Company: NEN
Filing Date: 2025-03-14
Form Type: 8-K
Source: 0001104659-25-023957
Chunk: 0

Company: NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP
Filing Date: 2025-03-14
Form: 8-K
Item: Item 1.01
Chunk 0
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Item 1.01 Entry into a Material Definitive Agreement.

On March 12, 2025, NewReal, Inc., the general partner (the "General
Partner") of New England Realty Associates Limited Partnership (the "Partnership"), authorized the Partnership to repurchase,
over a period of twelve months, the Partnership’s Depositary Receipts (the “ Depositary Receipts”) (each of which is
a one-thirtieth (1/30) of a Class A Unit), Class B Units and General Partner Units (the Class B Units and General Partner Units, collectively,
the “ Partnership Units”) in an aggregate amount not to exceed the lesser of: $5 million or 10% of the Partnership’s
balance of cash and investments in treasury bills. The Partnership may repurchase Depositary Receipts from time to time in open market
transactions at prevailing prices not to exceed $95 per Depository Receipt, including through a trading plan designed to comply with Rule
10b5-1 under the Securities Exchange Act of 1934, as amended, and through privately negotiated transactions. The Partnership must repurchase
a proportionate number of Depositary Receipts and Partnership Units to maintain the 80%, 19% and 1% fixed distribution percentages of
the holders of the Class A, Class B and General Partner Units under the Partnership’s Second Amended and Restated Contract of Limited
Partnership. This repurchase authorization replaces the Partnership’s previous repurchase program.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

  NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP                                                                            
  By:                                                    NewReal, Inc., its General Partner                                    
                                                         By                                      /s/ Jameson Brown             
                                                                                                 Jameson Brown, its Treasurer