SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES AND EXCHANGE ACT OF 1934
Boston Financial Apartments Association Limited Partnership
(Name of Issuer)
Limited Partnership Units
(Title of Class of Securities)
Not Applicable
(CUSIP Number)
Eggert Dagbjartsson
c/o Equity Resources Group, Incorporated, 14 Story Street,
Cambridge, Massachusetts 02138 (617) 876-4800
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
JANUARY 1, 1997
(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 which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box <M183>.
NOTE: Six copies of this statement, including all exhibits, should
be filed with the Commission. See Rule 13d-1(a) for other parties
to whom copies are to be sent.
- ---------------------
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities,
and for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
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).
(Continued on following page(s))
<PAGE>
CUSIP No. Not Applicable 13D
1. NAMES AND IDENTIFICATION NO. OF REPORTING PERSONS:
Equity Resources Group, Incorporated I.R.S.# 04-2723870
Equity Resource Pilgrim Fund Limited Partnership I.R.S.#04-334815
Equity Resource Cambridge Fund Limited Partnership I.R.S.#04-3189039
Equity Resource Brattle Fund Limited Partnership I.R.S.#04-3280004
Equity Resource Fund V Limited Partnership I.R.S. #04-2884796
Equity Resource Fund IX Limited Partnership I.R.S. #04-2977496
Equity Resource Fund XI Limited Partnership I.R.S.#04-3053220
Equity Resource Fund XIV Limited Partnership I.R.S.#04-3223091
Equity Resource Fund XV Limited Partnership I.R.S.#04-3182947
Equity Resource Fund XVI Limited Partnership I.R.S.#04-3223091
James E. Brooks
Mark S. Thompson
Eggert Dagbjartsson
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(A) [X]
(B) [ ]
3. SEC USE ONLY
4. SOURCE OF FUNDS (SEE INSTRUCTIONS)
WC $142,301
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO
ITEMS 2(D) OR 2(E) [ ]
6. CITIZENSHIP OR PLACE OF ORGANIZATION
Equity Resources Group, Incorporated is a Massachusetts corporation.
Equity Resource Pilgrim Fund Limited Partnership is a Massachusetts
limited partnership.
Equity Resource Cambridge Fund Limited Partnership is a Massachusetts
limited partnership.
Equity Resource Brattle Fund Limited Partnership is a Massachusetts
limited partnership.
Equity Resource Fund V Limited Partnership is a Massachusetts limited
partnership.
Equity Resource Fund IX Limited Partnership is a Massachusetts limited
partnership.
Equity Resource Fund XI Limited Partnership is a Massachusetts limited
partnership.
Equity Resource Fund XIV Limited Partnership is a Massachusetts limited
partnership.
Equity Resource Fund XV Limited Partnership is a Massachusetts limited
partnership.
Equity Resource Fund XVI Limited Partnership is a Massachusetts limited
partnership.
James E. Brooks is a United States citizen.
<PAGE>
Mark S. Thompson is a United States citizen.
Eggert Dagbjartsson is a United States citizen.
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
WITH:
7. SOLE VOTING POWER
None
8. SHARED VOTING POWER
217 Units are held by Equity Resource Pilgrim Fund Limited Partnership, a
Massachusetts limited partnership, of which James E. Brooks, Eggert
Dagbjartsson and Mark S. Thompson are the general partners (the "Pilgrim
Fund General Partners"). Voting power with respect to such Units is
shared by the Pilgrim Fund General Partners as reporting persons in their
capacities as general partners of such limited partnership.
15 Units are held by Equity Resource Cambridge Fund Limited Partnership,
a Massachusetts limited partnership, of which Equity Resources Group,
Incorporated, James E. Brooks, Eggert Dagbjartsson and Mark S. Thompson
are the general partners (the "Cambridge Fund General Partners"). Voting
power with respect to such Units is shared by the Cambridge Fund General
Partners as reporting persons in their capacities as general partners of
such limited partnership.
805 Units are held by Equity Resource Brattle Fund Limited Partnership, a
Massachusetts limited partnership, of which James E. Brooks, Eggert
Dagbjartsson and Mark S. Thompson are the general partners (the "Brattle
Fund General Partners"). Voting power with respect to such Units is
shared by the Brattle Fund General Partners as reporting persons in their
capacities as general partners of such limited partnership.
