New England Realty Associates Limited Partnership filings document the Partnership's real estate assets, capital structure and material corporate events. Recent 8-K and 8-K/A filings report completed property acquisition activity, including multifamily and commercial real estate in Belmont, Massachusetts, along with related financial statements and unaudited pro forma financial information required under Item 9.01.
The filings also describe material loan agreements and guaranty arrangements involving wholly owned subsidiaries, the registration of Class A Limited Partnership Units under the NEN symbol, exchange listing information, and governance and reporting status disclosures for a publicly traded real estate limited partnership.
New England Realty Associates Limited Partnership (NEN) reports that its Advisory Committee elected Michael Griffin on August 12, 2026, to fill the vacancy left by Gregory Dube. Limited partners representing approximately 52% of the Limited Partnership Units had approved the election as of September 8, 2026, completing the approval process described in the partnership agreement. The action will become effective on or after October 29, 2026. Limited partners receiving this notice are not being asked to vote or return a proxy. Griffin joins Robert Nahigian and David Ross on the three-member committee, which advises the general partner and reviews partnership progress, distributions, and proposed transactions with affiliates.
Jameson Pruitt Brown reported disposition transactions in this Form 4 filing. New England Realty Associates Limited Partnership repurchased 15.3 Class B Units of Limited Partnership Interest and 0.40 Units of General Partner Interest on September 30, 2026, in transactions reported by Treasurer, director and 10% owner Jameson Pruitt Brown. The reported price was $1,648.91 per unit; the transactions were pursuant to the Partnership’s equity repurchase program and a Rule 10b5-1 trading arrangement. Reported post-transaction positions were 16,461.1 Class B Units and 433.2 Units of General Partner Interest.
Ronald Brown reported disposition transactions in this Form 4 filing. New England Realty Associates Limited Partnership (NEN) repurchased 5.11 Class B units directly beneficially owned by President Ronald Brown and 0.27 units of general partnership interest from its general partner, indirectly beneficially owned by Brown, on September 30, 2026. The transactions were made pursuant to a Rule 10b5-1 plan. Brown's reported post-transaction positions were 5,487 Class B units held directly and 288.8 general partnership interest units attributable through a close-held corporation, reflecting his 75% equity interest in that corporation.
New England Realty Associates Limited Partnership (NEN) reports that its Advisory Committee elected Michael Griffin to fill a vacancy and that Limited Partners holding approximately 52% of the outstanding Limited Partnership Units have approved this election in writing, satisfying Section 14.11 of the Partnership Agreement. As of the July 27, 2026 record date, there were 114,440 Limited Partnership Units outstanding, consisting of 92,477 Class A Units and 21,963 Class B Units, with each Class A Unit exchangeable for 30 NYSE American–listed Depositary Receipts. The Advisory Committee now comprises Michael Griffin, Robert J. Nahigian and David Ross, all Limited Partners and non-affiliates of the General Partner, and the approval becomes effective no sooner than 20 calendar days after mailing of the information statement.
New England Realty Associates Limited Partnership reported higher rental revenues but a net loss for the periods ended June 30, 2026. For Q2 2026, rental income was $24.18 million and total revenues $24.40 million, compared with $21.24 million a year earlier. Higher expenses, including depreciation and amortization of $8.10 million and interest expense of $5.73 million, led to a Q2 net loss of $1.16 million versus net income of $4.15 million in Q2 2025. Net loss per unit was $9.99.
For the first six months of 2026, total revenues were $48.56 million, with a net loss of $5.07 million versus net income of $7.95 million in the prior-year period, and a loss per unit of $43.63. Cash and cash equivalents were $24.75 million at June 30, 2026; net cash provided by operating activities was $7.57 million. Rental properties totaled $452.15 million, while mortgage notes payable were $526.24 million, and partners’ capital was a deficit of $83.22 million. During 2026 to date, the partnership paid $2.78 million in distributions and spent about $1.24 million on unit repurchases, and completed the sale of two commercial office buildings for approximately $2.60 million, incurring a loss of about $151,000.
