NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP (NEN) Latest Filing Signal

Based on earningsVibe SuperAnalyst™ synthesis of the latest 10-K, NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP's filing signal turned negative.

New England Realty Associates Limited Partnership (NERA) is a Massachusetts-based real estate company focused on acquiring, developing, holding, operating, and selling a portfolio of residential and commercial properties. As of February 1, 2026, the Partnership owned 3,411 residential apartment units across 27 complexes and 19 condominium units, primarily located in the metropolitan Boston area. It also operated approximately 138,000 square feet of commercial space, including shopping centers and office buildings, in Massachusetts. NERA also holds a 40-50% interest in seven joint venture properties, adding 688 residential units and commercial space to its managed portfolio. The company's long-term strategy involves managing and improving its existing properties while seeking opportunities for income and capital appreciation through acquisitions.

Revenue is primarily driven by rental income from its portfolio of residential apartment units, condominium units, and commercial properties. Additional income is generated from leases on roof space for cellular phone antennas.