For the quarter ending 2025-09-30, NEN had -$3,303,299 decrease in cash & cash equivalents over the period.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | -521,828 | 7,945,599 |
| Depreciation and amortization | 7,374,701 | 8,379,730 |
| Amortization of deferred finance costs | 181,589 | 211,434 |
| (income) from investments in joint ventures | 146,796 | 847,679 |
| Proceeds from unconsolidated joint ventures | 0 | 62,500 |
| (increase) in rents receivable | 95,017 | 74,947 |
| (decrease) increase in accounts payable and accrued expense | -569,323 | -1,462,963 |
| (increase) in real estate tax escrow | 91,435 | -63,807 |
| (increase) in prepaid expenses and other assets | 2,857,712 | -1,510,783 |
| Increase (decrease) in advance rental payments and security deposits | -927,050 | 2,220,108 |
| Total adjustments | 2,868,957 | 10,062,773 |
| Net cash provided by operating activities | 2,347,129 | 18,008,372 |
| Distribution in excess of investment in unconsolidated joint ventures | 0 | 775,000 |
| Investment in u.s. treasury bills | 0 | 31,060,131 |
| Proceeds from u.s. treasury bills | 2,319,511 | 113,708,456 |
| Developing of rental property and other related costs | 2,228,439 | 10,247,195 |
| Purchase of rental property | 0 | 108,885,341 |
| Improvement of rental properties | 4,112,369 | 5,210,753 |
| Net cash (used in) provided by investing activities | -4,021,297 | -40,919,964 |
| Principal payments of mortgage notes payable | 792,018 | 20,482,614 |
| Proceeds from mortgage notes payable | 682,520 | 56,746,890 |
| Stock buyback | 107,253 | 291,218 |
| Distributions to partners | 1,412,380 | 13,999,902 |
| Net cash provided by (used in) financing activities | -1,629,131 | 21,973,156 |
| Net (decrease) increase in cash and cash equivalents | -3,303,299 | -938,436 |
| Cash and cash equivalents at beginning of period | 17,615,940 | - |
| Cash and cash equivalents at end of period | 13,374,205 | - |
NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP (NEN)
NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP (NEN)