Maura Brown files 5.3% ownership report in New England Realty (NYSE: NEN)

Rhea-AI Filing Summary

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.

Key Figures

Current beneficial ownership: 146,550 Depositary Receipts Current ownership percentage: 5.3% Depositary Receipts outstanding: 2,788,713 Depositary Receipts +2 more

5 metrics

Current beneficial ownership 146,550 Depositary Receipts Beneficially owned by Maura Brown as of the filing date

Current ownership percentage 5.3% Percentage of class based on 2,788,713 Depositary Receipts outstanding as of May 8, 2026

Depositary Receipts outstanding 2,788,713 Depositary Receipts Issued and outstanding as of May 8, 2026, per the issuer’s Form 10-Q

Initial reported holdings 200,000 Depositary Receipts Beneficially owned on June 30, 2013, representing 6.4% of the class

Holdings on March 31, 2025 146,550 Depositary Receipts Historical table shows 5.2% of class beneficially owned on March 31, 2025

Key Terms

Depositary Receipts, beneficially owns, sole voting power, dispositive power, +1 more

5 terms

Depositary Receipts financial

"Title of class of securities: Depositary Receipts Each Representing One-Thirtieth"

A depositary receipt is a certificate issued by a bank that represents ownership of shares in a foreign company and can be bought and sold on a local stock exchange. Think of it as a proxy share held in a safe abroad so investors can trade and receive dividends in their own market and currency, making it easier to access foreign companies while exposing investors to the issuer’s underlying business and cross‑border risks.

beneficially owns financial

"the Reporting Person beneficially owns 146,550 Depositary Receipts, representing 5.3%"

Beneficially owns means a person or entity enjoys the economic benefits and control of a security even if the legal title or registration is held in another name. Think of it like having the keys and profits from a car that is registered to a friend: you use it, benefit from it, and make decisions about it even though the official paperwork lists someone else. For investors, this matters because it reveals who truly controls shares, affects voting power, potential conflicts of interest, and regulatory disclosure obligations.

sole voting power financial

"The Reporting Person has the sole power to vote or direct the vote"

Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.

dispositive power financial

"sole power to vote or direct the vote and dispose or direct the disposition"

Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.

Percent of class financial

"Percent of class represented is based on 2,788,713 Depositary Receipts"

Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/03/2026 - 02:03 PM Accepted by SEC EDGAR 08/03/2026 - 02:03 PM Learn about SEC filing dates

FAQ

What ownership stake in NEN does Maura Brown report in this Schedule 13G?

Maura Brown reports beneficial ownership of 146,550 Depositary Receipts, representing 5.3% of New England Realty Associates’ outstanding Depositary Receipts, based on 2,788,713 Depositary Receipts outstanding as of May 8, 2026.

How did Maura Brown initially acquire her NEN Depositary Receipts?

Her Depositary Receipts were initially acquired on June 30, 2013 by means of a gift from Harold Brown, her spouse and a general partner of New England Realty Associates Limited Partnership.

Does Maura Brown have sole voting and dispositive power over her NEN holdings?

Yes. The filing states that Maura Brown has sole power to vote or direct the vote and to dispose or direct the disposition of the 146,550 Depositary Receipts she beneficially owns.

What was the highest historical level of NEN Depositary Receipts reported by Maura Brown?

On June 30, 2013, Maura Brown is reported as beneficially owning 200,000 Depositary Receipts, representing 6.4% of the class, based on issuer information summarized in the historical ownership table.

Why is this NEN Schedule 13G described as a corrective filing?

The Schedule 13G is described as filed late, on a corrective basis to report historical beneficial ownership dating back to June 30, 2013 and the current ownership position as of the filing date.

How has Maura Brown’s percentage ownership in NEN changed over time?

Historical data show her beneficial ownership declining from 200,000 Depositary Receipts (6.4%) on June 30, 2013 to 146,550 Depositary Receipts (5.2%) by March 31, 2025, based on issuer-provided information.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP

(Name of Issuer)

Depositary Receipts Each Representing One-Thirtieth of a Class A Limited Partnership Unit

(Title of Class of Securities)

644206104

(CUSIP Number)

06/30/2013

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 644206104

1

Names of Reporting Persons

Maura Brown

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 146,550.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 146,550.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

