Schochet Property Management was formed in 1973. It provides management services for numerous clients including Schochet Companies, Retirement Housing Foundation, and the Jonathan Rose Companies. These services include complete responsibility for building operations, financial administration, leasing activities, and interfacing with local, state, and national agencies. Today, Schochet Property Management operates more than 5,300 apartments and 50,000 square feet of commercial space, which includes all types of housing including market rate apartments, LIHTC, and low- and moderate-income subsidized communities, new construction and rehabilitation, and a commercial portfolio comprised of offices, retail, and restaurants.
Schochet Property Management has received the AMO® designation (Accredited Management Organization®) awarded by the Institute of Real Estate Management and has been recognized as an AMO of the Year. Schochet has also just been accredited as a green company by HUD, one of only 17 firms to receive this designation nationally. Since its launch in 2009, Schochet’s Sustainability Initiative has realized approximately $1M in annual utility-related savings and obtained grants of close to $5.8M toward major systems replacement projects across its managed portfolio. The Schochet Companies has received a Greenovate award from the City of Boston for our energy conservation efforts.
The effectiveness of our management approach is demonstrated in the quality of the communities we help to create. Our mission is to do more than simply provide housing; we provide homes and a sense of place. Through our Resident Service Coordinators, we help our residents to access a wide array of social services and also plan and implement a myriad of programming for all ages. A number of the communities managed by Schochet Property Management have been designated Communities of Quality® by the National Affordable Housing Management Association (NAHMA™) and two of these properties were winners of the New England AHMA Exemplary Property award in the Senior and Family categories.