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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 3)*
BERKSHIRE REALTY COMPANY, INC.
- --------------------------------------------------------------------------------
(Name of Issuer)
Shares of Common Stock, par value $0.01 per share
- --------------------------------------------------------------------------------
(Title of Class of Securities)
084710 10 2
-----------------------------------------------------------
(CUSIP Number)
David J. Greenwald, Esq.
Goldman, Sachs & Co.
85 Broad Street, New York, New York 10004
- --------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
October 15, 1999
-----------------------------------------------------------
(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 ss.ss.240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the
following box [_].
NOTE: Schedules filed in paper format shall include a signed original and five
copies of the schedules, including all exhibits. See ss.240.13d-7(b) 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).
<PAGE>
- ------------------------- ----------------------
CUSIP No. 084710 10 2 PAGE 2 OF 6 PAGES
- ------------------------- ----------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only)
The Goldman Sachs Group, Inc.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [_]
(b) [X]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
OO
- --------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [_]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF -0-
SHARES -----------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH -0-
REPORTING -----------------------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH
-0-
-----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-0-
- --------------------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(See Instructions)
[_]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (See Instructions)
HC/CO
- --------------------------------------------------------------------------------
<PAGE>
- ------------------------- ----------------------
CUSIP No. 084710 10 2 PAGE 3 OF 6 PAGES
- ------------------------- ----------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only)
Goldman, Sachs & Co.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [_]
(b) [X]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
OO
- --------------------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [_]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF -0-
SHARES -----------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH -0-
REPORTING -----------------------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH
-0-
-----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-0-
- --------------------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
(See Instructions)
[_]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (See Instructions)
PN/BD/IA
- --------------------------------------------------------------------------------
<PAGE>
CUSIP No. 084710 10 2 PAGE 4 OF 6 PAGES
Whitehall Street Real Estate Limited Partnership XI ("Whitehall"), WXI/BRH
Gen-Par, L.L.C. ("WHGP"), WH Advisors, L.L.C. XI ("WH Advisors, L.L.C."),
Goldman, Sachs & Co. ("GS&Co.") and The Goldman Sachs Group, Inc. (the successor
in interest to The Goldman Sachs Group, L.P., "GS Group") hereby amend the
report on Schedule 13D, dated March 4, 1999, as amended by Amendment No. 1
thereto dated March 8, 1999, as further amended by Amendment No. 2 thereto dated
April 15, 1999 (the "Schedule 13D"), filed in respect of shares of Common Stock,
par value $.01 per share (the "Common Stock"), of Berkshire Realty Company,
Inc., a Delaware corporation ("Berkshire"). Capitalized terms used but not
defined herein shall have the meaning attributed to such terms in the Schedule
13D.
Item 4. Purpose of Transaction.
Item 4 of the Schedule 13D is hereby amended by adding the following
paragraph at the end thereof:
On October 15, 1999, the mergers contemplated by the Merger Agreement
and the OP Merger Agreement (together, the "Mergers") were consummated. In
connection with the Mergers, all outstanding shares of Common Stock and all
outstanding OP Units, other than 512,203 shares of Common Stock and
4,904,066 OP Units (the "Contributed Securities") (which were contributed
to Berkshire Holdings and which were canceled with no consideration
deliverable in exchange therefor) and other than dissenting shares, were
converted into the right to receive the applicable merger consideration
deliverable in exchange therefor.
Item 5. Interests in Securities of the Issuer.
Item 5(a) of the Schedule 13D is hereby amended by adding the following
paragraphs at the end thereof:
As of October 15, 1999, as a result of the consummation of the Mergers
and the conversion of all outstanding shares of Common Stock and all
outstanding OP Units (other than the Contributed Securities and dissenting
shares) into the right to receive the applicable merger consideration
deliverable in exchange therefor, there are no shares of Common Stock held
in Managed Accounts and none of the Reporting Persons beneficially owns, or
may be deemed to beneficially own, any shares of Common Stock or OP Units.
As of October 15, 1999, as a result of the consummation of the Mergers
and the conversion of all outstanding shares of Common Stock and all
outstanding OP Units (other than the Contributed Securities and dissenting
shares) into the right to receive the applicable merger consideration
deliverable in exchange therefor and the cancellation of the Contributed
Securities, none of the Krupp Affiliates and none of Krupp GP or Krupp LP
beneficially owns, or may be deemed to beneficially own, any shares of
Common Stock or OP Units.
<PAGE>
CUSIP No. 084710 10 2 PAGE 5 OF 6 PAGES
Item 7. Material to be Filed as Exhibits.
Item 7 of the Schedule 13D is hereby amended by adding the following
immediately at the end thereof:
Exhibit No. Exhibit
----------- -------
16. Joint Filing Agreement, dated October 21, 1999, among
the Reporting Persons.
<PAGE>
CUSIP No. 084710 10 2 PAGE 6 OF 6 PAGES
SIGNATURE
After reasonable inquiry and to our best knowledge and belief, we
certify that the information set forth in this statement is true complete and
correct.
Dated: October 21, 1999
WHITEHALL STREET REAL ESTATE
LIMITED PARTNERSHIP XI
By: WH Advisors, L.L.C. XI,
its general partner
By: /s/ Elizabeth Burban
----------------------------------
Name: Elizabeth Burban
Title: Vice President
WXI/BRH GEN-PAR, L.L.C.
By: /s/ Elizabeth Burban
----------------------------------
Name: Elizabeth Burban
Title: Vice President
WH ADVISORS, L.L.C. XI
By: /s/ Elizabeth Burban
----------------------------------
Name: Elizabeth Burban
Title: Vice President
THE GOLDMAN SACHS GROUP, INC.
By: /s/ Hans L. Reich
----------------------------------
Name: Hans L. Reich
Title: Attorney-in-Fact
GOLDMAN, SACHS & CO.
By: /s/ Hans L. Reich
----------------------------------
Name: Hans L. Reich
Title: Attorney-in-Fact
JOINT FILING AGREEMENT
Each of the Reporting Persons hereby agrees to make this joint filing
pursuant to Rule 13d-1(k) of the Exchange Act of 1934.
Dated: October 21, 1999
WHITEHALL STREET REAL ESTATE
LIMITED PARTNERSHIP XI
By: WH Advisors, L.L.C. XI,
its general partner
By: /s/ Elizabeth Burban
----------------------------------
Name: Elizabeth Burban
Title: Vice President
WXI/BRH GEN-PAR, L.L.C.
By: /s/ Elizabeth Burban
----------------------------------
Name: Elizabeth Burban
Title: Vice President
WH ADVISORS, L.L.C. XI
By: /s/ Elizabeth Burban
----------------------------------
Name: Elizabeth Burban
Title: Vice President
THE GOLDMAN SACHS GROUP, INC.
By: /s/ Hans L. Reich
----------------------------------
Name: Hans L. Reich
Title: Attorney-in-Fact
GOLDMAN, SACHS & CO.
By: /s/ Hans L. Reich
----------------------------------
Name: Hans L. Reich
Title: Attorney-in-Fact
