Welcome to our dedicated page for New England SEC filings (Ticker: NEN), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The SEC filings page for New England Realty Associates Limited Partnership (NEN) brings together the partnership’s official U.S. Securities and Exchange Commission disclosures, including current reports on Form 8-K and amendments on Form 8-K/A. These documents provide detailed information about property acquisitions, financing arrangements, pro forma financial data and other material events affecting the partnership’s real estate operations.
New England Realty Associates Limited Partnership, a Massachusetts limited partnership whose Class A Limited Partnership Units trade on the NYSE American under the symbol NEN, uses its SEC filings to describe transactions such as the acquisition of multifamily and commercial properties in Belmont, Massachusetts, known as the Hill Estates Properties and related commercial properties. Forms 8-K and 8-K/A outline the terms of the Purchase and Sale Agreement, the number and type of residential and commercial units acquired, the total purchase price allocation and the use of wholly owned subsidiaries to hold these assets.
Filings also detail financing structures used to support acquisitions, such as an Interim Loan Agreement between a wholly owned subsidiary and KeyBank National Association, the principal amount of the loan, its purpose, the security provided by a mortgage on the property and the partnership’s role as limited guarantor. Additional borrowings under a Master Credit Facility and the use of cash from the sale of U.S. Treasury bills are described in the same context.
Amended 8-K/A filings include audited statements of revenues and certain expenses for acquired properties and unaudited pro forma consolidated financial statements for the partnership. Footnotes explain the pro forma impact of acquisitions on taxable income and cash available from operations. Through Stock Titan, users can access these filings as they are made available on EDGAR and use AI-powered summaries to interpret complex sections, such as acquisition accounting, loan terms and pro forma adjustments, without reading every line of the underlying documents.
New England Realty Associates (NYSEAMER: NEN) announced a significant property acquisition through its subsidiary Hill Estates NERA, LLC. The company acquired the Hill Estates Properties in Belmont, Massachusetts for $172 million, consisting of 28 buildings with 396 residential units and 4 commercial units. The acquisition was funded through $104.5 million in cash reserves and a $67.5 million loan from KeyBank.
The loan agreement with KeyBank carries a floating interest rate of SOFR plus 150 basis points, with monthly interest payments beginning July 10, 2025, and principal due December 17, 2025. Additionally, the company purchased two non-contiguous commercial properties for $3 million in cash through another subsidiary.