secwatch.observer — SEC 8-K summary
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Issuer:     NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP (NEN)
CIK:        0000746514
Form:       8-K/A
Filed at:   2025-06-13T23:59:59+00:00
Accession:  0001104659-25-059327
Event type: debt
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

New England Realty secures $58.7M in advances (5.84%/5.99%); $40M for Hill Estates purchase
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- Entered second amendment to Master Credit Facility; obtained $18.664M advance at 5.84% to refinance Hamilton Highlands loan from Brookline Bank.
- Also obtained $40M advance at 5.99%; combined with cash and bridge loan to purchase Hill Estates property in Belmont, MA.
- Hamilton Highlands, LLC joined as additional borrower; Fannie Mae holds advances.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/746514/000110465925059327/0001104659-25-059327-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/746514/000110465925059327/tm2517799d1_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-059327

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer