Company: NEN
Filing Date: 2025-09-03
Form Type: 8-K/A
Source: 0001104659-25-087096
Chunk: 1

Company: NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP
Filing Date: 2025-09-03
Form: 8-K/A
Chunk 1
---
§240.12b-2 of this chapter).

Emerging growth company¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act .¨

ITEM 2.01. COMPLETION OF ACQUISITION OR DISPOSITION OF ASSETS

On June 25, 2025, New England
Realty Associates Limited Partnership (“NERA” or the “Partnership”) filed with the Securities and Exchange Commission
a current report on Form 8-K whereby the Partnership reported the completion of the following acquisition on June 18, 2025:

On April 15, 2025, the
Partnership entered into a Purchase and Sale Agreement (the "Purchase Agreement") to cause its wholly-owned subsidiaries to
purchase a multifamily and commercial real property together with two non-contiguous commercial properties located in Belmont,
Middlesex County, Massachusetts from Oak Realty and Service Company, LLC, Vale Realty and Service Company, LLC and Digiovanni Bros.,
Inc. (collectively, the “Seller”).

The property consists of 396 residential units within twenty-eight (28) buildings, a two-story maintenance and administrative building, a two-story office
building with basement, a two-story mixed use building with two ground floor retail units and five residential apartment units, along
with all buildings, structures, fixtures, roads, driveways, approximately 589 parking spaces, and other improvements on the property (all
known as the “Hill Estates Properties”) as well as two non-contiguous properties including an 10,500 square foot office building
and an approximately 13,350 square foot office building. The total purchase price for the property was $175,000,000, with an allocated
purchase price of $172,000,000 for the Hill Estates Properties and $3,000,000 for the two non-contiguous commercial properties located
at 26 Brighton Avenue, and 90 Concord Avenue, Belmont, Massachusetts.

On June 18, 2025, Hill
Estates NERA, LLC and Brighton 26 & Concord 90 NERA, LLC, wholly-owned subsidiaries of the Partnership consummated
the closing of the acquisition pursuant to the Purchase Agreement. Pursuant to the Purchase Agreement, Hill Estates NERA, LLC
acquired the multifamily and commercial real property for an aggregate purchase price of $172,