752100
 
Page 8 of 22 Pages

1
NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
First Capital America Holding Corp.
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
(a) |X|
(b) |_|
3
SEC USE ONLY
 
 
4
SOURCE OF FUNDS
OO
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
|_|
6
CITIZENSHIP OR PLACE OF ORGANIZATION
Ontario, Canada
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER
0
8
SHARED VOTING POWER
13,983,570
9
SOLE DISPOSITIVE POWER
0
10
SHARED DISPOSITIVE POWER
13,983,570
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
13,983,570
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
|_|
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
18.94%
14
TYPE OF REPORTING PERSON
CO


CUSIP No. 294752100
 
Page 9 of 22 Pages

1
NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Silver Maple, Inc.
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
(a) |X|
(b) |_|
3
SEC USE ONLY
 
 
4
SOURCE OF FUNDS
OO
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
|_|
6
CITIZENSHIP OR PLACE OF ORGANIZATION
Nevada
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER
0
8
SHARED VOTING POWER
8,315,363
9
SOLE DISPOSITIVE POWER
0
10
SHARED DISPOSITIVE POWER
8,315,363
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,315,363
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
|_|
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
11.26%
14
TYPE OF REPORTING PERSON
CO


CUSIP No. 294752100
 
Page 10 of 22 Pages

1
NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Ficus Inc.
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
(a) |X|
(b) |_|
3
SEC USE ONLY
 
 
4
SOURCE OF FUNDS
OO
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
|_|
6
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER
0
8
SHARED VOTING POWER
5,688,207
9
SOLE DISPOSITIVE POWER
0
10
SHARED DISPOSITIVE POWER
5,688,207
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,688,207
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
|_|
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.68%
14
TYPE OF REPORTING PERSON
CO


CUSIP No. 294752100
 
Page 11 of 22 Pages

Explanatory Note:  This Amendment No. 3 (this “Amendment”) to the Schedule 13D of Chaim Katzman, Gazit-Globe Ltd. (“Gazit”), M G N (USA) INC. (“MGN”), GAZIT (1995), INC. (“1995”), MGN America, LLC (“America”), First Capital Realty (“FCR”), First Capital America Holding Corp. (“FCA”), Silver Maple, Inc. (“Silver Maple”) and Ficus, Inc. (“Ficus”) (collectively, the “Gazit Group, we,” us” or the “Reporting Persons”) filed on October 10, 2001 (the “Initial 13D”) relates to the Common Stock, par value $.01 each (“Shares”) of Equity One, Inc., a Maryland corporation (the “Issuer or Equity One”).  The Initial 13D, together with Amendment No. 1 (“Amendment 1”) to the Initial 13D, filed February 26, 2003, Amendment No.2 (“Amendment 2”) to the Initial 13D, Filed July 31, 2007 and this Amendment No. 3 shall be collectively referred to herein as the “Schedule 13D.”
 
Item 3.        Source and Amount of Funds and Other Consideration.
 
Item 3 is amended and restated in its entirety as follows:
 
The net investment cost (including broker commissions) for the Shares acquired by each of Chaim Katzman, Gazit, MGN, 1995, America, Silver Maple and Ficus is set forth in the table below.  No other Reporting Person directly holds Shares.
 
