The Schochet Companies is a full-service real estate development and property management firm founded by Jay R. Schochet in 1973, headquartered in Braintree, Massachusetts. With a focus on affordable housing, Schochet manages and owns over 5,500 apartments and 125,000 square feet of commercial space across New England, and also operates in the West Coast market. Since its inception, the company has developed, owned, and managed more than 7,000 residential units and an extensive portfolio of commercial space, valuing over $1 billion.
A pioneer in affordable housing, Schochet is recognized for its innovative financing methods that help preserve and enhance the quality of living environments. The firm's competencies range from structuring complex affordable housing transactions to developing luxury apartments, catering to various economic classes. Its property management division is adept at navigating intricate regulatory frameworks, ensuring the quality and compliance of the communities they manage.
Schochet's corporate culture is steeped in its founder's core values of loyalty, integrity, compassion, and commitment to excellence, contributing to its reputation as a trusted partner in real estate. Furthermore, the company prioritizes sustainability initiatives aimed at reducing its environmental footprint and enhancing community wellbeing. This ongoing commitment to social responsibility also reflects in their active engagement in philanthropy, targeting support for education, social services, and environmental concerns.
With a dedicated team of nearly 200 professionals, Schochet continues to build value for its residents and partners, navigating the challenges of the housing landscape while maintaining a focus on quality living and community engagement.