Related Articles

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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

  The 97-unit Newcastle Saranac is being redeveloped by the Fenway CDC in partnership with the Schochet Companies

• Federally Subsidized Housing Offers Right Risk-Adjusted Returns

  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.

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  MassHousing announcement on $18 Million for the Refinancing, Preservation of Affordability and Renovation of Hillcrest Acres Apartments with RHF and Schochet

  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 

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  Feared Evictions Pushed Back As Rental Aid Trickles Down

  By SARAH ROBERTSON

  December 24, 2020

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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.  

• Schochet Works with Cambridge Non-Profit to Ensure Affordability of Central Square Apartments

  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.