82 Units are held by Equity Resource Fund V Limited Partnership, a
Massachusetts limited partnership, of which Equity Resources Group,
Incorporated and James E. Brooks are the general partners (the "Fund V
General Partners"). Voting power with respect to such Units is shared by
the Fund V General Partners as reporting persons in their capacities as
general partners of such limited partnership.
75 Units are held by Equity Resource Fund IX Limited Partnership, a
Massachusetts limited partnership, of which Equity Resources Group,
Incorporated and James E. Brooks are the general partners (the "Fund IX
General Partners"). Voting power with respect to such Units is shared by
the Fund IX General Partners as reporting persons in their capacities as
general partners of such limited partnership.
98 Units are held by Equity Resource Fund XI Limited Partnership, a
Massachusetts limited partnership, of which Equity Resources Group,
<PAGE>
CUSIP No. Not Applicable 13D
Incorporated and James E. Brooks are the general partners (the "Fund XI
General Partners"). Voting power with respect to such Units is shared by
the Fund XI General Partners as reporting persons in their capacities as
general partners of such limited partnership.
70 Units are held by Equity Resource Fund XIV Limited Partnership, a
Massachusetts limited partnership, of which Equity Resources Group,
Incorporated and James E. Brooks are the general partners (the "Fund XIV
General Partners"). Voting power with respect to such Units is shared by
the Fund XIV General Partners as reporting persons in their capacities as
general partners of such limited partnership.
30 Units are held by Equity Resource Fund XV Limited Partnership, a
Massachusetts limited partnership, of which Equity Resources Group,
Incorporated and Mark S. Thompson are the general partners (the "Fund XV
General Partners"). Voting power with respect to such Units is shared by
the Fund XV General Partners as reporting persons in their capacities as
general partners of such limited partnership.
25 Units are held by Equity Resource Fund XVI Limited Partnership, a
Massachusetts limited partnership, of which Equity Resources Group,
Incorporated and Mark S. Thompson are the general partners (the "Fund XVI
General Partners"). Voting power with respect to such Units is shared by
the Fund XVI General Partners as reporting persons in their capacities as
general partners of such limited partnership.
See Item 2 below for other required information.
9. SOLE DISPOSITIVE POWER
NONE
10. SHARED DISPOSITIVE POWER
217 Units are held by Equity Resource Pilgrim Fund Limited Partnership, a
Massachusetts limited partnership, of which James E. Brooks, Eggert
Dagbjartsson and Mark S. Thompson are the general partners. Dispositive
power with respect to such Units is shared by the Pilgrim Fund General
Partners as reporting persons in their capacities as general partners of
such limited partnership.
15 Units are held by Equity Resource Cambridge Fund Limited Partnership,
a Massachusetts limited partnership, of which Equity Resources Group,
Incorporated, James E. Brooks, Eggert Dagbjartsson and Mark S. Thompson
are the general partners. Dispositive power with respect to such Units is
shared by the Cambridge Fund General Partners as reporting persons in
their capacities as general partners of such limited partnership.
805 Units are held by Equity Resource Brattle Fund Limited Partnership, a
Massachusetts limited partnership, of which James E. Brooks, Eggert
Dagbjartsson and Mark S. Thompson are the general partners. Dispositive
<PAGE>
CUSIP No. Not Applicable 13D
power with respect to such Units is shared by the Brattle Fund General
Partners as reporting persons in their capacities as general partners of
such limited partnership.
82 Units are held by Equity Resource Fund V Limited Partnership, a
Massachusetts limited partnership, of which Equity Resources Group,
Incorporated and James E. Brooks are the general partners. Dispositive
power with respect to such Units is shared by the Fund V General Partners
as reporting persons in their capacities as general partners of such
limited partnership.
75 Units are held by Equity Resource Fund IX Limited Partnership, a
Massachusetts limited partnership, of which Equity Resources Group,
Incorporated and James E. Brooks are the general partners. Dispositive
power with respect to such Units is shared by the Fund IX General
Partners as reporting persons in their capacities as general partners of
such limited partnership.
98 Units are held by Equity Resource Fund XI Limited Partnership, a
Massachusetts limited partnership, of which Equity Resources Group,
Incorporated and James E. Brooks are the general partners. Dispositive
power with respect to such Units is shared by the Fund XI General
Partners as reporting persons in their capacities as general partners of
such limited partnership.