 
Reporting Person
 
Shares Held
 
Approximate net
Investment Cost
 
Chaim Katzman
684,868
 
1
Gazit
1,263,197.046
 
$13,051,570
MGN
6,118,645.247
 
$72,483,449
1995
6,355,024.057
 
$86,991,714
America
5,283,829.367
 
$75,644,764
Silver Maple
8,596,712
 
$111,170,000
Ficus
5,386,857
 
$69,160,000
       
Total
33,689,132.717
 
$428,501,497.002

 
All shares held by Chaim Katzman, Gazit, MGN, America and Ficus were acquired more than 60 days prior to the filing of this Schedule 13D.  4,444,424.057 shares held by 1995 and 8,235,363.0915 shares held by Silver Maple were acquired more than 60 days prior to the filing date of this Schedule 13D.  The consideration for 1995’s acquisitions of the Issuer’s stock during the past 60 days was cash available on hand and from borrowings made in the ordinary course of business under a revolving credit facility.  The consideration for Silver Maple’s acquisitions of the Issuer’s stock during the past 60 days was obtained from borrowings in the ordinary course of business under term loans, a revolving credit facility and through a margin account.
____________
1 Mr. Katzman has acquired his Shares through various restricted stock grants, through bonus awards accepted in the form of Shares and through the exercise of options.
2 Excludes the Shares held directly and indirectly by Mr. Katzman not otherwise owned by another Reporting Person.


CUSIP No. 294752100
 
Page 12 of 22 Pages
 
Item 5.        Interests in Securities of the Issuer.

Item 5 is hereby amended and restated in its entirety.

The aggregate percentage of Shares reported beneficially owned by each Reporting Person as of the date of filing of this Schedule 13D is based upon 73,817,066 Shares issued and outstanding as reported by the Issuer in its most recent Quarterly Report of Form 10-Q for the Quarterly Period Ended March 31, 2007 filed with the Securities and Exchange Commission on May 4, 2007 (the “Issuer’s March 31, 2007 10-Q”).

Chaim Katzman

(a)           Aggregate Number of Shares beneficially owned: 33,689,133.717 (45.64% of the Shares).

(b)           Number of shares as to which such person has:

(i)           Sole power to vote or to direct the vote:  684,868

(ii)           Shared power to vote or to direct the vote: 33,004,265.717

(iii)           Sole power to dispose or to direct the disposition of:  684,868

(iv)           Shared power to dispose or to direct the disposition of: 33,004,265.717

Mr. Katzman may be deemed to control Gazit.  Of the shares beneficially owned by Mr. Katzman as of the date of this filing:

·  
Mr. Katzman has sole voting and dispositive power of 684,868 Shares held directly by him and indirectly through family trusts, which he controls; and

·  
Mr. Katzman shares voting and dispositive authority over 1,263,197.046 Shares with Gazit, as such shares are directly held by Gazit, which Mr. Katzman may be deemed to control; and

·  
Mr. Katzman shares voting and dispositive authority over 6,118,645.247 Shares with Gazit and  MGN, as such Shares are directly held by MGN, which is a wholly-owned subsidiary of Gazit, which Mr. Katzman may be deemed to control; and

·  
Mr. Katzman shares voting and dispositive authority over 6,355,024.057  Shares with Gazit, MGN and 1995, as such Shares are directly held by 1995, which is a wholly-owned subsidiary of MGN, which is a wholly-
 
 

CUSIP No. 294752100
 
Page 13 of 22 Pages
 
  
owned subsidiary of Gazit, which Mr. Katzman may be deemed to control; and
 
·  
Mr. Katzman shares voting and dispositive authority over 5,283,829.367 Shares with Gazit, MGN and America, as such Shares are directly held by America, which is a wholly-owned subsidiary of MGN, which is a wholly-owned subsidiary of Gazit, which Mr. Katzman may be deemed to control; and

·  
Mr. Katzman shares voting and dispositive authority over 8,315,363 Shares with Gazit, FCR, FCA and Silver Maple, as such Shares are directly held by Silver Maple, which is a wholly-owned subsidiary of FCA, which is a wholly-owned subsidiary of FCR, which is controlled through various subsidiaries by Gazit, which Mr. Katzman may be deemed to control; and

·  
Mr. Katzman shares voting and dispositive authority over 5,668,207 Shares with Gazit, FCR, FCA and Ficus, as such Shares are directly held by Ficus, which is a wholly-owned subsidiary of FCA, which is a wholly-owned subsidiary of FCR, which is controlled through various subsidiaries by Gazit, which Mr. Katzman may be deemed to control.

