---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-073559"
form_type: "8-K"
ticker: "NEN"
cik: "0000746514"
company_name: "NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP"
filed_at: "2022-06-22T23:59:59+00:00"
generated_at: "2026-06-25T00:09:18.519012+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# NEN enters $80.3M credit facility amendment with KeyBank at 4.33% fixed rate

## Summary
- Advanced $80,284,000 under amended Master Credit Facility; fixed interest rate 4.33%.
- Used ~$37.1M to pay down existing debt on 4 properties plus ~$910K prepayment penalties.
- Remaining ~$42.3M proceeds for general partnership purposes.
- Facility secured by mortgages on Courtyard at Westgate, Hamilton Village, Stonebridge Apartments, Westgate Apartments.
- Maturity and other terms per Master Credit Facility Agreement dated Nov 30, 2021.

## SEC filing metadata
- accession: 0001104659-22-073559
- form_type: 8-K
- ticker: NEN
- cik: 0000746514
- company_name: NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP
- filed_at: 2022-06-22T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/746514/000110465922073559/0001104659-22-073559-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/746514/000110465922073559/tm2219087d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-073559
- JSON: https://secwatch.observer/filing/0001104659-22-073559.json
- Plain text: https://secwatch.observer/filing/0001104659-22-073559.txt

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