70 Units are held by Equity Resource Fund XIV Limited Partnership, a
Massachusetts limited partnership, of which Equity Resources Group,
Incorporated and James E. Brooks are the general partners. Dispositive
power with respect to such Units is shared by the Fund XIV General
Partners as reporting persons in their capacities as general partners of
such limited partnership.
30 Units are held by Equity Resource Fund XV Limited Partnership, a
Massachusetts limited partnership, of which Equity Resources Group,
Incorporated and Mark S. Thompson are the general partners. Dispositive
power with respect to such Units is shared by the Fund XV General
Partners as reporting persons in their capacities as general partners of
such limited partnership.
25 Units are held by Equity Resource Fund XVI Limited Partnership, a
Massachusetts limited partnership, of which Equity Resources Group,
Incorporated and Mark S. Thompson are the general partners. Dispositive
power with respect to such Units is shared by the Fund XVI General
Partners as reporting persons in their capacities as general partners of
such limited partnership.
See Item 2 below for other required information.
<PAGE>
CUSIP No. Not Applicable 13D
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
217 Units are held by Equity Resource Pilgrim Fund Limited Partnership, a
Massachusetts limited partnership, of which the reporting persons James
E. Brooks, Eggert Dagbjartsson and Mark S. Thompson are the general
partners.
15 Units are held by Equity Resource Cambridge Fund Limited Partnership,
a Massachusetts limited partnership, of which Equity Resources Group,
Incorporated, James E. Brooks, Eggert Dagbjartsson and Mark S. Thompson
are the general partners.
805 Units are held by Equity Resource Fund Brattle Fund Limited
Partnership, a Massachusetts limited partnership, of which James E.
Brooks, Eggert Dagbjartsson and Mark S. Thompson are the general
partners.
82 Units are held by Equity Resource Fund V Limited Partnership, a
Massachusetts limited partnership, of which Equity Resources Group,
Incorporated and James E. Brooks are the general partners.
75 Units are held by Equity Resource Fund IX Limited Partnership, a
Massachusetts limited partnership, of which Equity Resources Group,
Incorporated and James E. Brooks are the general partners.
98 Units are held by Equity Resource Fund XI Limited Partnership, a
Massachusetts limited partnership, of which Equity Resources Group,
Incorporated and James E. Brooks are the general partners.
70 Units are held by Equity Resource Fund XIV Limited Partnership, a
Massachusetts limited partnership, of which Equity Resources Group,
Incorporated and James E. Brooks are the general partners.
30 Units are held by Equity Resource Fund XV Limited Partnership, a
Massachusetts limited partnership, of which Equity Resources Group,
Incorporated and Mark S. Thomspon are the general partners.
25 Units are held by Equity Resource Fund XVI Limited Partnership, a
Massachusetts limited partnership, of which Equity Resources Group,
Incorporated and Mark S. Thompson are the general partners.
See Item 2 below for other required information.
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES(SEE INSTRUCTIONS) [ ]
<PAGE>
CUSIP No. Not Applicable 13D
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1% are held by Equity Resource Pilgrim Fund Limited Partnership, a
Massachusetts limited partnership, of which the reporting persons James
E. Brooks, Eggert Dagbjartsson and Mark S. Thompson are the general
partners.
.1% are held by Equity Resource Cambridge Fund Limited Partnership, a
Massachusetts limited partnership, of which Equity Resources Group,
Incorporated, James E. Brooks, Eggert Dagbjartsson and Mark S. Thompson
are the general partners.
3.7% are held by Equity Resource Brattle Fund Limited Partnership, a
Massachusetts limited partnership, of which James E. Brooks, Eggert
Dagbjartsson and Mark S. Thompson are the general partners.
.4% are held by Equity Resource Fund V Limited Partnership, a
Massachusetts limited partnership, of which Equity Resources Group,
Incorporated and James E. Brooks are the general partners.
.3% are held by Equity Resource Fund IX Limited Partnership, a
Massachusetts limited partnership, of which Equity Resources Group,
Incorporated and James E. Brooks are the general partners.
.4% are held by Equity Resource Fund XI Limited Partnership, a
Massachusetts limited partnership, of which Equity Resources Group,
Incorporated and James E. Brooks are the general partners.
