NEN Profile
New England Realty Associates Limited Partnership is actively involved in the acquisition, development, investment holding, operation, and sale of real estate properties across the United States. The company's diverse portfolio includes residential apartments, condominium units, and commercial properties primarily located in Massachusetts and New Hampshire. As of February 1, 2022, New England Realty Associates owned and managed 2,892 residential apartment units spread across 25 residential and mixed-use complexes, alongside 19 condominium units in the metropolitan Boston area of Massachusetts.
In addition to its residential holdings, the company possesses significant commercial assets, including a prominent shopping center in Framingham, Massachusetts, and commercial buildings in Newton, Brookline, and other strategic locations within Massachusetts. It also maintains ownership interests ranging from 40% to 50% in seven residential and mixed-use complexes, totaling 688 residential units, one commercial unit, and a 50-car parking lot. These investments underscore New England Realty Associates' commitment to strategic property management and portfolio diversification.
Headquartered in Allston, Massachusetts, New England Realty Associates Limited Partnership was established in 1977. The company operates under the stewardship of NewReal, Inc., its general partner, and continues to leverage its extensive experience and local market knowledge to enhance property values and generate sustainable returns for its stakeholders. With a focus on maintaining a balanced mix of residential and commercial real estate assets, New England Realty Associates remains well-positioned for continued growth and success in the dynamic real estate market.
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