SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-K405/A
AMENDMENT NO. 1
Filed pursuant to Section 12, 13, or 15(d) of the
Securities Exchange Act of 1934
JMB INCOME PROPERTIES, LTD. - V
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(Exact name of registrant as specified in its charter)
IRS Employer Identification
Commission File No. 0-8716 No. 36-2897158
The undersigned registrant hereby amends the following sections of its
Report for the year ended December 31, 1997 on Form 10-K405 as set forth in
the pages attached hereto:
PART III
Item 12. Security Ownership of Certain Beneficial Owners
and Management. Pages 47 and 48.
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.
JMB INCOME PROPERTIES, LTD. - V
By: JMB Realty Corporation
Managing General Partner
GAILEN J. HULL
By: Gailen J. Hull
Senior Vice President
Dated: April 24, 1998
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ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
(a) The following own, or may be deemed to own, beneficially more than 5% of the outstanding Interests of
the Partnership.
NAME OF AMOUNT AND NATURE
BENEFICIAL OF BENEFICIAL PERCENT
TITLE OF CLASS OWNER OWNERSHIP OF CLASS
- -------------- ---------- ----------------- --------
<S> <C> <C> <C>
(i)
Limited Partnership Liquidity Fund X (1) 74 Interests Less than
Interests directly (2) 1%
Limited Partnership Liquidity Fund XI (1) 70 Interests Less than
Interests directly (2) 1%
Limited Partnership Liquidity Fund XIII (1) 40 Interests Less than
Interests directly (2) 1%
Limited Partnership Liquidity Fund XIV (1) 162 Interests Less than
Interests directly (2) 1%
Limited Partnership Liquidity Fund XV (1) 10 Interests Less than
Interests directly (2) 1%
Limited Partnership Liquidity Fund XVI (1) 95 Interests Less than
Interests directly (2) 1%
Limited Partnership Liquidity Fund High Yield 150 Interests Less than
Interests Institutional Investors (1) directly (2) 1%
Limited Partnership Liquidity Fund 53 (1) 952.34 Interests 2.5%
Interests directly (2)
Limited Partnership Liquidity Fund 54, L.P. (1) 25 Interests Less than
Interests directly (2) 1%
Limited Partnership Liquidity Fund Income- 356 Interests Less than
Interests Growth '87 (1) directly (2) 1%
Limited Partnership Liquidity Fund Income- 495 Interests 1.3%
Interests Growth '89 (1) directly (2)
Limited Partnership Liquidity Fund 55 (1) 172.5 Interests Less than
Interests directly (2) 1%
47
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NAME OF AMOUNT AND NATURE
BENEFICIAL OF BENEFICIAL PERCENT
TITLE OF CLASS OWNER OWNERSHIP OF CLASS
- -------------- ---------- ----------------- --------
Limited Partnership Liquidity Financial 2,601.84 Interests 6.8%
Interests Group, L.P. (1) indirectly (3)
Limited Partnership Liquidity Financial 2,601.84 Interests 6.8%
Interests Corporation (1) indirectly (3)
<FN>
(1) The address of each beneficial owner listed in this subsection (a)(i) is 1900 Powell Street, Suite 730,
Emeryville, California 94608.
(2) Voting and dispositive power is exercised on behalf of each entity referenced by this note (2) by its
general partner, Liquidity Financial Group, L.P. The general partner of Liquidity Financial Group, L.P. is
Liquidity Financial Corporation. Because of their affiliations, all beneficial owners identified in this
subsection (a)(i) may be deemed to be members of a group with shared voting and dispositive power with respect to
the aggregate 2,601.84 Interests (6.8%) beneficially owned by them. See note (3) of this subsection (a)(i). The
exercise of voting power with respect to any Interests is subject to the terms and conditions of the Partnership
Agreement of the Partnership.
(3) Includes the aggregate 2,601.84 Interests owned directly by the entities referenced by note (2) in this
subsection (a)(i). Liquidity Financial Group, L.P, is the general partner of each such entity and exercises
voting and dispositive power on behalf of each such entity. Liquidity Financial Corporation is the general
partner of Liquidity Financial Group, L.P. As such, Liquidity Financial Group, L.P. and Liquidity Financial
Corporation may be deemed to have shared voting and dispositive power with respect to the aggregate 2,601.84
Interests owned by such entities. Reference is made to note (2) in this subsection (a)(i).