.3% are held by Equity Resource Fund XIV Limited Partnership, a
Massachusetts limited partnership, of which Equity Resources Group,
Incorporated and James E. Brooks are the general partners.
.1% are held by Equity Resource Fund XV Limited Partnership, a
Massachusetts limited partnership, of which Equity Resources Group,
Incorporated and Mark S. Thompson are the general partners.
.1% are held by Equity Resource Fund XVI Limited Partnership, a
Massachusetts limited partnership, of which Equity Resources Group,
Incorporated and Mark S. Thompson are the general partners.
See Item 2 below for other required information.
14. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
Equity Resources Group, Incorporated CO
Equity Resource Pilgrim Fund Limited Partnership PN
Equity Resource Cambridge Fund Limited Partnership PN
<PAGE>
CUSIP No. Not Applicable 13D
Equity Resource Brattle Fund Limited Partnership PN
Equity Resource Fund V Limited Partnership PN
Equity Resource Fund IX Limited Partnership PN
Equity Resource Fund XI Limited Partnership PN
Equity Resource Fund XIV Limited Partnership PN
Equity Resource Fund XV Limited Partnership PN
Equity Resource Fund XVI Limited Partnership PN
James E. Brooks IN
Mark S. Thompson IN
Eggert Dagbjartsson IN
Item 1. Security and Issuer
This statement relates to certain limited partnership units (the "Units")
of Boston Financial Apartments Association Limited Partnership, a Massachusetts
limited partnership with its principal executive office at 101 Arch Street,
16th Floor, Boston, Massachusetts 02210.
Item 2. Identity and Background.
(a) The names of the persons filing this statement are Equity Resource
Pilgrim Fund Limited Partnership, Equity Resource Cambridge Fund Limited
Partnership, Equity Resource Brattle Fund Limited Partnership, Equity Resource
Fund V Limited Partnership, Equity Resource Fund IX Limited Partnership, Equity
Resource Fund XI Limited Partnership, Equity Resource Fund XIV Limited
Partnership, Equity Resource Fund XV Limited Partnership, Equity Resource Fund
XVI Limited Partnership (the "Limited Partnerships"), Equity Resources Group,
Incorporated, a Massachusetts corporation, James E. Brooks, Mark S. Thompson,
and Eggert Dagbjartsson (collectively, the "Reporting Persons"). James E.
Brooks, Eggert Dagbjartsson and Mark S. Thompson are the general partners of
each of Equity Resource Pilgrim Fund Limited Partnership and Equity Resource
Brattle Fund Limited Partnership. Equity Resources Group, Incorporated, James
E. Brooks, Eggert Dagbjartsson and Mark S. Thompson are the general partners of
Equity Resource Cambridge Fund Limited Partnership. Equity Resources Group,
Incorporated and James E. Brooks are the general partners of each of Equity
Resource Fund V Limited Partnership, Equity Resource Fund IX Limited
Partnership, Equity Resource Fund XI Limited Partnership and Equity Resource
Fund XIV Limited Partnership. Equity Resources Group, Incorporated and Mark S.
Thompson are the general partners of each of Equity Resource Fund XV Limited
Partnership and Equity Resource Fund XVI Limited Partnership. This statement on
Schedule 13D is filed on behalf of all such reporting persons. The executive
officers and directors of Equity Resources Group, Incorporated are James E.
Brooks, Chairman of the Board of Directors and Director, Mark S. Thompson,
President and Director, and Eggert Dagbjartsson, Executive Vice President and
Director.
<PAGE>
CUSIP No. Not Applicable 13D
(b) The business address of each of Equity Resource Pilgrim Fund Limited
Partnership, Equity Resource Cambridge Fund Limited Partnership, Equity
Resource Brattle Fund Limited Partnership, Equity Resource Fund V Limited
Partnership, Equity Resource Fund IX Limited Partnership, Equity Resource Fund
XI Limited Partnership, Equity Resource Fund XIV Limited Partnership, Equity
Resource Fund XV Limited Partnership, Equity Resource Fund XVI Limited
Partnership, Equity Resources Group, Incorporated, James E. Brooks, Eggert
Dagbjartsson and Mark S. Thompson, respectively, is 14 Story Street, Cambridge,
Massachusetts 02138.
