New England Realty Associates Limited Partnership is a Massachusetts-based real estate investment and operating company that acquires, develops, and manages residential and commercial properties, primarily in the Boston metropolitan area and New Hampshire. The partnership owns and operates a diversified portfolio of over 3,400 apartment units across residential complexes, approximately 138,000 square feet of commercial space including shopping centers and office buildings, and holds partial interests in additional residential and mixed-use projects. The company generates income through leasing residential units and commercial space to tenants and occupants, and pursues capital appreciation through property appreciation and strategic acquisitions and dispositions, with proceeds deployed to reduce debt, fund new acquisitions, or distribute to its publicly traded Class A unit holders.