SC 13D/A 1 d11363csc13dza.txt AMENDMENT NO. 16 TO SCHEDULE 13D SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D (Rule 13d-101) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a) (Amendment No. 16) WINTHROP GROWTH INVESTORS 1 LIMITED PARTNERSHIP -------------------------------------------------------------------------------- (Name of Issuer) LIMITED PARTNERSHIP UNITS -------------------------------------------------------------------------------- (Title of Class of Securities) NONE -------------------------------------------------------------------------------- (CUSIP Number) MR. PATRICK J. FOYE EXECUTIVE VICE PRESIDENT APARTMENT INVESTMENT AND MANAGEMENT COMPANY 4582 SOUTH ULSTER STREET PARKWAY, SUITE 1100 DENVER, COLORADO 80237 TELEPHONE: (303) 757-8101 with a copy to: GREGORY M. CHAIT ROBERT BARKER POWELL, GOLDSTEIN, FRAZER & MURPHY LLP 191 PEACHTREE STREET, N.E., SUITE 1600 ATLANTA, GEORGIA 30303 TELEPHONE: (404) 572-6600 -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) DECEMBER 11, 2003 -------------------------------------------------------------------------------- (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 that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), (f) or (g), check the following box [ ]. (Continued on following pages) (Page 1 of 8 Pages) ------------------------- ------------------ CUSIP NO. NOT APPLICABLE 13D PAGE 2 OF 8 PAGES ------------------------- ------------------ -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS: AIMCO PROPERTIES, L.P. I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY): 84-1275721 -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [X] -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS WC, BK -------------------------------------------------------------------------------- 5 CHECK BOX 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 8 SHARED VOTING POWER SHARES 10,969.25 UNITS BENEFICIALLY OWNED BY -------------------------------------------------- EACH REPORTING 9 SOLE DISPOSITIVE POWER PERSON WITH -------------------------------------------------- 10 SHARED DISPOSITIVE POWER 10,969.25 UNITS -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 10,969.25 UNITS -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 47.4% -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON PN -------------------------------------------------------------------------------- ------------------------- ------------------ CUSIP NO. NOT APPLICABLE 13D PAGE 3 OF 8 PAGES ------------------------- ------------------ -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS: AIMCO-GP, INC. I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY): -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [X] -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS NOT APPLICABLE -------------------------------------------------------------------------------- 5 CHECK BOX 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 8 SHARED VOTING POWER SHARES 10,969.25 UNITS BENEFICIALLY OWNED BY -------------------------------------------------- EACH REPORTING PERSON WITH 9 SOLE DISPOSITIVE POWER -------------------------------------------------- 10 SHARED DISPOSITIVE POWER 10,969.25 UNITS -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 10,969.25 UNITS -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 47.4% -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON CO -------------------------------------------------------------------------------- ------------------------- ------------------ CUSIP NO. NOT APPLICABLE 13D PAGE 4 OF 8 PAGES ------------------------- ------------------ -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS: APARTMENT INVESTMENT AND MANAGEMENT COMPANY I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY): 84-1259577 -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [X] -------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS NOT APPLICABLE -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION MARYLAND -------------------------------------------------------------------------------- 7 SOLE VOTING POWER -------------------------------------------------- NUMBER OF 8 SHARED VOTING POWER SHARES 10,969.25 UNITS BENEFICIALLY OWNED BY -------------------------------------------------- EACH REPORTING PERSON WITH 9 SOLE DISPOSITIVE POWER -------------------------------------------------- 10 SHARED DISPOSITIVE POWER 10,969.25 UNITS -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 10,969.25 UNITS -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 47.4% -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON CO -------------------------------------------------------------------------------- ------------------------- ------------------ CUSIP NO. NOT APPLICABLE 13D PAGE 5 OF 8 PAGES ------------------------- ------------------ This Amendment No. 16 (this "Amendment") amends the Statement on Schedule 13D initially filed on November 19, 1997, as amended by Amendments 1 through 15, which replaced the original parties with AIMCO Properties, L.P. ("AIMCO Properties") and certain of its affiliates (the "Reporting Persons") and otherwise amended and updated the reported beneficial ownership of limited partnership units by the Reporting Persons. Item 1. Security and Issuer The name of the issuer is Winthrop Growth Investors 1 Limited Partnership, a Massachusetts limited partnership (the "Partnership"), and the address of its principal executive offices is 55 Beattie Place, P.O. Box 1089, Greenville, South Carolina 29602. The Partnership's managing general partner is Two Winthrop Properties, Inc., a Massachusetts corporation (the "General Partner"). The General Partner is an affiliate of Apartment Investment and Management Company ("AIMCO"). The title of the class of equity securities to which this statement relates is the Partnership's units of limited