(c)           Mr. Katzman has not effected any transactions in the Shares during the past 60 days.

(d)           Other than as described in this Item 5, no other person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Shares beneficially owned by Mr. Katzman.

(e)           Not applicable.

Gazit

(a)           Aggregate Number of Shares beneficially owned: 33,004,265.717 (44.71 % of the Shares).

(b)           Number of shares as to which such person has:

(i)           Sole power to vote or to direct the vote:  0

(ii)           Shared power to vote or to direct the vote:  33,004,265.717

(iii)           Sole power to dispose or to direct the disposition of:  0

(iv)            Shared power to dispose or to direct the disposition of:  33,004,265.717
 
 

CUSIP No. 294752100
 
Page 14 of 22 Pages

 
Of the shares beneficially owned by Gazit as of the date of this filing:
 
·  
Gazit shares voting and dispositive authority over 1,263,197.046 Shares with Mr. Katzman, as such Shares are held directly by Gazit, which Mr. Katzman may be deemed to control; and

·  
Gazit shares voting and dispositive authority over 6,118,645.247 Shares with Mr. Katzman and MGN, as such Shares are held directly by MGN, a wholly-owned subsidiary of Gazit, which Mr. Katzman may be deemed to control; and

·  
Gazit shares voting and dispositive authority over 6,355,024.057 Shares with Mr. Katzman, MGN and 1995, as such Shares are held directly by 1995, a wholly-owned subsidiary of MGN, which is a wholly-owned subsidiary of Gazit, which Mr. Katzman may be deemed to control; and

·  
Gazit shares voting and dispositive authority over 5,283,829.367 Shares with Mr. Katzman, MGN and America, as such Shares are held directly by America, a wholly-owned subsidiary of MGN, which is a wholly-owned subsidiary of Gazit, which Mr. Katzman may be deemed to control; and

·  
Gazit shares voting and dispositive authority over 8,315,363 Shares with Mr. Katzman FCR, FCA and Silver Maple as such Shares are held directly by Silver Maple, which is a wholly-owned subsidiary of FCA, which is a wholly-owned subsidiary of FCR, which is controlled through various subsidiaries by Gazit, which Mr. Katzman may be deemed to control; and

·  
Gazit shares voting and dispositive authority over 5,668,207 Shares with Mr. Katzman FCR, FCA and Ficus as such Shares are held directly by Ficus, which is a wholly-owned subsidiary of FCA, which is a wholly-owned subsidiary of FCR, which is controlled through various subsidiaries by Gazit, which Mr. Katzman may be deemed to control.

(c)           Gazit has not effected any transactions in the Shares during the past 60 days.

(d)           Other than as described in this Item 5, no other person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Shares beneficially owned by Gazit.

(e)           Not applicable.

MGN

(a)           Aggregate Number of Shares beneficially owned: 17,757,498.671 (24.06% of the Shares).

(b)           Number of shares as to which such person has:
 
 

CUSIP No. 294752100
 
Page 15 of 22 Pages

 
(i)           Sole power to vote or to direct the vote:  0

(ii)           Shared power to vote or to direct the vote:  17,757,498.671

(iii)           Sole power to dispose or to direct the disposition of:  0

(iv)           Shared power to dispose or to direct the disposition of:  17,757,498.671

·  
MGN shares voting and dispositive authority over all Shares it beneficially owns with Mr. Katzman and Gazit, as such Shares are held directly by MGN, America and 1995, wholly-owned subsidiaries of MGN, which is a wholly-owned subsidiary of Gazit, which Mr. Katzman may be deemed to control; and

·  
MGN shares voting and dispositive authority over 5,283,829.367 Shares it beneficially owns with America, as such Shares are held directly by America, a wholly-owned subsidiary of MGN; and

·  
MGN shares voting and dispositive authority over 6,355,024.057 Shares it beneficially owns with 1995, as such Shares are held directly by 1995, a wholly-owned subsidiary of MGN.

