Schochet Development

Development & Acquisitions

Schochet Development is an industry leader in structuring, managing and closing complex real estate transactions across all major real estate classes with a special competency in affordable housing.

Schochet Property Management

Commercial, Retail, and Residential

Schochet Property Management offers years of experience and expertise in commercial, retail, and residential property management. 

Schochet Investments

Investor Services

Schochet Investments was organized in 1980 to provide expertise in acquisition and financing, and investor services liaison.

South End Mixed-Income Housing Community Will Undergo Major Renovation and the Preservation of Affordability with $30.3 million in MassHousing Financing

Fenway CDC—in partnership with the Schochet Companies—acquired Newcastle Saranac through Chapter 40T, after the MassHousing Section 13A mortgage expired in March 2018 and the former owner intended to sell the property, putting the property’s 97 affordable units at risk of converting to market-rate rents.

Jonathan Rose Companies and Schochet Partner Acquire Riverside Towers

Long-term plans include a significant investment in common area modernization, upgrades to dwelling units, and enhanced social services geared toward quality of life and health and wellness improvements for the community.

City of Cambridge allocates funding to preserve 504 affordable housing units for more than 1,100 low income residents at Fresh Pond Apartments.

Newcastle-Saranac Apartments Preservation

Building on his commitment to create and preserve affordable housing in Boston, Mayor Walsh joins the Fenway CDC and their partner Schochet Companies, along with Roxbury residents to celebrate the acquisition and preservation of 97 affordable units at the Newcastle-Saranac Apartments in lower Roxbury.

Featured Properties

Latest News

Fenway CDC and Schochet close $53 million Tax Credit Equity and Construction Financing for Newcastle Saranac Apartments
Fenway Community Development Corporation (Fenway CDC) and the Schochet Companies close $53 million Tax Credit Equity and Construction Financing for Newcastle Saranac Apartments in the South End/Lower Roxbury neighborhood in Boston.
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South End Mixed-Income Housing Community Will Undergo Major Renovation and the Preservation of Affordability with $30.3 million in MassHousing Financing
South End Mixed-Income Housing Community Will Undergo Major Renovation and the Preservation of Affordability with $30.3 million in MassHousing Financing
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JONATHAN ROSE COMPANIES AND SCHOCHET PARTNER ACQUIRE RIVERSIDE TOWERS
JONATHAN ROSE COMPANIES AND SCHOCHET PARTNER ACQUIRE RIVERSIDE TOWERS
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