Until his passing in 2016, Jay R. Schochet was the Chairman of the Board of Schochet Associates and Federal Management Co., Inc., companies which he founded in 1973. Prior to launching his own real estate development and management company, Mr. Schochet spent ten years in the Boston real estate community, most notably as Managing Partner and then President of The Codman Company. Mr. Schochet graduated from Dartmouth College in 1952.
Under the auspices of Schochet Associates, Mr. Schochet concentrated on the development and acquisition of residential and commercial properties on both the East and West coasts. He was a recognized leader in the development of creative methods to finance and preserve affordable housing. Over the course of his career he developed almost 2,000 units of affordable housing located throughout New England, each of which provides a safe, decent, and secure living environment for its residents.
Mr. Schochet was a member of the Greater Boston Real Estate Board, the Rhode Island Real Estate Board, the National Association of Home Builders, the National Association of Realtors, and the Chambers of Commerce of Boston and Newport, Rhode Island. He was a veteran of the Korean War, and served on the Boards of the Newport Art Museum, the Martin Luther King Center, the National Tennis Club, and the Court Tennis Foundation.
The work of the Schochet Companies continues to stand as testament of Mr. Schochet's legacy of developing and managing some of the highest quality and most desirable affordable housing communities in the nation.
Richard Henken officially joined the Schochet Companies as its Executive Vice President in 1997, after having been affiliated with, and an advisor to, the company for more than a decade. In 2004, Mr. Henken became President of Schochet Companies including Schochet Development, Schochet Investments, and Schochet Property Management. Since joining the company Mr. Henken has been responsible for closing transactions with a total value in excess of $400 million, including the acquisition and preservation as affordable of over 2,800 apartments in sixteen developments.
Mr. Henken earned Bachelors and Masters Degrees in Economics from Tufts University, and a Master of Science degree in Management, with concentrations in Marketing and Finance, from the Sloan School of Management at MIT. Prior to joining The Schochet Companies, Mr. Henken was a marketing and strategy consultant to Fortune 500 companies and held senior marketing positions in the financial services and consumer packaged goods industries.
Mr. Henken sits on several Boards of Directors, including the Catholic Schools Foundation Inner City Scholarship Fund where he is past President; the Rental Housing Association of Greater Boston Real Estate Board (GBREB) where he is past President, past chair of the Affordable Housing Committee, and past Chairman of GBREB; Hebrew Senior Life, where he cochairs its Senior Living Committee; B’nai B’rith Housing; the Jonathan M. Tisch College of Citizenship and Public Service at Tufts University; Jewish Family Services of Metrowest; Newlease for the Homeless; and Discovering Justice. He is a member of the Economics Advisory Board of the Tufts Graduate School
of Arts and Sciences.
Rick received the 2011 Distinguished Service Award of the Tufts University Graduate School of Arts and Sciences; and was the 2012 recipient of the Retirement Housing Foundation Friend of the Elderly Award; the 2012 B'nai B'rith Housing Distinguished Achievement Award; and the 2017 Rental Housing Association President’s award for Industry Excellence.
David Flad joined Schochet Companies its Chief Operating Officer in June 2009. Mr. Flad is responsible for property operations, capital projects, leasing, and regulatory compliance for Schochet Property Management’s market rate and affordable multifamily portfolio, and its retail and commercial properties.
Mr. Flad earned a Bachelor of Arts degree with high honors from Boston University and a Master of City Planning degree from MIT. He has also earned certificates from the Mid-Career Executive Program at the MIT Sloan School of Management and the MIT Center for Real Estate. Mr. Flad holds the designation of Certified Property Manager (CPM) from the Institute of Real Estate Management (IREM) and of Certified Credit Compliance Professional (C3P) from Spectrum Seminars, Inc.
Since 1983, Mr. Flad has actively managed and repositioned A, B and C grade market rate, tax credit, and subsidized, multifamily investment assets. He has held select executive and senior level corporate positions in the real estate industry, most notably Vice President and Partner at The Boston Financial Group, a national owner and manager of multifamily investments, and Principal of New Facets Consulting, a practice specializing in organizational change management and project management for real estate firms. Mr. Flad has served as President of Temple Emeth in Chestnut Hill and on the Board of Directors and as Vice President for Operations of the Solomon Schechter Day School of Greater Boston.
Albert A. Rodiger joined the firm in May of 2008 as Vice President of Acquisitions and Development. Bert has worked for over twenty five years in the real estate industry, with a particular emphasis on public/private transactions and the affordable housing sector. His previous professional experience included serving as Consulting Director of the Real Estate Group at RSM McGladrey Inc., a national accounting and consulting firm and successor entity to American Express Tax and Business Services.
Prior to consulting, he served with Massachusetts Department of Housing and Community Development (DHCD) as Director of the Low Income Housing Tax Credit Program. In this position, Mr. Rodiger was closely involved in several different housing development program activities, including the creation of the Massachusetts Low Income Housing Tax Credit. Mr. Rodiger's work has primarily focused on the permitting and financial structuring of transactions with public sector enhancements.
Bert currently serves as co-chair of Housing and Economic Development Council of the Boston Chapter of the Urban Land Institute (ULI). He has also served on the Education Committee and Board of the Real Estate Finance Association (REFA), the MGL Chapter 40B Task Force of the Citizens' Housing and Planning Association (CHAPA), and as an Officer of St. Ann’s Episcopal Church, Kennebunkport, ME. Mr. Rodiger has a Master’s degree of City and Regional Planning from Boston University, and a Bachelor of Arts degree from Boston University.