(c)           MGN has not effected any transactions in the Shares during the past 60 days.

(d)           Other than as described in this Item 5, no other person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Shares beneficially owned by MGN.
 
(e)           Not applicable.

1995

(a)           Aggregate Number of Shares beneficially owned: 6,355,024.057 (8.61% of the Shares).

(b)           Number of shares as to which such person has:

(i)           Sole power to vote or to direct the vote:  0

(ii)           Shared power to vote or to direct the vote:  6,355,024.057

(iii)           Sole power to dispose or to direct the disposition of:  0

(iv)           Shared power to dispose or to direct the disposition of:  6,355,024.057

·  
1995 shares voting and dispositive authority over all Shares it beneficially owns with Mr. Katzman, Gazit and MGN, as such Shares are held directly by 1995, a wholly-owned subsidiary of MGN, which is a wholly-owned
 

 

CUSIP No. 294752100
 
Page 16 of 22 Pages
 
·  
subsidiary of MGN, which is a wholly-owned subsidiary of Gazit, which Mr. Katzman may be deemed to control.
 
(c)           During the past 60 days, 1995 purchased the following Shares on the New York Stock Exchange.3



Trade Date4
No. of Shares
Avg. Price Per Share(1)(2)
Total Cost(1)
6/29/07
4,000
$25.5000
$102,080.00
7/11/07
113,800
$25.4420
$2,897,575.60
7/12/07
8,400
$25.4802
$214,201.68
7/18/07
9,500
$25.4850
$242,297.50
7/20/07
103,000
$25.2291
$2,600,657.30
7/23/07
95,900
$24.9901
$2,398,468.59
7/24/07
95,900
$24.3845
$2,340,391.55
7/25/07
95,900
$24.0058
$2,304,074.22
7/26/07
95,900
$23.4984
$2,255,414.56
7/27/07
95,900
$23.3223
$2,238,526.57
7/30/07
113,100
$22.7556
$2,575,920.36
7/31/07
113,100
$23.4773
$2,657,544.63
8/01/07
113,100
$23.0649
$2,610,902.19
8/02/07
230,000
$23.9900
$5,522,300.00
8/03/07
113,100
$24.0645
$2,723,956.95
8/06/07
410,000
$23.7300
$9,737,500.00
8/07/07
100,000
$24.0727
$2,409,270.00
       
Totals:
1,910,600
 
$45,831,081.70

____________
(1)           Average price per share amounts have been rounded.  Therefore, the numbers in the “Total Cost” column do not exactly match the product of the corresponding entries in the “No. of Shares” and “Avg. Price Per Share” columns.
(2)           Includes broker commissions.

(d)           Other than as described in this Item 5, no other person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Shares beneficially owned by 1995.

(e)           Not applicable.
 
3 Purchases by 1995 during the past 60 days have been made pursuant to a Rule 10b5-1 trading plan adopted in May, 2007.
 

CUSIP No. 294752100
 
Page 17 of 22 Pages

 
America

(a)           Aggregate Number of Shares beneficially owned: 5,283,829.367 (7.16% of the Shares).

(b)           Number of shares as to which such person has:

(i)           Sole power to vote or to direct the vote:  0

(ii)           Shared power to vote or to direct the vote:  5,283,829.367

(iii)           Sole power to dispose or to direct the disposition of:  0

(iv)           Shared power to dispose or to direct the disposition of:  5,283,829.367

·    
America shares voting and dispositive authority over all Shares it beneficially owns with Mr. Katzman, Gazit and MGN, as such Shares are held directly by America, a wholly-owned subsidiary of MGN, which is a wholly-owned subsidiary of Gazit, which Mr. Katzman may be deemed to control.

(c)           America has not effected any transactions in the Shares during the past 60 days.

(d)           Other than as described in this Item 5, no other person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Shares beneficially owned by America.

