New England Realty obtains $58.7M in new debt from KeyBank at fixed rates

NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP

$40M advance at 5.99% fixed for purchase of Hill Estates in Belmont, MA.
$18.664M advance at 5.84% fixed to refinance Hamilton Highlands property.
Both advances secured by mortgages; Hill Estates also uses existing cash/bridge loan.
Hamilton Highlands refinancing replaces prior Brookline Bank loan.
Transactions completed May 30, 2025; terms consistent with prior 10-Q disclosure.

item 1.01item 2.03item 9.01

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.