partnership interest ("Units"). Item 2. Identity and Background (a) - (c), (f): This Amendment is being filed on behalf of each of the following persons (collectively "Reporting Persons"): (1) AIMCO Properties, L.P., a Delaware limited partnership ("AIMCO Properties"), with principal office at 4582 South Ulster Street Parkway, Suite 1100 Denver, Colorado 80237. Its principal business concerns owning and operating multi-family residential properties. (2) AIMCO-GP, Inc., a Delaware corporation, with principal office at 4582 South Ulster Street Parkway, Suite 1100 Denver, Colorado 80237. Its principal business is to act as the sole general partner of AIMCO Properties and AIMCO. (3) Apartment Investment and Management Company, a Maryland corporation, with principal office at 4582 South Ulster Street Parkway, Suite 1100 Denver, Colorado 80237. Its principal business involves owning and managing multi-family residential properties. (d) - (e): During the past five years, no Reporting Person nor, to the best knowledge of the Reporting Persons, any other Officer, Director, or General Partner thereof has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) nor has been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction which resulted in him or it being subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. ------------------------- ------------------ CUSIP NO. NOT APPLICABLE 13D PAGE 6 OF 8 PAGES ------------------------- ------------------ Item 3. Source and Amount of Funds and Other Consideration The interests to be acquired will be acquired from the working capital of AIMCO Properties, or by borrowings in the ordinary course of business. Item 4. Purpose of Transaction On December 11, 2003, AIMCO Properties and AIMCO/Winthrop Growth Investors 1 GP, LLC, a Delaware limited liability company, entered into agreements with Two Winthrop Properties, Inc., a Delaware corporation, and Winthrop Financial Associates, A Limited Partnership ("Winthrop"), and First Winthrop Corporation, a Delaware corporation ("FWC"), and certain affiliates of Winthrop and FWC with respect to the acquisition of various general partnership interests held by Winthrop and FWC and their affiliates, including the 6.25% general partnership interest held by Two Winthrop Properties, Inc. in the Partnership (the "GP Interest"). The purchase price allocated to the GP Interest was $1,000. The agreements contemplate that Two Winthrop Properties will contribute the GP Interest to AIMCO/Winthrop Growth Investors 1 GP, LLC in exchange for limited partnership interests in AIMCO Properties. The agreements are subject to the necessary actions to obtain the consent of the limited partners, lenders, if applicable, and any necessary governmental consents. A copy of the relevant agreement is attached as Exhibit 7.2. Although AIMCO Properties has no present intention to acquire additional Units or sell Units, it may do so in the future. Any such acquisition may be made through private purchases, through one or more tender or exchange offers, by merger, consolidation or by any other means deemed advisable. Any acquisition may be for cash, limited partnership interests in AIMCO Properties or other consideration. AIMCO Properties may consider selling some or all of the Units it acquires to persons not yet determined, which may include its affiliates. AIMCO Properties may also buy the properties held by the Partnership, although AIMCO Properties has no present intention to do so. There can be no assurance, however, that AIMCO Properties will initiate or complete, or will cause the Partnership to initiate or complete, any subsequent transaction during any specific time period. Except as set forth herein, no Reporting Person has any present plans or proposals which relate to or would result in an extraordinary transaction, such as a merger, reorganization or liquidation, involving the Partnership; a purchase or sale or transfer of a material amount of the Partnership's assets; any changes in composition of the Partnership's senior management or personnel or their compensation; any changes in the Partnership's present capitalization, indebtedness or distribution policy; of any other material changes in their structure or business; changes in the Partnership's charter or limited partnership agreement which may impede the acquisition or control of the Partnership by any person; or causing the Partnership's Units to become eligible for termination of registration pursuant to Section 12(g)(4) of the Exchange Act. Item 5. Interest in Securities of the Issuer (a) - (b) The information in lines 7 through 11 and 13 of each Reporting Person's cover page is incorporated herein by reference. ------------------------- ------------------ CUSIP NO. NOT APPLICABLE 13D PAGE 7 OF 8 PAGES ------------------------- ------------------ (c) Not applicable. (d) No other person is known to have the right to receive or the power to direct the receipt of dividends from, or any proceeds from the sale of, the Units beneficially owned by the reporting persons. (e) Not applicable. Item 7. Material to be Filed as Exhibits. Exhibit 7.1 Agreement of Joint Filing, dated December 18, 2003. Exhibit 7.2 Contribution Agreement dated as of December 1, 2003 between Two Winthrop Properties, Inc., a Massachusetts corporation, and AIMCO Properties, L.P., and AIMCO/Winthrop Growth Investors 1 GP, LLC. ------------------------- ------------------ CUSIP NO. NOT APPLICABLE 13D PAGE 8 OF 8 PAGES ------------------------- ------------------ SIGNATURE After reasonable 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: December 18, 2003 AIMCO PROPERTIES, L.P. By: AIMCO-GP, INC. (General Partner) AIMCO-GP, INC. APARTMENT INVESTMENT AND MANAGEMENT COMPANY By: /s/ Patrick J. Foye ---------------------------- Executive Vice President of each of the foregoing entities