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New England Realty Associates LP (NEN)

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New England Realty Associates LP

39 Brighton Avenue
Allston, MA 02134
United States
617-783-0039

SectorFinancial
IndustryReal Estate Development
Full Time Employees

Key Executives

NameTitlePayExercisedAge
Mr. Ronald BrownPres of Newreal Inc and Director of Newreal IncN/AN/A81
Mr. Harold BrownPrincipal Financial & Accounting Officer , Treasurer & Director of NewReal IncN/AN/A92
Mr. Carl Anthony ValeriChief Operating Officer of Newreal IncN/AN/AN/A
Amounts are as of and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

New England Realty Associates Limited Partnership engages in acquiring, developing, holding for investment, operating, and selling real estate properties in the United States. It owns and operates various residential apartment buildings, condominium units, and commercial properties located in Massachusetts and New Hampshire. As of February 1, 2017, the company owned 2,506 residential apartment units in 21 residential and mixed-use complexes, and 19 condominium units in a residential condominium complex located primarily in the metropolitan Boston area of Massachusetts. It also owned a commercial shopping center in Framingham, Massachusetts; 1 commercial building in Newton and 1 in Brookline, Massachusetts; commercial space in mixed-use buildings in Boston, Brockton, and Newton, Massachusetts; and 40% to 50% ownership interest in 9 residential and mixed use complexes with a total of 772 residential units, 1 commercial unit, and a 50 car parking lot. NewReal, Inc. serves as the general partner of the company. New England Realty Associates Limited Partnership was founded in 1977 and is headquartered in Allston, Massachusetts.

Corporate Governance

New England Realty Associates LP’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.