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SUBSEQUENT EVENTS
6 Months Ended
Jun. 30, 2023
SUBSEQUENT EVENTS  
SUBSEQUENT EVENTS

NOTE 18. SUBSEQUENT EVENTS

From July 1, 2023, through August 8, 2023, the Partnership has purchased 1,554 Depository Receipts. The average price was $72.80 per receipt, or $2,183.89 per unit. The total cost was $113,476. The Partnership is required to purchase 12 Class B units and 1 General Partnership units at a cost of $26,906 and $1,416, respectively.

On July 14, 2023, the partnership purchased a 52 unit residential property in the South End neighborhood of Boston, MA comprised of three buildings at 26-30 Rutland Street, 105-117 West Concord Street and 475 Shawmut Avenue, for a purchase price of approximately $27,500,000 with Partnership cash reserves.

On August 3, 2023, the Partnership approved a quarterly distribution of $12.00 per Unit ($0.40 per Receipt), payable on September 30, 2023.