UNITED STATES SECURITIES AND EXCHANGE COMMISSION

~~SECURITIES~~WASHINGTON, ~~AND~~D.C. ~~EXCHANGE~~20549 ~~COMMISSION~~

Washington, D.C. 20549

FORM 8-K

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

~~Pursuant~~Date toof ~~Section~~Report ~~13 or 15~~(d)Date of ~~the~~earliest event reported): February 11, 2011

~~Securities~~U.S. ~~Exchange~~REALTY ~~Act~~PARTNERS ofLIMITED PARTNERSHIP ~~1934~~

~~Date of Report~~ (~~Date~~Exact name of ~~earliest~~ ~~event~~registrant ~~reported)~~as ~~January~~specified ~~10,~~in ~~2011~~its charter)

U.S. REALTY PARTNERS LIMITED PARTNERSHIP


DELAWARE	0-15656	57-0814502
(State or other jurisdiction	(Commission	(IRS Employer
of incorporation)	File Number)	Identification No.)

(Exact name of Registrant as specified in its charter)


55 BEATTIE PLACE
POST OFFICE BOX 1089
GREENVILLE, SOUTH CAROLINA		29602
(Address of principal executive offices)		(Zip Code)

~~Delaware 0-15656 57-0814502 (State~~Registrant’s ortelephone ~~other~~number, ~~jurisdiction~~ including area code (~~Commission (I.R.S. Employer~~864) 239-1000

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of ~~incorporation~~the ~~or File~~registrant under any of the following provisions (see General Instruction ~~Number) Identification~~A.2. ~~Number~~below):

~~organization~~o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

55ITEM ~~Beattie~~5.07. Submission of Matters to a Vote of Security Holders ~~Place~~

~~Post~~ As ~~Office~~previously ~~Box~~disclosed, on October 8, 2010, U.S. Realty Partners Limited Partnership, a ~~1089~~Delaware limited partnership (“USRP”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) with AIMCO Properties, L.P., a Delaware limited partnership (“Aimco OP”), and AIMCO USRP Merger Sub LLC, a Delaware limited liability company of which Aimco OP is the sole member (the “Merger Subsidiary”). The Merger Agreement provides for the Merger Subsidiary to be merged with and into USRP, with USRP as the surviving entity, upon approval by a majority in interest of the limited partnership interests of USRP (the “Units”) outstanding.

~~Greenville~~ On February 11, ~~South~~2011, ~~Carolina~~Aimco ~~29602~~OP, which owned 900,195 of the 1,222,000 issued and outstanding Units, or approximately 73.67% of the number of outstanding Units, took action by written consent to approve the merger. On February 11, 2011, the merger was completed, and Aimco OP became the sole limited partner in USRP, holding all outstanding Units. U.S. Realty I Corporation continues to be the general partner of USRP, and USRP’s agreement of limited partnership in effect immediately prior to the merger remains unchanged after the merger.

~~(Address of principal~~SIGNATURE ~~executive offices)~~

~~(864)~~ Pursuant ~~239-1000~~to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

(Issuer's telephone number)


	U.S. REALTY PARTNERS LIMITED PARTNERSHIP

Date: February 11, 2011	By:	U.S. Realty I Corporation Corporate General Partner

	By	/s/ Stephen B. Waters Stephen B. Waters
		Senior Director of Partnership Accounting

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions:

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On January 10, 2011, Apartment Investment and Management Company ("Aimco") announced the resignation of Timothy J. Beaudin, President and Chief Operating Officer of Aimco and the Registrant’s corporate general partner.

SIGNATURE

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 hereunto duly authorized.

U.S. REALTY PARTNERS LIMITED PARTNERSHIP

By: U.S. Realty I Corporation Corporate General Partner

By: /s/Stephen B. Waters

Stephen B. Waters

Senior Director of Partnership Accounting

Date: January 14, 2011

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