-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, CFCJaOf7nT8f7QqE9nVZTsBBVQVR/6tQCLoa7bUgxmMHS5sIcTeJd3mJrgHNT6PQ NyYhaeGpVbuEADqIuA565w== 0000711642-10-000220.txt : 20100701 0000711642-10-000220.hdr.sgml : 20100701 20100701112532 ACCESSION NUMBER: 0000711642-10-000220 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20100625 ITEM INFORMATION: Other Events FILED AS OF DATE: 20100701 DATE AS OF CHANGE: 20100701 FILER: COMPANY DATA: COMPANY CONFORMED NAME: REAL ESTATE ASSOCIATES LTD V CENTRAL INDEX KEY: 0000702644 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE [6500] IRS NUMBER: 953768810 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-12438 FILM NUMBER: 10929401 BUSINESS ADDRESS: STREET 1: 9090 WILSHIRE BLVD STREET 2: STE 201 CITY: BEVERLY HILLS STATE: CA ZIP: 90211 BUSINESS PHONE: 3102782191 MAIL ADDRESS: STREET 1: 9090 WILSHIRE BLVD STREET 2: STE 201 CITY: BEVERLY HILLS STATE: CA ZIP: 90211 8-K 1 real53rivers_8k.htm 8K UNITED STATES

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

 

FORM 8-K

 

 

CURRENT REPORT

 

 

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported) June 25, 2010

 

REAL ESTATE ASSOCIATES LIMITED V

(Exact name of Registrant as specified in its charter)

 

California

0-012438

95-3768810

(State or other jurisdiction

(Commission

(I.R.S. Employer

of incorporation)

File Number)

Identification Number)

 

 

55 Beattie Place

Post Office Box 1089

Greenville, South Carolina 29602

(Address of principal executive offices)

 

 

(864) 239-1000

(Issuer's telephone number)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions:

 

[ ]   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

[ ]   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

[ ]   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

[ ]   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

Item 8.01   Other Events

 

Real Estate Associates Limited V, a California limited partnership (the “Registrant”), owns a 99% limited partnership interest in Richland Senior Associates, a Washington limited partnership (the “Partnership”). The Partnership owned Richland Three Rivers Retirement Apartments (“Three Rivers”), a 40-unit apartment complex located in Richland, Washington.

 

As previously disclosed, on June 25, 2009, the Partnership entered into a Purchase and Sale Agreement with a third party, American Baptist Homes of the West, a California nonprofit public benefit corporation (the “Purchaser”), relating to the sale of Three Rivers for a total sales price of $1,800,000. 

 

On June 25, 2010, the Partnership sold Three Rivers to an affiliate of the Purchaser for a total sales price of $1,800,000.  The Registrant received a distribution of approximately $500,000. The Registrant had no remaining investment balance in the Partnership at March 31, 2010 and December 31, 2009.

 

In accordance with the terms of the Registrant’s partnership agreement, the Registrant’s corporate general partner is currently evaluating the cash requirements of the Registrant to determine what portion of the sales distribution it received, if any, will be available to distribute to the Registrant’s partners.

 

 

 

SIGNATURE

 

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

REAL ESTATE ASSOCIATES LIMITED V

 

By:  National Partnership Investments Corp.

Corporate General Partner

 

By:  /s/Stephen B. Waters

Stephen B. Waters

Senior Director of Partnership Accounting

 

 

  Date:  July 1, 2010

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