Peter Lewis joined Schochet Property Management in November 2006 as Vice President of Property Management. Mr. Lewis has over thirty years of experience in the affordable housing industry, having begun his career as a site manager. His broad experience includes regional management of portfolios as large as 1,500 units as well as responsibility for regulatory compliance for a portfolio of over 3,000 units. Mr. Lewis has worked in virtually all segments of the affordable housing industry, including stints with a non-profit and a state housing finance agency, where he was responsible for ensuring the adequacy of the physical and financial condition of approximately 22,000 units administered by the Rhode Island Housing & Mortgage Finance Corporation. In addition, Mr. Lewis has worked in the market rate housing arena as a regional manager for both market rate rental properties as well as condo associations.
Mr. Lewis holds the designation of Certified Property Manager® (CPM®) from the Institute of Real Estate Management® and the Credential for Green Property Management™ (CGPM™) from The National Apartment Association Education Institute (NAAEI) and the National Affordable Housing Management Association™ (NAHMA™).
He also holds the Specialist in Housing Credit Management® (SHCM®) certification developed by NAHMA especially for management professionals involved with properties developed and operated under the Low Income Housing Tax Credit (LIHTC) program as well as his NAHP-e® which is the only professional certification dedicated solely to recognizing and promoting achievement of the highest possible standards in affordable housing management.
Mr. Lewis sits on several Boards of Directors, including Institute of Real Estate Management – Boston Chapter where he is a past President. He also serves on the Governing Council for IREM national. He is on NAHMA’s Executive Council and Treasurer on the NAHMA Board and chair’s the Budget and Finance Committee. He is a past President of the New England Affordable Housing Management Association and a Director Emeritus. He also serves on the Rental Housing Association Board of the Greater Boston Real Estate Board.
Tom Furtado joined Schochet Companies as construction manager in 1997 and was promoted in 2005 to Director of Facilities. As construction manager Tom was responsible for overseeing over $60 million in new construction and rehabilitation of acquired properties. Projects included the construction of the South End Health Center and the renovations of Symphony Plaza East and West, the Stearns Building, Seabury Heights, King James Apartments, and Pine Crest Apartments. Leading moderate rehabilitation efforts in the very heavily regulated tax credit arena, Tom successfully delivered, on time and on budget, projects of significant scope and scale that were carried out without any relocation of existing residential tenants. As Director of Facilities, Tom oversees all maintenance, construction, and facilities management projects and programs across the portfolio.
Tom currently holds a Massachusetts Construction Supervisor’s license, is an EPA Certified Renovator, and has earned a class 1 BOC certification after extensive training in today’s environmental and building operation systems.
Brian Tewksbury joined The Schochet Companies in 2008 as the Corporate Controller and quickly grew into the role of Vice President of Finance. Prior to joining Schochet he worked as a manager for Novogradac & Co., LLP, a nationally recognized public accounting firm specializing in real estate and affordable housing. Mr. Tewksbury currently serves as Chief Financial Officer for all affiliated entities within The Schochet Companies. During Brian’s time at Schochet he has worked tirelessly to improve the functioning of the accounting department and the systems that are used throughout the company.
Mr. Tewksbury’s expertise is in the affordable housing real estate programs. He has a vast knowledge with the regulatory agencies and federal programs such as LIHTC, MassHousing, CHFA and HUD, where he has become Schochet’s very own internal expert on HUD insured financing. He has also led the complex refinancings of some of Schochet’s most important properties and works closely with third parties to ensure all of the financial reporting commitments are completed both timely and cost effectively.
Mr. Tewksbury received his MS in Accounting from Northeastern University and his Bachelor of Science degree from Saint Michael’s College.
Theresa Morris joined Schochet Associates in December of 2005 as Executive Assistant to the President. Theresa has maintained many roles and responsibilities within the firm, most notably as the primary point of contact to address the concerns of our residents and clients. Mrs. Morris' current responsibilities include the role of Schochet Property Management’s Fair Housing Compliance Officer. She has served as the organization’s 504 Coordinator since 2010 and received her Fair Housing Compliance (FHC) designation from the National Affordable Housing Management Association (NAHMA) in 2012. Theresa was promoted to Vice President of Client Engagement and Administration in 2019 and is responsible for ensuring Schochet Companies’ clients’ needs are addressed through reporting and communication.
Grace is a recent addition to the Schochet team, serving as the new Director of Compliance. Prior to joining The Schochet Companies, Grace served two consecutive terms as the president of the New England Affordable Housing Management Association (NEAHMA) and was awarded NAHMA’s National Affordable Housing Professional-Honorary Designation (NAHP-h). Grace is responsible for developing and conducting nine training courses in a variety of specialized federal and state housing programs including the Low Income Housing Tax Credit, HUD’s Enterprise Income Verification (EIV) System, 4350.3 REV-1 Occupancy Handbook, Limited English Proficiency, REAC Uniform Physical Standards and Lead-Based Paint. After earning a Bachelor of Science Degree in Business Education from Suffolk University, Grace worked as a Secondary-Level Business Education teacher in Massachusetts before joining The Community Builders, Inc., New England Affordable Housing Management Association, and finally serving as a Principal of Housing Resource Group, LLC. At Schochet she uses her extensive property management, training, and regulatory compliance experience to uphold Schochet’s core values.