(c) Each of the Limited Partnerships is a Massachusetts limited
partnership formed to acquire and hold interests in other limited partnerships
involved in all facets of the real estate business as long-term investments
with a view to long-term appreciation and not to resale. Mr. Brooks' principal
occupation is Chairman of the Board of Directors of Equity Resources Group,
Incorporated. Mr. Thompson's principal occupation is President of Equity
Resources Group, Incorporated. Mr. Dagbjartsson's principal occupation is
Executive Vice President of Equity Resources Group, Incorporated.
(d) During the past five years, none of the Reporting Persons has been
convicted in a criminal proceeding (excluding traffic violations or similar
misdemeanors).
(e) During the past five years, none of the Reporting Persons has been a
party to a civil proceeding of a judicial or administrative body of competent
jurisdiction as a result of which such person was subject to a judgment, decree
or final order enjoining future violations of, or prohibiting or mandating
activities subject to, federal or state securities laws or finding any
violation with respect to such laws.
(f) Each of the Limited Partnerships is a Massachusetts limited
partnership. Mark S. Thompson, James E. Brooks, and Eggert Dagbjartsson are
citizens of the United States. Equity Resources Group, Incorporated is a
Massachusetts corporation.
Item 3. Source and Amount of Funds or Other Consideration.
Equity Resource Pilgrim Fund Limited Partnership, Equity Resource
Cambridge Fund Limited Partnership, Equity Resource Brattle Fund Limited
Partnership, Equity Resource Fund V Limited Partnership, Equity Resource Fund
IX Limited Partnership, Equity Resource Fund XI Limited Partnership, Equity
Resource Fund XIV Limited Partnership, Equity Resource Fund XV Limited
Partnership, Equity Resource Fund XVI Limited Partnership, respectively,
purchased the Units hereby reported for an aggregate of $142,301 cash. The
source of such funds was the working capital of these respective limited
partnerships.
<PAGE>
CUSIP No. Not Applicable 13D
Item 4. Purpose of Transaction.
Equity Resource Pilgrim Fund Limited Partnership, Equity Resource
Cambridge Fund Limited Partnership, Equity Resource Brattle Fund Limited
Partnership, Equity Resource Fund V Limited Partnership, Equity Resource Fund
IX Limited Partnership, Equity Resource Fund XI Limited Partnership, Equity
Resource Fund XIV Limited Partnership, Equity Resource Fund XV Limited
Partnership and Equity Resource Fund XVI Limited Partnership, respectively,
acquired the Units for investment purposes and none of such limited
partnerships, or any of the reporting persons, has any present plans or
proposals that relate to or would result in any of the actions described in
Item 4(a)-(j) of the instructions to Schedule 13D.
Item 5. Interest in Securities of the Issuer.
(a) Equity Resources Group, Incorporated, James E. Brooks, Mark S.
Thompson and Eggert Dagbjartsson, in their capacities as general partners of
each of Equity Resource Pilgrim Fund Limited Partnership, Equity Resource
Cambridge Fund Limited Partnership, Equity Resource Brattle Fund Limited
Partnership, Equity Resource Fund V Limited Partnership, Equity Resource Fund
IX Limited Partnership, Equity Resource Fund XI Limited Partnership, Equity
Resource Fund XIV Limited Partnership, Equity Resource Fund XV Limited
Partnership and Equity Resource Fund XVI Limited Partnership, respectively,
beneficially own an aggregate of 1417 Units, representing 6.47% of the Units
presently outstanding (the percentages reported in Item 13 do not cumulate to
6.47% because of rounding done pursuant to the instructions to Schedule 13D).
(b) Equity Resources Group, Incorporated, James E. Brooks, Mark S.
Thompson and Eggert Dagbjartsson, in their capacities as general partners of
each of Equity Resource Pilgrim Fund Limited Partnership, Equity Resource
Cambridge Fund Limited Partnership, Equity Resource Brattle Fund Limited
Partnership, Equity Resource Fund V Limited Partnership, Equity Resource Fund
IX Limited Partnership, Equity Resource Fund XI Limited Partnership, Equity
Resource Fund XIV Limited Partnership, Equity Resource Fund XV Limited
Partnership and Equity Resource Fund XVI Limited Partnership, respectively,
share the power to vote or direct the vote and to dispose of or direct the
disposition of all of the 1417 Units referred to in Item 5(a). See Item 2 above
for other required information.
(c) Not applicable.
(d) Not applicable.
