---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-053159"
form_type: "8-K"
ticker: "NEN"
cik: "0000746514"
company_name: "NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP"
filed_at: "2022-04-29T23:59:59+00:00"
generated_at: "2026-06-26T02:54:52.523495+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# NEN secures $79.96M fixed-rate addition loan at 4.33% to refinance four properties

## Summary
- Loan amount $79,955,000 at 4.33% fixed rate, 120-month term, 420-month amortization.
- Proceeds used to pay down $37,147,000 of existing debt plus $1,895,000 in prepayment penalties.
- Remaining $40,913,000 allocated for general partnership purposes.
- Good faith deposit of $1,599,100 paid; closing targeted by June 10, 2022.
- Properties securing loan: Courtyard at Westgate, Hamilton Village, Stonebridge Apartments, Westgate Apartments.

## SEC filing metadata
- accession: 0001104659-22-053159
- form_type: 8-K
- ticker: NEN
- cik: 0000746514
- company_name: NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP
- filed_at: 2022-04-29T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/746514/000110465922053159/0001104659-22-053159-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/746514/000110465922053159/tm2213871d2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-053159
- JSON: https://secwatch.observer/filing/0001104659-22-053159.json
- Plain text: https://secwatch.observer/filing/0001104659-22-053159.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.