24.10.2017 17:22:00

New England Realty Associates Announces Fourth-Quarter Distribution and a Special Year-End Distribution on Class A Units and Depositary Receipts

ALLSTON, Mass., Oct. 24, 2017 /PRNewswire/ -- On December 30, 2017, New England Realty Associates Limited Partnership (NYSE MKT: NEN) will make its regular quarterly distribution and a special distribution to its Class A Limited Partners and holders of Depositary Receipts of record as of December 15, 2017.  The quarterly distribution per Class A Limited Partnership Unit will be $9.00 per unit.  The quarterly distribution per Depositary Receipt will be $0.30.  The special distribution per Class A Limited Partnership Unit will be $28.20 per Unit.  The special distribution per Depositary Receipt will be $0.94 per Depositary Receipt.  Each Depositary Receipt represents a beneficial ownership of one-thirtieth of a Class A Partnership Unit.  Depositary Receipts are listed on The NYSE MKT under the trading symbol "NEN".

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SOURCE New England Realty Associates Limited Partnership

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