(e)           Not applicable.

FCR

(a)           Aggregate Number of Shares beneficially owned: 13,983,570 (18.94% of the Shares).

(b)           Number of shares as to which such person has:

(i)           Sole power to vote or to direct the vote:  0

(ii)           Shared power to vote or to direct the vote:  13,983,570

(iii)           Sole power to dispose or to direct the disposition of:  0

(iv)           Shared power to dispose or to direct the disposition of:  13,983,570

·  
FCR shares voting and dispositive authority over 8,315,363 Shares it beneficially owns with Chaim Katzman, Gazit, FCA, FCR and Silver Maple, as such Shares are held directly by Silver Maple, a wholly-owned subsidiary of FCA, which is a wholly-owned subsidiary of FCR, which is controlled through various subsidiaries by Gazit, which may be deemed to be controlled by Chaim Katzman; and
 
 

CUSIP No. 294752100
 
Page 18 of 22 Pages

 
·  
FCR shares voting and dispositive authority over 5,668,207 Shares it beneficially owns with Chaim Katzman, Gazit, FCA, FCR and Ficus, as such Shares are held directly by Ficus, a wholly-owned subsidiary of FCA, which is a wholly-owned subsidiary of FCR, which is controlled through various subsidiaries by Gazit, which may be deemed to be controlled by Chaim Katzman.

(c)           FCR has not effected any transactions in the Shares during the past 60 days.

(d)           Other than as described in this Item 5, no other person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Shares beneficially owned by FCR.

(e)           Not applicable.

FCA

(a)           Aggregate Number of Shares beneficially owned: 13,983,570 (18.94% of the Shares).

(b)           Number of shares as to which such person has:

(i)           Sole power to vote or to direct the vote:  0

(ii)           Shared power to vote or to direct the vote:  13,983,570

(iii)           Sole power to dispose or to direct the disposition of:  0

(iv)           Shared power to dispose or to direct the disposition of:  13,983,570

·    
FCA shares voting and dispositive authority over 8,315,363 Shares it beneficially owns with Chaim Katzman, Gazit, FCR and Silver Maple, as such Shares are held directly by Silver Maple, a wholly-owned subsidiary of FCA, which is a wholly-owned subsidiary of FCR, which is controlled through various subsidiaries by Gazit, which may be deemed to be controlled by Chaim Katzman; and

·    
FCA shares voting and dispositive authority over 5,668,207 Shares it beneficially owns with Chaim Katzman, Gazit, FCR and Ficus, as such Shares are held directly by Ficus, a wholly-owned subsidiary of FCA, which is a wholly-owned subsidiary of FCR, which is controlled through various subsidiaries by Gazit, which may be deemed to be controlled by Chaim Katzman.

(c)           FCA has not effected any transactions in the Shares during the past 60 days.

(d)           Other than as described in this Item 5, no other person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Shares beneficially owned by FCA.
 
 

CUSIP No. 294752100
 
Page 19 of 22 Pages

 
(e)           Not applicable.

Silver Maple

(a)           Aggregate Number of Shares beneficially owned: 8,315,363 (11.26% of the Shares).

(b)           Number of shares as to which such person has:

(i)           Sole power to vote or to direct the vote:  0

(ii)           Shared power to vote or to direct the vote:  8,315,363

(iii)           Sole power to dispose or to direct the disposition of:  0

(iv)           Shared power to dispose or to direct the disposition of:  8,315,363

·    
Silver Maple shares voting and dispositive authority over 8,315,363 Shares it beneficially owns with Chaim Katzman, Gazit, FCR and FCA, as such Shares are held directly by Silver Maple, a wholly-owned subsidiary of FCA, which is a wholly-owned subsidiary of FCR, which is controlled through various subsidiaries by Gazit, which may be deemed to be controlled by Chaim Katzman.

(c)           During the past 60 days, Silver Maple purchased the following Shares on the New York Stock Exchange.

