-----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, KstDsQKkWjbefo3WoSW2DHdDDJTcwGo/VegkanE/netWRKrR6cM+7dd6y+KScW47 pwXraGByv/cPA/tunKb8aA== 0000891836-99-000309.txt : 19990426 0000891836-99-000309.hdr.sgml : 19990426 ACCESSION NUMBER: 0000891836-99-000309 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19990413 FILED AS OF DATE: 19990423 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BERKSHIRE REALTY CO INC /DE CENTRAL INDEX KEY: 0000869446 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 043086485 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 3 SEC ACT: SEC FILE NUMBER: 001-10660 FILM NUMBER: 99600175 BUSINESS ADDRESS: STREET 1: 470 ATLANTIC AVE CITY: BOSTON STATE: MA ZIP: 02210 BUSINESS PHONE: 8888670100 MAIL ADDRESS: STREET 1: 470 ATLANTIC AVE CITY: BOSTON STATE: MA ZIP: 02210 COMPANY DATA: COMPANY CONFORMED NAME: GOLDMAN SACHS GROUP LP CENTRAL INDEX KEY: 0000904571 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] OWNER IRS NUMBER: 133501777 STATE OF INCORPORATION: NY FISCAL YEAR END: 1130 FILING VALUES: FORM TYPE: 3 BUSINESS ADDRESS: STREET 1: 85 BROAD ST CITY: NEW YORK STATE: NY ZIP: 10004 BUSINESS PHONE: 2129021000 MAIL ADDRESS: STREET 1: 85 BROAD STREET CITY: NEW YORK STATE: NY ZIP: 10004 3 1 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP ------------------------------ OMB APPROVAL ------------------------------ OMB Number: 3235-0104 Expires: September 30, 1998 Estimated average burden hours per response ....... 0.5 ------------------------------ U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 3 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 (Print or Type Responses) ________________________________________________________________________________ 1. Name and Address of Reporting Person* The Goldman Sachs Group, L.P. - -------------------------------------------------------------------------------- (Last) (First) (Middle) 85 Broad Street - -------------------------------------------------------------------------------- (Street) New York, New York 10004 - -------------------------------------------------------------------------------- (City) (State) (Zip) ________________________________________________________________________________ 2. Date of Event Requiring Statement (Month/Day/Year) 4/13/99 ________________________________________________________________________________ 3. I.R.S. Identification Number of Reporting Person, if an Entity (Voluntary) ________________________________________________________________________________ 4. Issuer Name and Ticker or Trading Symbol Berkshire Realty Company, Inc. Symbol: BRI ________________________________________________________________________________ 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) [_] Director [X] 10% Owner [_] Officer (give title below) [_] Other (specify below) -------------------------------- ________________________________________________________________________________ 6. If Amendment, Date of Original (Month/Day/Year) 3/4/99 ________________________________________________________________________________ 7. Individual or Joint/Group Filing (Check Applicable Line) [_] Form filed by One Reporting Person [X] Form filed by More than One Reporting Person ================================================================================ Table I -- NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED ================================================================================
3. Ownership Form: 2. Amount of Securities Direct (D) or 1. Title of Security Beneficially Owned Indirect (I) 4. Nature of Indirect Beneficial Ownership (Instr. 4) (Instr. 4) (Instr. 5) (Instr. 5) - ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 512,203(1) I(1) (1) - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ ====================================================================================================================================
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. * If the form is filed by more than one reporting person, see Instruction 5(b)(v). POTENTIAL PERSONS WHO ARE TO RESPOND TO THE COLLECTION OF INFORMATION CONTAINED IN THIS FORM ARE NOT REQUIRED TO RESPOND UNLESS THE FORM DISPLAYS A CURRENTLY VALID OMB CONTROL NUMBER (Over) SEC 1473 (7-97) FORM 3 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES BENEFICIALLY OWNED (E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES) ================================================================================
5. Owner- 3. Title and Amount of Securities ship Underlying Derivative Security Form of 2. Date Exercisable (Instr. 4) Derivative and Expiration Date --------------------------------- 4. Conver- Security: (Month/Day/Year) Amount sion or Direct 6. Nature of ---------------------- or Exercise (D) or Indirect Date Expira- Number Price of Indirect Beneficial 1. Title of Derivative Exer- tion of Derivative (I) Ownership Security (Instr. 4) cisable Date Title Shares Security (Instr. 5) (Instr. 5) - ------------------------------------------------------------------------------------------------------------------------------------ BRI OP Limited Immed. N/A Common Stock 4,904,066(1) (1) I(1) (1) Partnership Units - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ ====================================================================================================================================