146,550.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.3 %

12

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person: (1) Represents the number of Depositary Receipts (as hereinafter defined) beneficially owned by the Reporting Person (as hereinafter defined) as of the date of the filing of this statement on Schedule 13G (this "Statement"). (2) Percent of class represented is based on 2,788,713 Depositary Receipts issued and outstanding as of May 8, 2026, as reported in the Issuer's (as hereinafter defined) Quarterly Report on Form 10-Q ("Form 10-Q") for the fiscal quarter ended March 31, 2026, filed with the U.S. Securities and Exchange Commission (the "SEC") on May 8, 2026, and rounded to the nearest tenth.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP
(b)	Address of issuer's principal executive offices: 39 Brighton Avenue, Allston, Massachusetts 02134
Item 2.
(a)	Name of person filing: This Statement is being filed by Ms. Maura Brown, a citizen of the United States of America (the "Reporting Person").
(b)	Address or principal business office or, if none, residence: The address of the Reporting Person is c/o New England Realty Associates Limited Partnership, 39 Brighton Avenue, Allston, Massachusetts 02134, Attn.: Karen Zermani, Chief Financial Officer.
(c)	Citizenship: This Statement is being filed by Ms. Maura Brown, a citizen of the United States of America (the "Reporting Person").
(d)	Title of class of securities: Depositary Receipts Each Representing One-Thirtieth of a Class A Limited Partnership Unit
(e)	CUSIP Number(s): 644206104
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: This Statement is being filed late, on a corrective basis, pursuant to Rule 13d-1(c) to report: (i) historical beneficial ownership of the Reporting Person relating to the Depositary Receipts that first became reportable on June 30, 2013, and; (ii) current beneficial ownership of the Reporting Person as of the date of the filing of this Statement. The Depositary Receipts beneficially owned by the Reporting Person were initially acquired on June 30, 2013 by means of a gift from Mr. Harold Brown, the Reporting Person's spouse and general partner of the Issuer. On February 24, 2019, Mr. Brown passed away.
(b)	Percent of class: As of the date of the filing of this Statement, the Reporting Person beneficially owns 146,550 Depositary Receipts, representing 5.3% of the outstanding class based on 2,788,713 Depositary Receipts issued and outstanding as of May 8, 2026, as reported in the Issuer's Form 10-Q for the fiscal quarter ended March 31, 2026, filed with the SEC on May 8, 2026, and rounded to the nearest tenth. The Reporting Person has the sole power to vote or direct the vote and dispose or direct the disposition of the Depositary Receipts.
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: All missed reports from June 30, 2013 to date of this Statement are included in the table set forth below: Aggregate amount Percent of class represented by beneficially owned by the amount beneficially owned by Reporting Date Reporting Person (3) the Reporting Person (3) June 30, 2013 200,000 6.4% June 30, 2014 187,600 6.1% September 30, 2014 187,500 6.1% December 31, 2014 167,600 5.5% March 1, 2016 162,600 5.4% September 30, 2020 160,100 5.5% March 31, 2020 157,600 5.4% December 31, 2021 155,100 5.3% September 30, 2022 152,600 5.3% June 30, 2024 151,000 5.4% September 30, 2024 147,100 5.3% March 31, 2025 146,550 5.2% (3) The information set forth herein regarding historical aggregate amounts beneficially owned and historical percent of class represented by amounts beneficially owned by the Reporting Person is based upon information derived from the Issuer.
	(ii) Shared power to vote or to direct the vote: All missed reports from June 30, 2013 to date of this Statement are included in the table set forth below: Aggregate amount Percent of class represented by beneficially owned by the amount beneficially owned by Reporting Date Reporting Person (3) the Reporting Person (3) June 30, 2013 200,000 6.4% June 30, 2014 187,600 6.1% September 30, 2014 187,500 6.1% December 31, 2014 167,600 5.5% March 1, 2016 162,600 5.4% September 30, 2020 160,100 5.5% March 31, 2020 157,600 5.4% December 31, 2021 155,100 5.3% September 30, 2022 152,600 5.3% June 30, 2024 151,000 5.4% September 30, 2024 147,100 5.3% March 31, 2025 146,550 5.2% (3) The information set forth herein regarding historical aggregate amounts beneficially owned and historical percent of class represented by amounts beneficially owned by the Reporting Person is based upon information derived from the Issuer.
	(iii) Sole power to dispose or to direct the disposition of: All missed reports from June 30, 2013 to date of this Statement are included in the table set forth below: Aggregate amount Percent of class represented by beneficially owned by the amount beneficially owned by Reporting Date Reporting Person (3) the Reporting Person (3) June 30, 2013 200,000 6.4% June 30, 2014 187,600 6.1% September 30, 2014 187,500 6.1% December 31, 2014 167,600 5.5% March 1, 2016 162,600 5.4% September 30, 2020 160,100 5.5% March 31, 2020 157,600 5.4% December 31, 2021 155,100 5.3% September 30, 2022 152,600 5.3% June 30, 2024 151,000 5.4% September 30, 2024 147,100 5.3% March 31, 2025 146,550 5.2% (3) The information set forth herein regarding historical aggregate amounts beneficially owned and historical percent of class represented by amounts beneficially owned by the Reporting Person is based upon information derived from the Issuer.
	(iv) Shared power to dispose or to direct the disposition of: All missed reports from June 30, 2013 to date of this Statement are included in the table set forth below: Aggregate amount Percent of class represented by beneficially owned by the amount beneficially owned by Reporting Date Reporting Person (3) the Reporting Person (3) June 30, 2013 200,000 6.4% June 30, 2014 187,600 6.1% September 30, 2014 187,500 6.1% December 31, 2014 167,600 5.5% March 1, 2016 162,600 5.4% September 30, 2020 160,100 5.5% March 31, 2020 157,600 5.4% December 31, 2021 155,100 5.3% September 30, 2022 152,600 5.3% June 30, 2024 151,000 5.4% September 30, 2024 147,100 5.3% March 31, 2025 146,550 5.2% (3) The information set forth herein regarding historical aggregate amounts beneficially owned and historical percent of class represented by amounts beneficially owned by the Reporting Person is based upon information derived from the Issuer.
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Maura Brown

Signature:	/s/ Maura Brown
Name/Title:	Maura Brown
Date:	08/03/2026