Press releases, events, and related news.
March 4, 2020
http://www.cambridgeday.com/2020/03/02/councillors-okay-millions-to-keep-affordability-of-alewife-units-504-homes-have-been-at-risk/
The 97-unit Newcastle Saranac is being redeveloped by the Fenway CDC in partnership with the Schochet Companies
by Richard J. Henken
Smart investors are continually on the lookout for opportunities to earn strong risk-adjusted returns. A fresh, little-known asset class can reward investors who understand its hybrid benefits. In strong markets, projects backed by the Department of Housing and Urban Development provide a unique opportunity to combine bond-like fixed-income properties with the potential for growth through real estate appreciation.
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 SARAH ROBERTSON
December 24, 2020
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.
The former Norstin Apartments near Central Square in Cambridge will be preserved as affordable housing through an $8 million deal between the Community Economic Development Assistance Corporation (CEDAC), the city of Cambridge, and Cambridge-based housing non-profit Just A Start Corp.