RESOURCES PENSION SHARES 5 LP
SC 14D1/A, 1998-03-03
REAL ESTATE INVESTMENT TRUSTS
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<PAGE>

                         SECURITIES AND EXCHANGE COMMISSION
                              Washington, D.C.  20549

                              -----------------------
                                          
                                   SCHEDULE 14D-1
                Tender Offer Statement Pursuant to Section 14(d)(1)
                       of the Securities Exchange Act of 1934
                                 (AMENDMENT No. 1)

                              -----------------------
                                          
                          RESOURCES PENSION SHARES 5, L.P.
                           a Delaware Limited Partnership
                             (Name of Subject Company)
                                          
                           PRESIDIO RPS ACQUISITION CORP.
                                      (Bidder)
                                          
                               PRESIDIO CAPITAL CORP.
                                    (Co-Bidder)
                                          
                       UNITS OF LIMITED PARTNERSHIP INTEREST
                                  (Title of Class
                                   of Securities)
                                          
                                        NONE
                               (CUSIP Number of Class
                                   of Securities)

                              -----------------------

          Allan B. Rothschild                        Copy to: 
     Presidio RPS Acquisition Corp.               Mark I. Fisher
         411 West Putnam Avenue                  Todd J. Emmerman
          Greenwich, CT  06830                 Rosenman & Colin LLP
            (203) 862-7051                      575 Madison Avenue
                                          New York, New York 10022-2585
                                                 (212) 940-8800

                       (Name, Address and Telephone Number of
                      Person Authorized to Receive Notices and
                        Communications on Behalf of Bidder)

                             Calculation of Filing Fee

<TABLE>
- - -------------------------------------------------------------------------------
             Transaction                                 Amount of
              Valuation*                                 Filing Fee
              ----------                                 ----------
<S>                                                       <C>
             $13,000,000                                  $2,600.00    
- - -------------------------------------------------------------------------------
</TABLE>

  *For purposes of calculating the filing fee only.  This amount assumes the
purchase of 2,000,000 Limited Partnership Interests ("Units") of the subject
company for $6.50 per Unit in cash.

/X/  Check box if any part of the fee is offset as provided by Rule 0-11(a)(2)
     and identify the filing with which the offsetting fee was previously paid.
     Identify the previous filing by registration statement number, or the Form
     or Schedule and date of its filing.

Amount previously paid:  $2,400.00     Filing Party: PRESIDIO RPS ACQUISITION 
                                                     CORP.

Form or registration no.:  SCHEDULE 14D-1    Date Filed:  FEBRUARY 18, 1998 
                           --------------                 -----------------

                              (Continued on following page(s))
                                     (Page 1 of 7 Pages)
<PAGE>



CUSIP No.:  NONE                       14D-1                 Page 2 of 7 Pages
            ----                  

- - -------------------------------------------------------------------------------
1.   Name of Reporting Person
     S.S. or I.R.S. Identification No. of Above Person

                            PRESIDIO RPS ACQUISITION CORP.
- - -------------------------------------------------------------------------------
2.   Check the Appropriate Box if a Member of a Group
     (See Instructions)
                                                                        (a) / /

                                                                        (b) / /
- - -------------------------------------------------------------------------------
3.   SEC Use Only

- - -------------------------------------------------------------------------------
4.   Sources of Funds (See Instructions)

          AF; WC
- - -------------------------------------------------------------------------------
5.   Check Box if Disclosure of Legal Proceedings is
     Required Pursuant to Items 2(e) or 2(f)

                                                                            / /
- - -------------------------------------------------------------------------------
6.   Citizenship or Place of Organization

          Delaware
- - -------------------------------------------------------------------------------
7.   Aggregate Amount Beneficially Owned by Each Reporting
     Person

          100 Units
- - -------------------------------------------------------------------------------
8.   Check Box if the Aggregate Amount in Row (7) Excludes
     Certain Shares (See Instructions)
                                                                            / /
- - -------------------------------------------------------------------------------
9.   Percent of Class Represented by Amount in Row (7)

          Less than .1%
- - -------------------------------------------------------------------------------
10.  Type of Reporting Person (See Instructions)

          CO 
- - -------------------------------------------------------------------------------
<PAGE>

CUSIP No.:  NONE                    14D-1                     Page 3 of 7 Pages
            ----

- - -------------------------------------------------------------------------------
1.   Name of Reporting Person
     S.S. or I.R.S. Identification No. of Above Person

                                PRESIDIO CAPITAL CORP.
- - -------------------------------------------------------------------------------

2.   Check the Appropriate Box if a Member of a Group
     (See Instructions)
                                                                        (a) / /
                                                                        (b) / /
- - -------------------------------------------------------------------------------
3.   SEC Use Only

- - -------------------------------------------------------------------------------
4.   Sources of Funds (See Instructions)

          N/A
- - -------------------------------------------------------------------------------
5.   Check Box if Disclosure of Legal Proceedings is
     Required Pursuant to Items 2(e) or 2(f)

                                                                            / /
- - -------------------------------------------------------------------------------
6.   Citizenship or Place of Organization

          Delaware
- - -------------------------------------------------------------------------------
7.   Aggregate Amount Beneficially Owned by Each Reporting
     Person

          624,935.33 Units*
- - -------------------------------------------------------------------------------
8.   Check Box if the Aggregate Amount in Row (7) Excludes
     Certain Shares (See Instructions)
                                                                            / /
- - -------------------------------------------------------------------------------
9.   Percent of Class Represented by Amount in Row (7)

          Approximately 11.1%
- - -------------------------------------------------------------------------------
10.  Type of Reporting Person (See Instructions)

          CO

*    Includes 100 Units owned by Presidio RPS Acquisition Corp. 

