New England Realty Associates (NYSE AMEX:NEN) Declares Distribution

Mar 01, 2011, 15:50 ET from New England Realty Associates LP

ALLSTON, Mass., March 1, 2011 /PRNewswire/ -- On March 31, 2011, New England Realty Associates Limited Partnership will make a distribution to its Class A Limited Partners and holders of Depositary Receipts.  Class A Limited Partners and holders of Depositary Receipts of record as of March 15, will be entitled to a quarterly distribution in the amount of $7.00 per Class A Partnership Unit, or $.70 per Depositary Receipt.  Each Depositary Receipt represents a beneficial ownership of one-tenth of a Class A Partnership Unit.  Depositary Receipts are listed on NYSE AMEX under the trading symbol "NEN".

SOURCE New England Realty Associates LP