66 USD
0.64
0.96%
Last update Dec 12, 2:05 PM EST
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Day range
65.63000
66
Previous close
66.64000
Open
65.63000
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New England Realty Associates Limited Partner...
66.00
0.64
0.96%

Overview

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Description

New England Realty Associates Limited Partnership is a real estate company focused on acquiring, holding, and operating multifamily properties. A key purpose of this entity is to provide investors with access to the residential real estate market, particularly in vibrant urban and suburban areas. It primarily invests in apartment buildings, offering leasing opportunities in significant locations across the New England region, including Massachusetts's bustling metropolitan areas. This strategic focus helps maintain a steady income stream from rental operations, with potential for capital appreciation over time. Known for its substantial portfolio of residential units, New England Realty Associates Limited Partnership plays a critical role in meeting housing demands and rental needs in its operating regions. It often engages in partnerships or joint ventures with other real estate stakeholders to expand or renovate its property holdings, ensuring quality living spaces and sustainable management practices. In the broader financial market, it serves as a niche asset for those interested in regional real estate exposure, offering a combination of income through rental returns and the potential for value growth tied to property market dynamics. Formed in 1977, the partnership continues to be a stalwart in New England's residential real estate sector.

About

CEO
Employees
0
Address
39 Brighton Avenue
Allston, 02134, MA
United States
Phone
617 783 0039
Instrument type
Limited partnership
Sector
Real Estate
Industry
Real Estate Services
Country
United States
MIC code
XASE
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