(e) Not applicable.
Item 6. Contracts, Arrangements, Understandings or Relationships With
Respect to Securities of the Issuer.
None.
<PAGE>
CUSIP No. Not Applicable 13D
Item 7. Material to be Filed as Exhibits.
Exhibit 7.1 Agreement dated as of October 31, 1997, between each of
the Reporting Persons with respect to the filing of this statement
on Schedule 13D.
<PAGE>
CUSIP No. Not Applicable 13D
SIGNATURES
After reasonable inquiry and to the best of my knowledge and belief, each
of the undersigned certifies that the information set forth in this Statement
is true, complete, and correct.
October 31, 1997 October 31, 1997
(Date) (Date)
EQUITY RESOURCES GROUP,
INCORPORATED
By:/s/Eggert Dagbjartsson /s/James E. Brooks
------------------------- ----------------------
Eggert Dagbjartsson James E. Brooks, individually
Executive Vice President
/s/Eggert Dagbjartsson
----------------------
EQUITY RESOURCE PILGRIM FUND Eggert Dagbjartsson, individually
LIMITED PARTNERSHIP
/s/Mark S. Thompson
----------------------
Mark S. Thompson, individually
By:/s/Eggert Dagbjartsson
-------------------------
Eggert Dagbjartsson, as general partner
EQUITY RESOURCE CAMBRIDGE FUND
LIMITED PARTNERSHIP
By: EQUITY RESOURCES GROUP,
INCORPORATED, as general partner
By:/s/Eggert Dagbjartsson
----------------------
Eggert Dagbjartsson
Executive Vice President
EQUITY RESOURCE BRATTLE FUND
LIMITED PARTNERSHIP
By: /s/Eggert Dagbjartsson,
------------------------
Eggert Dagbjartsson, as general partner
<PAGE>
CUSIP No. Not Applicable 13D
EQUITY RESOURCE FUND V LIMITED
PARTNERSHIP
By: EQUITY RESOURCES GROUP,
INCORPORATED, as general partner
By:/s/Eggert Dagbjartsson
----------------------
Eggert Dagbjartsson
Executive Vice President
EQUITY RESOURCE FUND IX
LIMITED PARTNERSHIP
By: EQUITY RESOURCES GROUP,
INCORPORATED, as general partner
By:/s/Eggert Dagbjartsson
----------------------
Eggert Dagbjartsson
Executive Vice President
EQUITY RESOURCE FUND XI
LIMITED PARTNERSHIP
By: EQUITY RESOURCES GROUP,
INCORPORATED, as general partner
By:/s/Eggert Dagbjartsson
-----------------------
Eggert Dagbjartsson
Executive Vice President
<PAGE>
CUSIP No. Not Applicable 13D
EQUITY RESOURCE FUND XIV
LIMITED PARTNERSHIP
By: EQUITY RESOURCES GROUP,
INCORPORATED, as general partner
By:/s/Eggert Dagbjartsson
-----------------------
Eggert Dagbjartsson
Executive Vice President
EQUITY RESOURCE FUND XV
LIMITED PARTNERSHIP
By: EQUITY RESOURCES GROUP,
INCORPORATED, as general partner
By:/s/Eggert Dagbjartsson
-----------------------
Eggert Dagbjartsson
Executive Vice President
EQUITY RESOURCE FUND XVI
LIMITED PARTNERSHIP
By: EQUITY RESOURCES GROUP,
INCORPORATED, as general partner
By:/s/Eggert Dagbjartsson
-----------------------
Eggert Dagbjartsson
Executive Vice President
<PAGE>
CUSIP No. Not Applicable 13D
EXHIBIT 7.1
AGREEMENT
This Agreement, dated as of October 31, 1997, is by and among Equity
Resources Group, Incorporated, a Massachusetts corporation, James E. Brooks,
Mark S. Thompson, Eggert Dagbjartsson, each an individual, and each of the
Limited Partnerships listed on the signature pages hereto (the "Limited
Partnerships").
Each of the Limited Partnerships may be required to file with the United
States Securities and Exchange Commission a statement on Schedule 13D with
respect to an aggregate of 1417 units (the "Units") of limited partnership
interest in Boston Financial Apartments Association Limited Partnership, a
Massachusetts limited partnership, held by Equity Resource Pilgrim Fund Limited
Partnership, Equity Resource Cambridge Fund Limited Partnership, Equity
Resource Brattle Fund Limited Partnership, Equity Resource Fund V Limited
Partnership, Equity Resource Fund IX Limited Partnership, Equity Resource Fund
XI Limited Partnership, Equity Resource Fund XIV Limited Partnership, Equity
Resource Fund XV Limited Partnership and Equity Resource Fund XVI Limited
Partnership, respectively. Equity Resources Group, Incorporated, James E.
Brooks, Mark S. Thompson and Eggert Dagbjartsson may be required to file by
reason of their being the general partners of each of Equity Resource Pilgrim
Fund Limited Partnership, Equity Resource Cambridge Fund Limited Partnership,
Equity Resource Brattle Limited Partnership, Equity Resource Fund V Limited
Partnership, Equity Resource Fund IX Limited Partnership, Equity Resource Fund
XI Limited Partnership, Equity Resource Fund XIV Limited Partnership, Equity
Resource Fund XV Limited Partnership and Equity Resource Fund XVI Limited
Partnership, as the case may be.
Pursuant to Rule 13(d)(1) promulgated under the Securities Exchange Act
of 1934, as amended, the parties hereby agree to file a single statement on
Schedule 13D on behalf of each of the parties, and hereby further agree to file
this Agreement as an exhibit to such statement, as required by such rule.
Executed and delivered as of the date first above written.
EQUITY RESOURCES GROUP,
INCORPORATED /s/James B. Brooks
--------------------------
James E. Brooks, Individually
By:/s/Eggert Dagbjartsson
----------------------- /s/Eggert Dagbjartsson
Eggert Dagbjartsson --------------------------
Executive Vice President Eggert Dagbjartsson, individually
/s/Mark S. Thompson
--------------------------
Mark S. Thompson, individually
<PAGE>
CUSIP No. Not Applicable 13D
EQUITY RESOURCE PILGRIM FUND
LIMITED PARTNERTHIP
By:/s/Eggert Dagbjartsson
------------------------
Eggert Dagbjartsson, as general partner
EQUITY RESOURCE CAMBRIDGE FUND
LIMITED PARTNERSHIP
By: EQUITY RESOURCES GROUP,
INCORPORATED, as general partner
By:/s/Eggert Dagbjartsson
----------------------
Eggert Dagbjartsson
Executive Vice President
EQUITY RESOURCE BRATTLE FUND
LIMITED PARTNERSHIP
By:/s/Eggert Dagbjartsson
-----------------------
Eggert Dagbjartsson, as general partner
EQUITY RESOURCE FUND V LIMITED
PARTNERSHIP
By: EQUITY RESOURCES GROUP,
INCORPORATED, as general partner
By:/s/Eggert Dagbjartsson
----------------------
Eggert Dagbjartsson
Executive Vice President
<PAGE>
CUSIP No. Not Applicable 13D
EQUITY RESOURCE FUND IX
LIMITED PARTNERSHIP
By: EQUITY RESOURCES GROUP,
INCORPORATED, as general partner
By:/s/Eggert Dagbjartsson
-----------------------
Eggert Dagbjartsson
Executive Vice President
EQUITY RESOURCE FUND XI
LIMITED PARTNERSHIP
By: EQUITY RESOURCES GROUP,
INCORPORATED, as general partner
By:/s/Eggert Dagbjartsson
-----------------------
Eggert Dagbjartsson
Executive Vice President
<PAGE>
CUSIP No. Not Applicable 13D
EQUITY RESOURCE FUND XIV
LIMITED PARTNERSHIP
By: EQUITY RESOURCES GROUP,
INCORPORATED, as general partner
By:/s/Eggert Dagbjartsson
-----------------------
Eggert Dagbjartsson
Executive Vice President
EQUITY RESOURCE FUND XV
LIMITED PARTNERSHIP
By: EQUITY RESOURCES GROUP,
INCORPORATED, as general partner
By:/s/Eggert Dagbjartsson
-----------------------
Eggert Dagbjartsson
Executive Vice President
EQUITY RESOURCE FUND XVI
LIMITED PARTNERSHIP
By: EQUITY RESOURCES GROUP,
INCORPORATED, as general partner
By:/s/Eggert Dagbjartsson
-----------------------
Eggert Dagbjartsson
Executive Vice President