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47-A
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NAME OF AMOUNT AND NATURE
BENEFICIAL OF BENEFICIAL PERCENT
TITLE OF CLASS OWNER OWNERSHIP OF CLASS
- -------------- ---------- ----------------- --------
<S> <C> <C> <C>
(ii)
Limited Partnership Equity Resource Bay 495.75 Interests 1.2%
Interests Fund Limited Partner- directly
ship (1) (5)
Limited Partnership Equity Resource 316.5 Interests Less than
Interests Fund XV Limited directly 1%
Partnership (1) (5)
Limited Partnership Equity Resource 30 Interests Less than
Interests Fund XVI Limited directly 1%
Partnership (1) (5)
Limited Partnership Equity Resource 2,025.33 Interests 5.3%
Interests Fund XVII Limited directly
Partnership (1) (5)
Limited Partnership Equity Resource 77.33 Interests Less than
Interests Fund XXI Limited directly 1%
Partnership (1) (5)
Limited Partnership Equity Resources Group, 2,831.58 Interests 7.4%
Interests Incorporated (1) (5) indirectly (2) (3)
Limited Partnership Eggert Dagbjartsson 2,025.33 Interests
Interests (1) (5) indirectly (3) 5.3%
Limited Partnership Mark S. Thompson (1) (5) 346.5 Interests Less than
Interests indirectly (4) 1%
<FN>
(1) The address of each beneficial owner listed in this subsection (a)(ii) is 14 Story Street, Cambridge,
Massachusetts 02138.
(2) Includes (x) 459.75 Interests owned by Equity Resource Bay Fund Limited Partnership for which Equity
Resources Group, Incorporated ("ERG") acts as general partner and has reported that it has sole voting and
dispositive power with respect to such Interests and (y) an aggregate 346.5 Interests owned by Equity Resource
Fund XV Limited Partnership and Equity Resource Fund XVI Limited Partnership for which entities ERG and Mark S.
Thompson act as the general partners and have reported that they have shared voting and dispositive power with
respect to such Interests.
47-B
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(3) Includes 2,025.33 Interests owned by Equity Resource Fund XVII Limited Partnership for which Eggert
Dagbjartsson and ERG act as the general partners and have reported that they have shared voting and dispositive
power with respect to such Interests.
(4) Includes the aggregate 346.5 Interests owned by Equity Resource Fund XV Limited Partnership and Equity
Resource Fund XVI Limited Partnership for which entities Mark S. Thompson and ERG act as general partners and have
reported that they have shared voting and dispositive power with respect to such Interests.
(5) Because of their affiliation, all beneficial owners identified in this subsection (a)(ii) may be deemed
to be members of a group with shared voting and dispositive power with respect to the aggregate 2,908.91 Interests
(7.6%) beneficially owned by them. The exercise of voting power with respect to any Interests is subject to the
terms and conditions of the Partnership Agreement of the Partnership.
(b) The Managing General Partner, its officers and directors and the Associate General Partner own the
following Interests of the Partnership:
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47-C
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NAME OF AMOUNT AND NATURE
BENEFICIAL OF BENEFICIAL PERCENT
TITLE OF CLASS OWNER OWNERSHIP OF CLASS
- -------------- ---------- ----------------- --------
<S> <C> <C> <C>
Limited Partnership
Interests JMB Realty Corporation 5 Interests Less than 1%
directly
Limited Partnership Managing General Partner 5 Interests Less than 1%
Interests its officers and directly
directors and the Associate
General Partner as a group
<FN>
No officer or director of the Managing General Partner of the Partnership possesses a right to acquire
beneficial ownership of Interests of the Partnership.
Reference is made to Item 10 for information concerning ownership of the Managing General Partner.
(c) There exists no arrangement, known to the Partnership, the operation of which may at a subsequent date
result in a change in control of the Partnership.
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48