Trade Date5
No. of Shares
Avg. Price Per Share(1)(2)
Total Cost(1)
6/08/07
22,400
$26.53866
$594,693.88
6/11/07
27,600
$26.48475
$731,237.40
6/12/07
30,000
$26.30997
$789,602.00
       
Totals:
80,000
 
$2,115,533.28

____________
(1)           Average price per share amounts have been rounded.  Therefore, the numbers in the “Total Cost” column do not exactly match the product of the corresponding entries in the “No. of Shares” and “Avg. Price Per Share” columns.
(2)           Includes broker commissions.

(d)           Other than as described in this Item 5, no other person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Shares beneficially owned by Silver Maple.

(e)           Not applicable.
 
____________
5 All purchases were previously disclosed in Amendment 2.


CUSIP No. 294752100
 
Page 20 of 22 Pages

(d)           Other than as described in this Item 5, no other person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Shares beneficially owned by Silver Maple.

(e)           Not applicable.

Ficus

(a)           Aggregate Number of Shares beneficially owned: 5,668,207 (7.68% of the Shares).

(b)           Number of shares as to which such person has:

(i)           Sole power to vote or to direct the vote:  0

(ii)           Shared power to vote or to direct the vote:  5,668,207

(iii)           Sole power to dispose or to direct the disposition of:  0

(iv)           Shared power to dispose or to direct the disposition of:  5,668,207

·    
Ficus shares voting and dispositive authority over 5,668,207 Shares it beneficially owns with Chaim Katzman, Gazit, FCR and FCA, as such Shares are held directly by Ficus, a wholly-owned subsidiary of FCA, which is a wholly-owned subsidiary of FCR, which is controlled through various subsidiaries by Gazit, which may be deemed to be controlled by Chaim Katzman.

(c)           Ficus has not effected any transactions in the Shares during the past 60 days.

(d)           Other than as described in this Item 5, no other person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Shares beneficially owned by Ficus.

(e)           Not applicable.

 
 



SIGNATURE

After reasonable inquiry and to the best of its knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.

 
CHAIM KATZMAN
 
 
Date:  August 8, 2007
 
 
By:
 
 
/s/ Chaim Katzman

 
 
GAZIT-GLOBE, LTD.
 
 
Date:  August 8, 2007
 
 
By:
 
 
/s/ Chaim Katzman
   
Name:   Chaim Katzman
   
Title:     Chairman

 
 
M G N (USA) INC.
 
 
Date:  August 8, 2007
 
 
By:
 
 
/s/ Chaim Katzman
   
Name:    Chaim Katzman
   
Title:      President

 
 
GAZIT (1995), INC.
 
 
Date:  August 8, 2007
 
 
By:
 
 
/s/ Chaim Katzman
   
Name:   Chaim Katzman
   
Title:     President

 
 
MGN AMERICA, LLC
 
 
Date:  August 8, 2007
 
 
By:
 
 
/s/ Chaim Katzman
   
Name:   Chaim Katzman
   
Title:     President

 
 
FIRST CAPITAL REALTY
 
 
Date:  August 8, 2007
 
 
By:
 
 
/s/ Chaim Katzman
   
Name:   Chaim Katzman
   
Title:     Chairman

 
 


 
 
FIRST CAPITAL AMERICA HOLDING CORP.
 
 
Date:  August 8, 2007
 
 
By:
 
 
/s/ Karen Weaver
   
Name:    Karen Weaver
   
Title:      Vice President and Secretary

 
 
SILVER MAPLE, INC.
 
 
Date:  August 8, 2007
 
 
By:
 
 
/s/ Chaim Katzman
   
Name:   Chaim Katzman
   
Title:     President

 
 
FICUS, INC.
 
 
Date:  August 8, 2007
 
 
By:
 
 
/s/ Chaim Katzman
   
Name:   Chaim Katzman
   
Title:     President

 

 


 
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