UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES AND EXCHANGE ACT OF 1934
Krupp Realty Limited Partnership V
(Name of issuer)
Limited Partnership Units
(Title of class of securities)
Not Applicable
(CUSIP number)
Mark S. Thompson
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)
DECEMBER 12, 1996
(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 [ ].
Check the following box if a fee is being paid with the statement [X]. (A fee
is not required only if the reporting person: (1) has a previous statement on
file reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7.)
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))
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1. NAMES AND IDENTIFICATION NO. OF REPORTING PERSONS:
Equity Resources Group, Incorporated I.R.S.# 04-2723870
James E. Brooks
Mark S. Thompson
Eggert Dagbjartsson
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(A) [ ]
(B) [ ]
3. SEC USE ONLY
4. SOURCE OF FUNDS (SEE INSTRUCTIONS)
WC $303,425.00
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.
James E. Brooks is a United States citizen.
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
125 Units are held by Equity Resource Cambridge Fund Limited
Partnership, a Massachusetts limited partnership, of which Equity
Resources Group, Incorporated, James E. Books, 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.
20 Units are held by Equity Resource General Fund Limited
Partnership, a Massachusetts limited partnership, of which Equity
Resources Group, Incorporated, James E. Books, Eggert Dagbjartsson
and Mark S. Thompson are the general partners (the "General Fund
<PAGE>
General Partners"). Voting power with respect to such Units is
shared by the General Fund General Partners as reporting persons in
their capacities as general partners of such limited partnership.
1,559.5 Units are held by Equity Resource Fund XVII Limited
Partnership, a Massachusetts limited partnership, of which Equity
Resources Group, Incorporated and Eggert Dagbjartsson are the
general partners (the "Fund XVII General Partners"). Voting power
with respect to such Units is shared by the Fund XVII General
Partners as reporting persons in their capacities as general
partners of such limited partnership.
225 Units are held by Equity Resource Fund XIX Limited Partnership,
a Massachusetts limited partnership, of which Equity Resources
Group, Incorporated and Eggert Dagbjartsson are the general partners
(the "Fund XIX General Partners"). Voting power with respect to such
Units is shared by the Fund XIX 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
125 Units are held by Equity Resource Cambridge Fund Limited
Partnership, a Massachusetts limited partnership. 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.
20 Units are held by Equity Resource General Fund Limited
Partnership, a Massachusetts limited partnership. Dispositive power
with respect to such Units is shared by the General Fund General
Partners as reporting persons in their capacities as general
partners of such limited partnership.
1,559.5 Units are held by Equity Resource Fund XVII Limited
Partnership, a Massachusetts limited partnership. Dispositive power
with respect to such Units is shared by the Fund XVII General
Partners as reporting persons in their capacities as general
partners of such limited partnership.
225 Units are held by Equity Resource Fund XIX Limited Partnership,
a Massachusetts limited partnership. Dispositive power with respect
to such Units is shared by the Fund XIX General Partners as
reporting persons in their capacities as general partners of such
limited partnership.
See Item 2 below for other required information.
<PAGE>
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
125 Units are held by Equity Resource Cambridge Fund Limited Partnership,
a Massachusetts limited partnership, of which the reporting persons
Equity Resources Group, Incorporated, James E. Books, Eggert Dagbjartsson
and Mark S. Thompson are the general partners.
20 Units are held by Equity Resource General Fund Limited Partnership, a
Massachusetts limited partnership, of which the reporting persons Equity
Resources Group, Incorporated, James E. Books, Eggert Dagbjartsson and
Mark S. Thompson are the general partners.
1,559.5 Units are held by Equity Resource Fund XVII Limited Partnership,
a Massachusetts limited partnership, of which the reporting persons
Equity Resources Group, Incorporated and Eggert Dagbjartsson are the
general partners.
225 Units are held by Equity Resource Fund XIX Limited Partnership, a
Massachusetts limited partnership, of which the reporting persons Equity
Resources Group, Incorporated and Eggert Dagbjartsson 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) [ ]
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.4% are held by
Equity Resource Cambridge Fund Limited Partnership, a Massachusetts
limited partnership, of which the reporting persons Equity Resources
Group, Incorporated, James E. Books, Eggert Dagbjartsson and Mark S.
Thompson are the general partners.
0.1% are held by Equity Resource General Fund Limited Partnership, a
Massachusetts limited partnership, of which the reporting persons Equity
Resources Group, Incorporated, James E. Books, Eggert Dagbjartsson and
Mark S. Thompson are the general partners.
4.4% are held by Equity Resource Fund XVII Limited Partnership, a
Massachusetts limited partnership, of which the reporting persons Equity
Resources Group, Incorporated and Eggert Dagbjartsson are the general
partners.
0.6% are held by Equity Resource Fund XIX Limited Partnership, a
Massachusetts limited partnership, of which the reporting persons Equity
Resources Group, Incorporated and Eggert Dagbjartsson are the general
partners
<PAGE>
See Item 2 below for other required information.
14. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
Equity Resources Group, Incorporated: CO
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 Krupp Realty Limited Partnership V, a Massachusetts limited partnership with
its principal executive office at c/o The Berkshire Group, 470 Atlantic Avenue,
Boston, MA 02210.
Item 2. Identity and Background.
