SCHOCHET CELEBRATES 50^TH ANNIVERSARY

SUCCESS REFLECTS ADAPTATION TO EVOLVING NEW ENGLAND REAL ESTATE AND AFFORDABLE HOUSING MARKETS

Congratulations to Peter Lewis, The Schochet Companies executive vice president of property management, on being named New England Affordable Housing Management Association (Neahma) Certified Green Property Management credential holder of the year.

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.  

MassHousing Closes on $18 Million for the Refinancing, Preservation of Affordability and Extensive Renovation of the 100-Unit Hillcrest Acres Apartments in Attleboro.  

The Retirement Housing Foundation and its consultant, the Schochet Companies, will complete approximately $9.9 million in property improvements and preserve affordability for the long term of households with a range of incomes 

By BELLA LEVAVI Staff Writer

Published: 7/14/2022 7:43:39 PM

BRAINTREE, MA, February 7, 2022 – Entering its 50^th year of operation and growth, The Schochet Companies has expanded its capacity in resident services and property and portfolio management over the past several months, leading to recent promotions along with the creation of new positions as part of its ongoing emphasis on enhancing the quality of its properties and the experiences of its residents.

Finalized agreement preserves the affordability of 504 housing units at Fresh Pond Apartments

As seen in Cambridge Day on October 11, 2021
By Marc Levy

CAMBRIDGE, MA, October 11, 2021 – The Schochet Companies today announced that Rindge Associates Limited Partnership has executed an agreement with the City of Cambridge to preserve as affordable 504 housing units at Fresh Pond Apartments.

After a more than a year of a prohibition on evictions by state and federal government, the “final” extension is set to expire on Saturday, July 31 – and activists have warned of a wave of coming evictions, likely to be followed by an uptick in homelessness.

As a result of a broad effort of The Schochet Companies staff, LeadingAge (@LeadingAge), government entities (ri.gov, mass.gov, @masshousing, @rihousing) and CVS, more than 2,300 people were vaccinated at 13 properties owned or managed by Schochet in recent weeks, including more than 2,000 residents, 61 staff and nearly 200 volunteers and PCAs (Primary Care Assistants) working with elderly residents.

This includes properties owned by the Retirement Housing Foundation (@RHF) and properties co-owned by Jonathan Rose Companies (@JonathanRoseCompanies).