Maura Brown reported beneficial ownership of 146,550 Depositary Receipts of New England Realty Associates Limited Partnership, representing 5.3% of the outstanding class based on 2,788,713 Depositary Receipts issued and outstanding as of May 8, 2026. The securities are Depositary Receipts, each representing one-thirtieth of a Class A Limited Partnership Unit.
The filing is made on a late, corrective basis to disclose both historical and current beneficial ownership that first became reportable on June 30, 2013. The Depositary Receipts were initially acquired on June 30, 2013 by means of a gift from Harold Brown, the reporting person’s spouse and a general partner of the issuer; he passed away on February 24, 2019. Over time, Brown’s reported beneficial holdings declined from 200,000 Depositary Receipts (6.4%) on June 30, 2013 to 146,550 on March 31, 2025 (5.2%). She has sole voting and sole dispositive power over all currently reported Depositary Receipts.
NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP director and president Ronald Brown reported an internal restructuring transaction under the Partnership’s equity repurchase program. The Partnership repurchased 28.79 Class B Units of Limited Partnership Interest directly beneficially owned by Brown and 1.52 Units of General Partner Interest held through a close-held corporation that serves as the general partner.
Following these transactions, Brown holds 5,492.10 Class B Units of Limited Partnership Interest directly and 289.10 Units of General Partner Interest indirectly through the corporation, based on his 75% equity interest in that entity. The purchase price of the Units of General Partner Interest was tied to a $60.81 price per Depositary Receipt, each representing one-thirtieth of a Class A Unit, contemporaneously repurchased under the same program.
NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP director and treasurer Jameson Pruitt Brown reported internal restructuring transactions related to the partnership’s equity repurchase program. The partnership repurchased 86.4 NEN Class B Units of Limited Partnership Interest indirectly associated with him through HBC Holdings, LLC and 2.27 NEN Units of General Partner Interest held by a close-held corporation that serves as the general partner.
Following these transactions, HBC Holdings, LLC holds 16,476.5 Class B units indirectly attributable to Brown, while the close-held corporation holds 433.6 general partner units, of which Brown is attributed a 37.5% interest. The repurchase price for the general partner units was tied to the $60.81 price of related Depositary Receipts under the same program.
New England Realty Associates’ major holders filed an amended Schedule 13D reporting significant stakes in its Depositary Receipts. Jameson Brown is reported to beneficially own 878,529 Depositary Receipts, representing 31.50% of the class, based on 2,788,713 Depositary Receipts outstanding as of May 8, 2026.
The filing reflects post-estate settlement transfers following founder Harold Brown’s death, with interests now held through entities including HBC Holdings, HJB 2009 Holdings, JPB Estate LLC, Maisie Brown LLC, New Real and The Hamilton Company Charitable Foundation. Several family members share voting and dispositive power through these vehicles.
The Reporting Persons state they hold their interests for investment and as part of a long-standing ownership structure but may from time to time acquire or dispose of securities, engage with management on strategy and governance, and potentially explore transactions that could involve changes in control or other extraordinary corporate actions. No Depositary Receipt transactions were reported in the past sixty days.
New England Realty Associates L.P. reported a sharp swing to a net loss for the quarter ended March 31, 2026. Total revenues rose to $24.2 million from $20.7 million a year earlier, driven mainly by higher rental income of $24.0 million versus $20.5 million.
Operating costs and non-cash charges increased substantially: depreciation and amortization nearly doubled to $8.0 million, while administrative, operating, repairs, and tax expenses all rose, cutting income before other items to $1.5 million from $6.2 million. Higher interest expense of $5.7 million and lower interest income led to a net loss of $3.9 million, compared with net income of $3.8 million in 2025, or $(33.61) per unit versus $32.53.
Cash from operating activities was $2.3 million, down from $5.5 million, while cash ended the quarter at $25.6 million. Mortgage notes payable totaled $526.9 million, and partners’ capital remained negative at $(79.6) million. The Partnership sold two commercial office buildings for about $2.6 million, incurring a modest loss, continued its unit repurchase program, and paid a $12.00 per unit quarterly distribution.