New England Realty Associates enters $156M rate lock agreement with KeyBank at 2.97%

NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP

$156M fixed-rate loan at 2.97% via KeyBank/Fannie Mae; 120-month term, interest-only.
Proceeds: ~$65M to pay down existing debt on 11 properties, ~$5M prepayment penalties.
Remaining ~$86M for general partnership purposes.
Good faith deposit of $3.12M (2% of loan) paid; deposit credited at closing.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.