Exhibit 5 PROPERTY MANAGEMENT AGREEMENT This Agreement is made as of the ____ day of ________________, 199___ between the undersigned KRUPP REALTY FUND, LTD.-III (The "Owner") and the undersigned BERKSHIRE REALTY ENTERPRISES LIMITED PARTNERSHIP, (the...Property Management Agreement • May 4th, 1999 • Krupp Realty Fund LTD Iii • Real estate
AGREEMENT This Agreement (the "Agreement") is made and entered into as of the 22nd day of May, 1997, by and between The Krupp Corporation ("Krupp"), a Massachusetts corporation with a principal place of business at 470 Atlantic Avenue, Boston,...Agreement This Agreement • May 4th, 1999 • Krupp Realty Fund LTD Iii • Real estate • Massachusetts
Exhibit 4 --------- KRUPP REALTY FUND, LTD. - III (A Massachusetts Limited Partnership) AMENDED AGREEMENT OF LIMITED PARTNERSHIP AMENDED AGREEMENT dated as of the 1st day of June, 1982, by and among The Krupp Company, a Massachusetts limited...Krupp Realty Fund LTD Iii • May 4th, 1999 • Real estate • Massachusetts
Sincerely yours, /s/ Douglas S. Krupp -------------------- Douglas S. Krupp The Krupp Corporation, a General PartnerKrupp Realty Fund LTD Iii • May 4th, 1999 • Real estate
As you are by now aware, Madison Liquidity Investors 104, LLC, a Delaware limited liability company (the "Purchaser"), has made an offer (the "Madison Offer") to purchase limited partnership units ("Units") of Krupp Realty Fund, Ltd.- III (the "Partnership") for $425 per Unit (less a $50 transfer fee charged by the Partnership and any cash distributions made after April 21, 1999). The Madison Offer currently is scheduled to expire on May 24, 1999.
