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MassHousing Closes on $13.5 Million in Financing for the Extension of Affordability, Property Renovations, and the Enhancement of Resident Services for Senior Citizens at Riverside Towers in Medford.

BOSTON – January 10, 2023 – MassHousing has provided $13.5 million in affordable housing financing to a joint venture consisting of Schochet Companies (Schochet) and Jonathan Rose Companies (Rose) for the preservation of affordability, property renovations and the enhancement of resident services at the 199-unit Riverside Towers for the elderly in Medford.  

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About Us

Schochet Companies owns and/or manages over 5,000 apartments and 100,000 square feet of commercial space throughout New England. Headquartered in Braintree, MA, with regional offices in Rhode Island, Connecticut, and Maine.

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  • The Schochet Companies
    536 Granite Street, Suite 301
    Braintree, MA 02184
  • 617-398-5195
  • 781-849-6083
  • info@schochet.com
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