EXHIBIT (a)(5) FOR IMMEDIATE RELEASE June 10, 2002 Contact: Eggert Dagbjartsson Equity Resources Group, Inc. 44 Brattle Street Cambridge, Massachusetts 02138 Telephone: (617) 876-4800 For Immediate Release Equity Resource Lexington Fund Limited Partnership announced today that it has extended its tender offer to purchase up to 5,000 units of limited partnership interests, or LP Units, in Capital Realty Investors II Ltd Partnership, a Maryland limited partnership until June 24, 2002. The terms of the offer are otherwise identical to the terms of the original offer made to holders of LP Units on May 10, 2002. Approximately 300 units have been tendered as of the date of the extension.