<PAGE>

                          AMENDMENT NO. 1 TO SCHEDULE 14D-1

     This Amendment No. 1 amends the Tender Offer Statement on Schedule 14D-1
filed with the Commission on February 18, 1998 (the "Schedule 14D-1") by
Presidio RPS Acquisition Corp. (the "Purchaser"), a Delaware corporation,
relating to the tender offer of the Purchaser to purchase up to 2,000,000 of the
outstanding Units of Limited Partnership Interest ("Units") of Resources Pension
Shares 5, L.P.(the "Partnership"), a Delaware limited partnership, at a purchase
price of $6.00 per Unit, net to the seller in cash, without interest, upon the
terms set forth in the Offer to Purchase (the "Offer to Purchase") and in the
related Letter of Transmittal, as each may be supplemented or amended from time
to time (which together constitute the "Offer") to include the information set
forth below.  Terms not otherwise defined herein shall have the meaning ascribed
to them in the Schedule 14D-1 and the Offer to Purchase.

Item 1.   SECURITY AND SUBJECT COMPANY.

          Item 1(b) is hereby replaced by the following:

     This Schedule relates to the offer by Presidio RPS Acquisition Corp. (the
"Purchaser"), a Delaware corporation, to purchase up to 2,000,000 outstanding
Units of Limited Partnership Interest ("Units") of the Partnership at $6.50 per
Unit net to the seller in cash, without interest, upon the terms and subject to
the conditions set forth in the Offer to Purchase dated February 18, 1998 (the
"Offer to Purchase") and the related Letter of Transmittal, copies of which are
attached hereto as Exhibits (a)(1) and (a)(2), respectively.  The number of
Units outstanding is set forth in "INTRODUCTION" in the Offer to Purchase and is
incorporated herein by reference.

Item 7.   CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH
          RESPECT TO THE SUBJECT COMPANY'S SECURITIES.

          Item 7 is hereby supplemented by adding the following:

     The Purchaser increased the Purchase Price to $6.50 per Unit based 

                                    4
<PAGE>

in part on the agreement of the holders of approximately 350,000 Units (or 
persons controlling or influencing the disposition of such Units) to tender 
such Units pursuant to the Offer.  No written agreement currently has been 
executed with respect to the foregoing. 

Item 11.  MATERIAL TO BE FILED AS EXHIBITS.

          Item 11 is hereby amended by adding the following, which are attached
as exhibits:

          (a)(4)    Letter to Unitholders.
      
                                             5
<PAGE>

                                      Signatures       

     After due inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.

Dated:  March 3, 1998

                                    PRESIDIO RPS ACQUISITION CORP.




                                    By:  /s/ Allan B. Rothschild     
                                         ---------------------------------
                                         Name:   Allan B. Rothschild
                                         Title:  Vice President



                                    PRESIDIO CAPITAL CORP.




                                    By:  /s/ Allan B. Rothschild
                                         ---------------------------------
                                         Title: Executive Vice President

                                          6
<PAGE>

                                     Exhibit Index

                                                              Sequentially
Exhibit No.                   Description                    Numbered Page
- - -----------                   -----------                    -------------
(a)(4)         Letter to Unitholders. . . . . . . . . . . . 








                                            7

<PAGE>

                                        $6.50

                              PRICE INCREASE TO PURCHASE
                                       UNITS OF
                           RESOURCES PENSION SHARES 5, L.P.
                                          BY
                            PRESIDIO RPS ACQUISITION CORP.


     PRESIDIO RPS ACQUISITION CORP. has increased its offer to purchase Units in
Resources Pension Shares 5, L.P. to $6.50 per Unit. 
                          

     -    THE INCREASED OFFER IS BEING MADE ON THE SAME TERMS AND
          CONDITIONS AS THE ORIGINAL OFFER.  YOU WILL NOT BE OBLIGATED TO
          PAY ANY COMMISSIONS OR TRANSFER FEES.

     -    IF YOU HAVE ALREADY TENDERED TO PRESIDIO RPS ACQUISITION CORP.
          AND HAVE NOT WITHDRAWN YOUR TENDER YOU WILL AUTOMATICALLY RECEIVE
          THE BENEFIT OF THE INCREASED $6.50 OFFER.  NO FURTHER ACTION IS
          NECESSARY. 

     -    THE OFFER WILL EXPIRE AT 12:00 MIDNIGHT, NEW YORK CITY TIME, ON 
          MARCH 17, 1998 UNLESS EXTENDED.

     If you elect to tender your Units, mail or facsimile a duly completed and
executed copy of the Letter of Transmittal, a copy of which is enclosed, and any
documents required by the Letter of Transmittal to the Depositary using the
enclosed pre-addressed, postage paid envelope at:


                                The Herman Group, Inc.
                         2121 San Jacinto Street, 26th Floor
                                 Dallas, Texas 75201

                   Facsimile No. (214) 999-9348  or  (214) 999-9323

                         For information call 1-800-992-6209


                                        PRESIDIO RPS ACQUISITION CORP.


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