Schedule of future annual mortgage maturities


			Hamilton						Hamilton		Hamilton
	Hamilton		Essex		345		Hamilton		Minuteman		on Main		Dexter
	Essex 81		Development		Franklin		1025		Apts		Apts		Park		Total
Revenues
Rental Income	$	504,541	$	60,471	$	503,118	$	24,918	$	367,614	$	1,105,579	$	4,448,065	$	7,014,306
Laundry and Sundry Income		2,357		—				—		—		15,065		40,148		57,570
		506,898		60,471		503,118		24,918		367,614		1,120,644		4,488,213		7,071,876
Expenses
Administrative		8,956		1,005		13,966		826		11,355		40,193		86,331		162,632
Depreciation and Amortization		115,908		2,927		87,029		816		84,817		285,902		905,218		1,482,617
Management Fees		20,288		2,529		19,063		1,030		14,280		42,965		93,345		193,500
Operating		98,262		—		38,828		1		57,365		188,013		439,356		821,825
Renting		219		—		30,740		21		5,466		32,204		24,547		93,197
Repairs and Maintenance		41,933		—		34,832		—		22,777		146,679		341,618		587,839
Taxes and Insurance		74,192		17,350		48,006		4,712		39,967		119,580		716,403		1,020,210
		359,758		23,811		272,464		7,406		236,027		855,536		2,606,818		4,361,820
Income Before Other Income		147,140		36,660		230,654		17,512		131,587		265,108		1,881,395		2,710,056
Other Income (Loss)
Interest Expense		(171,310)		—		(82,486)		—		(58,295)		(328,700)		(1,266,073)		(1,906,864)
Interest Income		9,852		341		2,029		155		2,185		5,128		31,801		51,491
Other Income				—		—		—		—						—
		(161,458)		341		(80,457)		155		(56,110)		(323,572)		(1,234,272)		(1,855,373)

Net (Loss) Income	$	(14,318)	$	37,001	$	150,197	$	17,667	$	75,477	$	(58,464)	$	647,123	$	854,683
Net (Loss) Income —NERA 50%	$	(7,159)	$	18,501	$	75,099	$	8,834	$	37,739	$	(29,232)				103,780
Net Income —NERA 40%													$	258,849		258,849
															$	362,629

Summary of financial position and income statements relating to investment in unconsolidated joint ventures

Summary financial information at March 31, 2025


				Hamilton									Hamilton			Hamilton
	Hamilton			Essex			345			Hamilton			Minuteman			on Main			Dexter
	Essex 81			Development			Franklin			1025			Apts			Apts			Park			Total
ASSETS
Rental Properties	$	4,900,308		$	2,580,079		$	4,083,706		$	70,947		$	3,914,792		$	13,438,355		$	70,021,621		$	99,009,808
Cash & Cash Equivalents		1,585,575			62,606			196,009			18,541			316,267			437,638			4,562,878			7,179,514
Rent Receivable		199,976			68,310			9,440			827			11,821			47,523			109,190			447,087
Real Estate Tax Escrow		69,677			—			77,702			—			25,424			—			—			172,803
Prepaid Expenses & Other Assets		303,441			31,995			68,612			241			54,374			283,795			2,527,201			3,269,659
Total Assets	$	7,058,977		$	2,742,990		$	4,435,469		$	90,556		$	4,322,678		$	14,207,311		$	77,220,890		$	110,078,871
LIABILITIES AND PARTNERS’ CAPITAL
Mortgage Notes Payable	$	9,992,244		$	—		$	8,159,819		$	—		$	5,947,148		$	23,360,218		$	124,795,361		$	172,254,790
Accounts Payable & Accrued Expense		318,276			5,000			111,283			3,936			71,714			380,622			941,807			1,832,638
Advance Rental Pmts & Security Deposits		384,491			—			287,487			—			176,548			474,411			3,550,396			4,873,333
Total Liabilities		10,695,011			5,000			8,558,589			3,936			6,195,410			24,215,251			129,287,564			178,960,761
Partners’ Capital		(3,636,034)			2,737,990			(4,123,120)			86,620			(1,872,732)			(10,007,940)			(52,066,674)			(68,881,890)
Total Liabilities and Capital	$	7,058,977		$	2,742,990		$	4,435,469		$	90,556		$	4,322,678		$	14,207,311		$	77,220,890		$	110,078,871
Partners’ Capital %—NERA		50	%		50	%		50	%		50	%		50	%		50	%		40	%
Investment in Unconsolidated Joint Ventures	$	—		$	1,368,995		$	—		$	43,310		$	—		$	—		$	—			1,412,305
Distribution and Loss in Excess of investments in Unconsolidated Joint Ventures	$	(1,818,017)		$	—		$	(2,061,560)		$	—		$	(936,366)		$	(5,003,970)		$	(20,826,670)			(30,646,583)
Total Investment in Unconsolidated Joint Ventures (Net)																						$	(29,234,278)
Total units/condominiums
Apartments		48			—			40			—			42			148			409			687
Commercial		1			1			—			1			—			—			—			3
Total		49			1			40			1			42			148			409			690

Summary of income statement relating to investment in unconsolidated joint ventures

Financial information for the three months ended March 31, 2024


			Hamilton						Hamilton		Hamilton
	Hamilton		Essex		345		Hamilton		Minuteman		on Main		Dexter
	Essex 81		Development		Franklin		1025		Apts		Apts		Park		Total
Revenues
Rental Income	$	468,478	$	60,471	$	443,756	$	26,889	$	351,447	$	1,008,232	$	4,348,009	$	6,707,282
Laundry and Sundry Income		2,776		—		6		—		—		12,664		45,430		60,876
		471,254		60,471		443,762		26,889		351,447		1,020,896		4,393,439		6,768,158
Expenses
Administrative		5,218		2,000		8,920		700		6,934		9,324		52,039		85,135
Depreciation and Amortization		115,844		2,927		86,398		816		82,733		261,252		913,751		1,463,721
Management Fees		20,426		2,479		17,417		1,062		14,230		40,191		91,881		187,686
Operating		83,040		—		25,865		(212)		45,574		134,402		438,302		726,971
Renting		1,239		—		4,095		18		5,529		27,586		32,392		70,859
Repairs and Maintenance		38,457		—		23,046		—		29,285		146,331		354,190		591,309
Taxes and Insurance		69,343		17,592		49,285		4,676		39,168		101,542		642,138		923,744
		333,567		24,998		215,026		7,060		223,453		720,628		2,524,693		4,049,425
Income Before Other Income		137,687		35,473		228,736		19,829		127,994		300,268		1,868,746		2,718,733
Other Income (Loss)
Interest Expense		(197,199)		—		(84,867)		—		(59,151)		(193,115)		(1,296,807)		(1,831,139)
Interest income		10,421		772		2,361		205		2,483		12,850		20,674		49,766
Other Income		—		—		—		—		—		63,745		—		63,745
		(186,778)		772		(82,506)		205		(56,668)		(116,520)		(1,276,133)		(1,717,628)

Net Income (Loss)	$	(49,091)	$	36,245	$	146,230	$	20,034	$	71,326	$	183,748	$	592,613	$	1,001,105
																—
Net Income (Loss)—NERA 50%	$	(24,546)	$	18,123	$	73,115	$	10,017	$	35,663	$	91,874				204,246
Net Income —NERA 40%													$	237,045		237,045
															$	441,291