Real estate investment company that owns and manages a portfolio of residential and commercial properties primarily in New England.
New England Realty Associates Limited Partnership is actively involved in the acquisition, development, ownership, operation, and sale of real estate properties across the United States. The company's diverse portfolio includes residential apartments, condominium units, and commercial properties located primarily 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 within the metropolitan Boston area.
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, Boston, Brockton, and other locations throughout Massachusetts. Moreover, New England Realty Associates holds ownership interests ranging from 40% to 50% in seven residential and mixed-use complexes, encompassing a total of 688 residential units, one commercial unit, and a 50-car parking lot.
New England Realty Associates Limited Partnership benefits from the stewardship of NewReal, Inc., which serves as its general partner. Established in 1977 and headquartered in Allston, Massachusetts, the company leverages decades of experience in real estate investment and management to strategically enhance its property portfolio and deliver sustainable value to its stakeholders.
With a commitment to prudent investment strategies and responsive property management practices, New England Realty Associates continues to strengthen its presence in the regional real estate market. The company's focus on maintaining high-quality residential and commercial spaces underscores its dedication to meeting the evolving needs of tenants and contributing positively to the communities it serves.