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Schochet Buys 114-Unit Housing Complex in Ayer for $32M, Working with Tenants to Preserve Housing at Site As Affordable
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The Schochet Cos., a Braintree-based real estate firm focused on affordable housing, has purchased the 114-unit Devenscrest Village complex in Ayer for $32 million. The transaction comes as part of a larger, multi-year effort by residents to stave off redevelopment of the site and preserve it as affordable housing.

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Schochet owns and/or manages over 5,500 apartments and 125,000 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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Schochet
536 Granite Street, Suite 301
Braintree, MA 02184
Tel: 617-482-8925
Fax: 781-849-6083
info@schochet.com