$NEN
You can have good news or cheap stocks; CLPR & NEN get No Love in apartment REIT rally
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This past week saw news of a vaccine for COVID sent share prices of most apartment REITs soaring, with those having exposure to hard hit urban areas seeing the some of the greatest gains. Seemingly, an end to COVID and the expectation of a return to normality came as a
Another cheap publicly traded collection of apartment assets: NEN
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New England Realty Associates LP (NEN) is a publicly traded limited partnership which owns apartment buildings in the greater Boston area. Through direct ownership and joint ventures, NEN has ownership interests in ~3,200 apartment units (just under 2,892 directly owned with the remainder being via 40-50% JV arrangements)
