Welcome to our dedicated page for New England Realty Associates Partnership news (Ticker: NEN), a resource for investors and traders seeking the latest updates and insights on New England Realty Associates Partnership stock.
New England Realty Associates Limited Partnership (NEN) is a well-established real estate investment company based in the United States. Specializing in acquiring, developing, holding for investment, operating, and selling real estate properties, the company has built a robust portfolio that spans across Massachusetts and New Hampshire.
As of February 1, 2020, New England Realty Associates owned 2,892 residential apartment units within 25 residential and mixed-use complexes. Additionally, the company holds 19 condominium units in a residential condominium complex, primarily situated in the metropolitan Boston area of Massachusetts. The company also has a notable presence in commercial real estate, owning a commercial shopping center in Framingham, Massachusetts, as well as commercial buildings in Newton and Brookline, Massachusetts, and various commercial spaces in mixed-use buildings in Boston, Brockton, and Newton, Massachusetts.
Furthermore, the company holds a 40% to 50% ownership interest in seven residential and mixed-use complexes, which encompass a total of 688 residential units, one commercial unit, and a 50-car parking lot. Through its subsidiary, NewReal, Inc., the company manages its operations efficiently, ensuring steady revenue generation from rental income across both residential and commercial properties.
The core objectives of New England Realty Associates include managing, renting, and enhancing its properties to maximize their value. The company continually seeks new acquisition opportunities with potential for income and capital appreciation, aligning with its long-term growth strategy.
Recent Achievements:
- On September 29, 2023, the company made its quarterly distribution to Class A Limited Partners, with a distribution of $12.00 per Class A Limited Partnership Unit and $0.40 per Depositary Receipt.
- On December 29, 2023, another quarterly distribution followed, maintaining the same payout structure.
- On March 28, 2024, besides the regular distribution, the company announced a special one-time distribution of $48.00 per Class A Unit and $1.60 per Depositary Receipt.
- On June 28, 2024, the company continued its consistent distribution policy with the same rate for its units and receipts.
With a commitment to continuous improvement and value addition, New England Realty Associates remains a significant player in the real estate market, offering investors stable returns and growth potential.
New England Realty Associates Partnership (NYSE MKT: NEN) has announced its quarterly distribution for Q2. The company will distribute $12.00 per Class A Partnership Unit and $0.40 per Depositary Receipt. The distribution will be made on December 31, 2024, to shareholders of record as of December 16, 2024. Each Depositary Receipt represents one-thirtieth ownership of a Class A Partnership Unit and trades on NYSE MKT under the symbol 'NEN'.
New England Realty Associates Partnership (NYSE MKT: NEN) has announced its third-quarter distribution for 2024. The company will distribute $12.00 per Class A Partnership Unit and $0.40 per Depositary Receipt on September 30, 2024. This distribution applies to Class A Partners and Depositary Receipt holders of record as of September 13, 2024. Each Depositary Receipt represents ownership of one-thirtieth of a Class A Partnership Unit. NEN's Depositary Receipts are traded on the NYSE MKT exchange.
New England Realty Associates LP will distribute $12.00 per Class A Partnership Unit and $0.40 per Depositary Receipt on June 28, 2024, to holders as of June 14, 2024.
New England Realty Associates Limited Partnership (NYSE MKT: NEN) announced its quarterly distribution for Class A Limited Partners and holders of Depositary Receipts. Effective March 31, 2023, the distribution is set at $9.60 per Class A Unit and $0.32 per Depositary Receipt, with a record date of March 20, 2023. Additionally, a special one-time distribution of $38.40 per Class A Unit and $1.28 per Depositary Receipt will also be made. Depositary Receipts represent one-thirtieth of a Class A Partnership Unit and are traded under the symbol 'NEN'.
New England Realty Associates Limited Partnership (NYSE MKT: NEN) will distribute quarterly payments on December 30, 2022. Class A Limited Partners will receive $9.60 per Class A Limited Partnership Unit, while holders of Depositary Receipts will receive $0.32 each. The record date for both distributions is December 15, 2022. Each Depositary Receipt represents one-thirtieth of a Class A Partnership Unit and is traded under the symbol 'NEN'. This announcement underscores the company's commitment to returning value to its partners and shareholders.
New England Realty Associates Limited Partnership (NYSE MKT: NEN) will issue its quarterly distribution on September 30, 2022, for Class A Limited Partners and Depositary Receipts holders. The distribution is set at $9.60 per Class A Limited Partnership Unit and $0.32 per Depositary Receipt, which represents one-thirtieth of a Class A Partnership Unit. Record date for this distribution is September 15, 2022.
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