secwatch.observer — SEC 8-K summary
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Issuer:     NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP (NEN)
CIK:        0000746514
Form:       8-K
Filed at:   2025-06-10T23:59:59+00:00
Accession:  0001104659-25-058203
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/746514/000110465925058203/0001104659-25-058203-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/746514/000110465925058203/tm2517651d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-058203

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