<TABLE>
<CAPTION>
U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility
Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
<S> <C>
- -------------------------------- OMB APPROVAL
FORM 3 OMB Number: 3235-0104
- -------------------------------- Expires: December 31, 2001
Estimated average burden
hours per response .... 0.5
</TABLE>
(Print or Type Responses)
1. Name and Address of Reporting Person *
KRF5 Acquisition, L.L.C.
(Last) (First) (Middle)
One Beacon Street, Suite 1500
(Street)
Boston MA 02108
(City) (State) (Zip)
2. Date of Event Requiring Statement ( Month / Day / Year )
12/02/99
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Issuer Name and Ticker or Trading Symbol
Krupp Realty Limited Partnership - V
5. Relationship of Reporting Person to Issuer (Check all applicable)
Director 10% Owner
----- -----
Officer (give title X Other
----- below) ----- (specify
below)
May be deemed to be member of 13(d) group owning more than 10%
--------------------------------------------------------------
6. If Amendment, Date or Original (Month/Year)
7. Individual or Join/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
-----
X Form filed by More than One Reporting Person
-----
<TABLE>
<CAPTION>
TABLE I -- NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
1. Title of security 2. Amount of Securities 3. Ownership 4. Nature of Indirect
(Inst.4) Beneficially Owned Form: Direct (D) Beneficial Ownership
(Instr. 4) or Indirect (I) (Instr. 5)
(Inst. 5)
- ---------------------------------------------- ------------------------------ ------------------- -----------------------------
<S> <C> <C> <C>
Investor limited partnership interests of
Krupp Realty Limited Partnership - V 1 (1) I By limited partnership
- ---------------------------------------------- ------------------------------ ------------------- -----------------------------
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over)
* If the Form is filed by more than one reporting person, SEE instruction 5(b)(v). SEC 1473(3-99)
</TABLE>
Page 1 of 7
<PAGE>
<TABLE>
<CAPTION>
FORM 3 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES BENEFICIALLY OWNED (E.G., PUTS,
CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
1. Title of Derivative Security 2. Date Exercisable and 3. Title and Amount of Securities Underlying
(Instr. 4) Expiration Date Derivative Security (Instr. 4)
(Month/Day/Year)
Amount or
Date Expiration Title Number of
Exercisable Date Shares
- --------------------------------------------------- ----------- ----------- ---------------------- -----------------------------
<S> <C> <C> <C> <C>
- --------------------------------------------------- ----------- ----------- ---------------------- -----------------------------
<CAPTION>
4. Conversion or 5. Ownership 6. Nature of Indirect
Exercise Price of Form of Beneficial Ownership
Derivative Derivative (Instr. 5)
Security Security:
Direct (D) or
Indirect (I)
(Instr. 5)
- ---------------------------- --------------------- ------------------------------------------------
<S> <C> <C>
- ---------------------------- --------------------- ------------------------------------------------
</TABLE>
Explanation of Responses:
(1) The limited partnership interest may be deemed to be beneficially owned
indirectly by Douglas Krupp and George Krupp, respectively. Douglas Krupp
and George Krupp disclaim beneficial ownership of this interest except to
the extent of their pecuniary interest therein.
The filing of this statement shall not be deemed an admission that the Reporting
Persons are the beneficial owners of any securities not held directly for their
accounts for purposes of Section 16 of the Securities and Exchange Act of 1934,
as amended, or otherwise.
**Intentional misstatements or omissions of facts constitute Federal Criminal
Violations. SEE 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient, SEE Instruction 6 for procedure.
See pages 3 - 7 attached December 13, 1999
- -------------------------------- -----------------
** Signature of Reporting Person Date
Page 2 of 7
<PAGE>
SIGNATURES
After due inquiry and to the best of the undersigned's knowledge and
belief, the undersigned certifies that the information set forth in this
amendment is true, complete and correct.
Dated: December 13, 1999
KR5 Acquisition, L.L.C.
By: KRF Company, L.L.C.,
its sole member
By: The Krupp Family Limited
Partnership - 94,
its sole member
By: /s/ Douglas Krupp
-----------------
Name: Douglas Krupp
Title: General Partner
Page 3 of 7
<PAGE>
JOINT FILER INFORMATION
Name: KRF COMPANY, L.L.C.
Address: One Beacon Street, Suite 1500
Boston, Massachusetts 02108
Designated Filer: KR5 Acquisition, L.L.C.
Issuer: Krupp Realty Limited Partnership - V
Date of Event Requiring
Statement: December 2, 1999
Signature: KRF Company, L.L.C.
By: The Krupp Family Limited
Partnership - 94, its sole member
By: /s/ Douglas Krupp
-----------------
Name: Douglas Krupp
Title: General Partner
Page 4 of 7
<PAGE>
JOINT FILER INFORMATION
Name: THE KRUPP FAMILY LIMITED PARTNERSHIP - 94
Address: One Beacon Street, Suite 1500
Boston, Massachusetts 02108
Designated Filer: KR5 Acquisition, L.L.C.
Issuer: Krupp Realty Limited Partnership - V
Date of Event Requiring
Statement: December 2, 1999
Signature: The Krupp Family Limited Partnership - 94
By: /s/ Douglas Krupp
-----------------
Name: Douglas Krupp
Title: General Partner
Page 5 of 7
<PAGE>
JOINT FILER INFORMATION
Name: DOUGLAS KRUPP
Address: One Beacon Street, Suite 1500
Boston, Massachusetts 02108
Designated Filer: KR5 Acquisition, L.L.C.
Issuer: Krupp Realty Limited Partnership - V
Date of Event Requiring
Statement: December 2, 1999
Signature: Douglas Krupp
/s/ Douglas Krupp
-----------------
Douglas Krupp
Page 6 of 7
<PAGE>
JOINT FILER INFORMATION
Name: GEORGE KRUPP
Address: One Beacon Street, Suite 1500
Boston, Massachusetts 02108
Designated Filer: KR5 Acquisition, L.L.C.
Issuer: Krupp Realty Limited Partnership - V
Date of Event Requiring
Statement: December 2, 1999
Signature: George Krupp
/s/ George Krupp
----------------
George Krupp
Page 7 of 7
