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New England Realty Associates LP (NEN)
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About New England Realty Associates LP
New England Realty Associates Limited Partnership buys, develops, owns, runs and sells real estate in the United States. Its holdings include apartments, condominium units and commercial property, mostly in Massachusetts and New Hampshire. As of February 1, 2022, it owned and managed 2,892 apartment units in 25 residential and mixed-use complexes, plus 19 condominium units in the Boston area.
Its commercial holdings include a shopping center in Framingham, Massachusetts, and commercial buildings in Newton, Brookline, Boston, Brockton and other Massachusetts locations. It also owns 40% to 50% stakes in seven residential and mixed-use complexes, which together have 688 residential units, one commercial unit and a 50-car parking lot.
The partnership's general partner is NewReal, Inc. It was formed in 1977 and is based in Allston, Massachusetts. It aims to invest carefully, keep its residential and commercial space in good condition and respond to tenant needs in the regional market.
New England Realty Associates LP financials at a glance
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