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This transaction, which closed on June 18, involves a 396-unit residential community along with two nearby office properties. The Hill Estates, located in Belmont's easternmost neighborhood, was purchased from the DiGiovanni Family. The Hamilton Company plans to operate on-site management and provide a range of online tenant services. While the residential units will undergo significant renovations, the office properties are slated for sale, as they do not align with the company's core business model. 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On May 30, 2025, the Partnership finalized two separate amendments, allowing for advances of $40,000,000 and $18,664,000 at fixed interest rates of 5.99% and 5.84%, respectively. The $40 million advance, in conjunction with existing funds and a bridge loan from KeyBank, is earmarked for the acquisition of Hill Estates in Belmont, Massachusetts. Meanwhile, the $18,664,000 advance has been utilized to refinance the Partnership's existing loan with Brookline Bank, specifically for the Hamilton Highlands property. 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New England Realty Associates LP has announced a second-quarter dividend for its Class A Limited Partners and holders of Depositary Receipts. The dividend is set at $12.00 per Class A Limited Partnership Unit and $0.40 per Depositary Receipt. This announcement includes the actual dividend value.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. New England Realty Associates LP published the original content used to generate this news brief via PR Newswire  on May 12, 2025, and is solely responsible for the information contained therein.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250512:nNDL9jYpFr:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4233","BK4205","NEN","BK4590"],"gpt_icon":0},{"id":"2519863441","title":"New England Realty Associates Rises on Special Distribution","url":"https://stock-news.laohu8.com/highlight/detail?id=2519863441","media":"Dow Jones","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2519863441?lang=en_us&edition=fundamental","pubTime":"2025-03-14 02:56","pubTimestamp":1741892160,"startTime":"0","endTime":"0","summary":"New England Realty Associates depositary receipts climbed after the real-estate partnership declared a special distribution.The depositary receipts were recently up 8.7%, to $80.25, Thursday. Volume was 5,074 units, compared with a 65-day average of 175.New England Realty Associates said the special distribution would be $3.20 a depositary receipt, and also announced a quarterly 40 cent distribution. Each depositary receipt represents a beneficial ownership of one-thirtieth of a Class A Partnership Unit.The payouts will take place March 31 to holders of record as of March 24.The partnership owns and operates apartment buildings, condominium units and commercial properties in Massachusetts and New 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