(a) The names of the persons filing this statement are Equity Resources
Group, Incorporated, a Massachusetts corporation, James E. Brooks, Mark S.
Thompson, and Eggert Dagbjartsson, respectively. Equity Resources Group,
Incorporated, James E. Brooks, Mark S. Thompson and Eggert Dagbjartsson are the
general partners of Equity Resource Cambridge Fund Limited Partnership and
Equity Resource General Fund Limited Partnership. Equity Resources Group,
Incorporated and Eggert Dagbjartsson are the general partners of Equity
Resource Fund XVII Limited Partnership and Equity Resource Fund XIX 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.
(b) The business address of each of Equity Resources Group, Incorporated,
Mark S. Thompson, James E. Brooks, and Eggert Dagbjartsson, respectively, is 14
Story Street, Cambridge, Massachusetts 02138.
(c) 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 Equity Resources Group,
Incorporated, Mark S. Thompson, James E. Brooks, and Eggert Dagbjartsson,
respectively, has been convicted in a criminal proceeding (excluding traffic
violations or similar misdemeanors).
<PAGE>
(e) During the past five years, none of Equity Resources Group,
Incorporated, Mark S. Thompson, James E. Brooks, and Eggert Dagbjartsson,
respectively, 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) Mark S. Thompson, James E. Brooks, and Eggert Dagbjartsson are
citizens of the United States.
Item 3. Source and Amount of Funds or Other Consideration.
Equity Resource Cambridge Fund Limited Partnership, Equity Resource
General Fund Limited Partnership, Equity Resource Fund XVII Limited Partnership
and Equity Resource Fund XIX Limited Partnership, respectively, purchased the
Units hereby reported for an aggregate of $303,425.00 cash. The source of such
funds was the working capital of these respective limited partnerships.
Item 4. Purpose of Transaction.
Equity Resource Cambridge Fund Limited Partnership, Equity Resource
General Fund Limited Partnership, Equity Resource Fund XVII Limited Partnership
and Equity Resource Fund XIX 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) The reporting persons, in their capacities as general partners of
each of Equity Resource Cambridge Fund Limited Partnership, Equity Resource
General Fund Limited Partnership, Equity Resource Fund XVII Limited Partnership
and Equity Resource Fund XIX Limited Partnership, respectively, beneficially
own an aggregate of 1,929.5 Units, representing 5.48% of the Units presently
outstanding (the percentages reported in Item 13 do not cumulate to 5.48%
because of rounding done pursuant to the instructions to Schedule 13D).
(b) The reporting persons, in their capacities as general partners of
each of Equity Resource Cambridge Fund Limited Partnership, Equity Resource
General Fund Limited Partnership, Equity Resource Fund XVII Limited Partnership
and Equity Resource Fund XIX Limited Partnership, respectively, share the power
to vote or direct the vote and to dispose of or direct the disposition of all
of the 1,929.5 Units referred to in Item 5(a). See Item 2 above for other
required information.
<PAGE>
(c) Not applicable.
(d) Not applicable.
(e) Not applicable.
Item 6. Contracts, Arrangements, Understandings or Relationships With
Respect to Securities of the Issuer.
None.
Item 7. Material to be Filed as Exhibits.
Exhibit 7.1 Agreement dated as of December 12, 1996, between Equity
Resources Group, Incorporated, James E. Brooks, Mark S. Thompson and
Eggert Dagbjartsson with respect to the filing of this statement on
Schedule 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.
December 12, 1996 December 12, 1996
----------------- -----------------
(Date) (Date)
EQUITY RESOURCES GROUP,
INCORPORATED
By /s/ Mark S. Thompson /s/ James E. Brooks
__________________________ _________________________________
Mark S. Thompson James E. Brooks, individually
President
/s/ Mark S. Thompson
_________________________________
Mark S. Thompson, individually
/s/ Eggert Dagbjartsson
_________________________________
Eggert Dagbjartsson, individually
<PAGE>
EXHIBIT 7.1
AGREEMENT
This Agreement dated as of December 12, 1996, is by and among Equity
Resources Group, Incorporated, a Massachusetts corporation, James E. Brooks,
Mark S. Thompson and Eggert Dagbjartsson, each an individual.
Each of the parties may be required to file with the United States
Securities and Exchange Commission a statement on Schedule 13D with respect to
an aggregate of 1,929.5 units (the "Units") of limited partnership interest in
Krupp Realty Limited Partnership V, a Massachusetts limited partnership, held
by Equity Resource Cambridge Fund Limited Partnership, Equity Resource General
Fund Limited Partnership, Equity Resource Fund XVII Limited Partnership and
Equity Resource Fund XIX Limited Partnership, respectively, by reason of the
respective parties being the general partners of each of Equity Resource
Cambridge Fund Limited Partnership, Equity Resource General Fund Limited
Partnership, Equity Resource Fund XVII Limited Partnership and Equity Resource
Fund XIX 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
By /s/ Mark S. Thompson /s/ James E. Brooks
_________________________ _________________________________
Mark S. Thompson James E. Brooks, individually
President
/s/ Mark S. Thompson
__________________________________
Mark S. Thompson, individually
/s/ Eggert Dagbjartsson
__________________________________
Eggert Dagbjartsson, individually