Explanation of Responses: (1) See page 3 attached. **Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). April 23, 1999 - --------------------------------------------- ----------------------- **Signature of Reporting Person Date See page 5 attached. Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. Page 2 SEC 1473 (7-97) Form 3 Continuation Sheet Item 1: The Goldman Sachs Group, L.P. 85 Broad Street New York, New York 10004 Item 2: April 13, 1999 Item 4: Berkshire Realty Company, Inc. - BRI - ------------------------------------------------------------- Instruction 5(b)(v) list of other Reporting Persons: This amendment is being filed by The Goldman Sachs Group, L.P. ("GSG"), Whitehall Street Real Estate Limited Partnership XI ("Whitehall"), WXI/BRH Gen-Par, L.L.C. ("WHGP"), WH Advisors, L.L.C. XI ("WH Advisors") and Goldman, Sachs & Co. ("GS&Co.", and, together with GSG, Whitehall, WHGP and WH Advisors, the "Reporting Persons") and amends the Form 3 filed by the Reporting Persons (other than WHGP) on March 4, 1999. The principal business address for each of the Reporting Persons is 85 Broad Street, New York, New York 10004. Explanation of Responses: On April 12, 1999, Berkshire Realty Holdings, L.P., a Delaware limited partnership ("Berkshire Holdings"), was formed in connection with the transactions that are described herein. The general partners of Berkshire Holdings are WHGP, a wholly owned subsidiary of Whitehall, BRE/Berkshire GP L.L.C., an affiliate of Blackstone ("Blackstone GP"), and Aptco Gen-Par, L.L.C., an affiliate of the BCLP Affiliates ("Krupp GP"). The limited partners of Berkshire Holdings are Whitehall, certain other investment limited partnerships and corporations affiliated with GS&Co. and GSG (the "GS Affiliated Investors"), BRE/Berkshire LP L.L.C., an affiliate of Blackstone ("Blackstone LP"), and Aptco Holdings, L.L.C., an affiliate of the BCLP Affiliates ("Krupp LP"). As previously disclosed, Whitehall, Blackstone and BCLP had formed Aptco for the purpose of making a merger proposal for the acquisition of the Company and related transactions. As a result of the formation of Berkshire Holdings, however, Berkshire Holdings and its affiliates, rather than Aptco, will consummate the transactions described herein. As a result of the formation of Berkshire Holdings, the partners of Berkshire Holdings, including WHGP, may be deemed to have joined the "group"(within the meaning of Section 13(d) of the Securities Exchange Act of 1934, as amended) that may have been deemed to have been formed by the Reporting Persons, Blackstone and the BCLP Affiliates. Under the terms of the partnership agreement of Berkshire Holdings, Krupp GP and Krupp LP are required to contribute 512,203 shares of Common Stock and 4,904,066 partnership units ("OP Units") in BRI OP Limited Partnership, a Delaware limited partnership which is the operating partnership of the Company, currently owned by the BCLP Affiliates (the "Contributed Securities") to Berkshire Holdings, prior to the consummation of the Merger (as defined below).* Such obligation and contribution may be interpreted as a "pecuniary interest" of the partners of Berkshire Holdings in such Contributed Securities within the meaning of Section 16. - --------------- * Pursuant to the Amended and Restated Agreement of Limited Partnership of BRI OP Limited Partnership, OP Units are convertible at any time into shares of Common Stock on a one-for-one basis or, at the election of the Company, into cash. Page 3 of 5 On April 13, 1999, Berkshire Holdings and BRI Acquisition, LLC, a wholly owned subsidiary of Berkshire Holdings, entered into an Agreement and Plan of Merger, dated as of April 13, 1999, with the Company pursuant to which, on the terms and subject to the conditions set forth therein, among other things, BRI Acquisition, LLC would be merged with and into the Company (provided that, at the option of Berkshire Holdings, upon the satisfaction of certain conditions, the Company would be merged with and into Berkshire Holdings) and the stockholders of the Company (other than the Company, Berkshire Holdings, the subsidiaries of Berkshire Holdings, and stockholders who properly exercise dissenters' rights under Delaware law) would receive in cash $12.25 per share of Common Stock (the "Merger"). Neither the present filing nor anything contained herein shall be construed as an admission that the Reporting Persons together with the GS Affiliated Investors, Blackstone, Blackstone GP, Blackstone LP, Krupp GP, Krupp LP and the BCLP Affiliates constitute a "person" or "group" for any purpose. Neither the present filing nor anything contained herein shall be construed as an admission that Whitehall and WHGP together with the GS Affiliated Investors, Blackstone, Blackstone GP, Blackstone LP, Krupp GP, Krupp LP and the BCLP Affiliates constitute a "person" or "group" for any purpose other than what they may be deemed to constitute under Section 13(d) of the Exchange Act. The Reporting Persons disclaim beneficial ownership of, and any pecuniary interest in, any shares of Common Stock or OP Units, including the Contributed Securities or any other securities beneficially owned by the BCLP Affiliates, and neither the present filing nor anything contained herein shall be construed as an admission otherwise. Page 4 of 5 Form 3 Continuation Sheet Item 1: The Goldman Sachs Group, L.P. 85 Broad Street New York, New York 10004 Item 2: April 13, 1999 Item 4: Berkshire Realty Company, Inc. - BRI - --------------------------------------------------------- SIGNATURES: - ---------- WHITEHALL STREET REAL ESTATE LIMITED PARTNERSHIP XI By: WH Advisors, L.L.C. XI, its general partner By: /s/ Elizabeth M. Burban --------------------------------- Name: Elizabeth M. Burban Title: Vice President WH ADVISORS, L.L.C. XI By: /s/ Elizabeth M. Burban --------------------------------- Name: Elizabeth M. Burban Title: Vice President WXI/BRH Gen-Par, L.L.C. By: /s/ Elizabeth M. Burban --------------------------------- Name: Elizabeth M. Burban Title: Vice President THE GOLDMAN SACHS GROUP, L.P. 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 Page 5 of 5 -----END PRIVACY-ENHANCED MESSAGE-----