The Schochet Companies Management Team
Jay R. Schochet, Founder
Until his passing in 2016, Jay R. Schochet was the Chairman of the Board of Schochet Associates and Federal Management Co., Inc., companies which he founded in 1973. Prior to launching his own real estate development and management company, Mr. Schochet spent ten years in the Boston real estate community, most notably as Managing Partner and then President of The Codman Company. Mr. Schochet graduated from Dartmouth College in 1952.
Under the auspices of Schochet Associates, Mr. Schochet concentrated on the development and acquisition of residential and commercial properties on both the East and West coasts. He was a recognized leader in the development of creative methods to finance and preserve affordable housing. Over the course of his career he developed almost 2,000 units of affordable housing located throughout New England, each of which provides a safe, decent, and secure living environment for its residents.
Mr. Schochet was a member of the Greater Boston Real Estate Board, the Rhode Island Real Estate Board, the National Association of Home Builders, the National Association of Realtors, and the Chambers of Commerce of Boston and Newport, Rhode Island. He was a veteran of the Korean War, and served on the Boards of the Newport Art Museum, the Martin Luther King Center, the National Tennis Club, and the Court Tennis Foundation.
The work of the Schochet Companies continues to stand as testament of Mr. Schochet's legacy of developing and managing some of the highest quality and most desirable affordable housing communities in the nation.
Richard J. Henken, President and Chief Executive Officer
Richard Henken officially joined the Schochet Companies as its Executive Vice President in 1997, after having been affiliated with, and an advisor to, the company for more than a decade. In 2004, Mr. Henken became President of Schochet Companies including Schochet Development, Schochet Investments, and Schochet Property Management (Schochet Companies wholly owned property management subsidiary). Since joining the company Mr. Henken has been responsible for closing transactions with a total value approaching $1 billion, including the acquisition and preservation as affordable of over 3,500 apartments in sixteen developments.
Mr. Henken earned Bachelors and Masters Degrees in Economics from Tufts University, and a Master of Science degree in Management, with concentrations in Marketing and Finance, from the Sloan School of Management at MIT. Prior to joining The Schochet Companies, Mr. Henken was a marketing and strategy consultant to Fortune 500 companies and held senior marketing positions in the financial services and consumer packaged goods industries.
Mr. Henken sits on several Boards of Directors, including the Catholic Schools Foundation Inner City Scholarship Fund where he is past President; the Greater Boston Real Estate Board (GBREB) where he has served as Chairman; Rental Housing Association (RHA) of GBREB where he is past President and past chair of the Affordable Housing Committee; the National Apartment Association where he served as a regional vice president; Hebrew Senior Life, where he chairs its Senior Living Committee; the Jonathan M. Tisch College of Citizenship and Public Service at Tufts University; Jewish Family Services of MetroWest; NewLease for the Homeless; and Discovering Justice. He is a member of the Economics Advisory Board of the Tufts Graduate School of Arts and Sciences.
Rick is the recipient of the 2011 Distinguished Service Award of the Tufts University Graduate School of Arts and Sciences; the 2012 recipient of the Retirement Housing Foundation Friend of the Elderly Award; the 2012 recipient of the B'nai B'rith Housing Distinguished Achievement Award; and the RHA's 2017 Industry Excellence Award; and the 2020 Lawyers Clearinghouse Stephen M. Nolan Leadership Award.
David S. Flad, Chief Operating Officer
David Flad joined Schochet Companies as its Chief Operating Officer in June 2009. Mr. Flad is responsible for property operations, capital projects, leasing, and regulatory compliance for Schochet Property Management's market rate and affordable multifamily portfolio, and its retail and commercial properties.
Mr. Flad earned a Bachelor of Arts degree with high honors from Boston University and a Master of City Planning degree from MIT. He has also earned certificates from the Mid-Career Executive Program at the MIT Sloan School of Management and the MIT Center for Real Estate. Mr. Flad holds the designation of Certified Property Manager® (CPM®) from the Institute of Real Estate Management® (IREM®), National Affordable Housing Professional® Executive (NAHP-e®) from the National Affordable Housing Managers Association (NAHMA™) and of Certified Credit Compliance Professional (C3P) from Spectrum Seminars, Inc.
Since 1983, Mr. Flad has actively managed and repositioned A, B and C grade market rate, tax credit, and subsidized, multifamily investment assets. He has held select executive and senior level corporate positions in the real estate industry, most notably Vice President and Partner at The Boston Financial Group, a national owner and manager of multifamily investments, and Principal of New Facets Consulting, a practice specializing in organizational change management and project management for real estate firms. Mr. Flad has served as President of Temple Emeth in Chestnut Hill and as Vice President for Operations for Schechter Boston, a Jewish day school.
Albert A. Rodiger, Vice President of Acquisitions and Development
Albert A. Rodiger joined the firm in May of 2008 as Vice President of Acquisitions and Development. Bert has worked for over thirty years in the real estate industry, with a particular emphasis on public/private transactions and the affordable housing sector. During his tenure at Schochet, he has overseen the successful acquisition, recapitalization, and rehabilitation of more than fifteen projects with a capital transaction value of approximately a half billion dollars. Prior to joining Schochet, Bert served as Consulting Director of the Real Estate Group at RSM McGladrey Inc., a national accounting and consulting firm. He previously served with Massachusetts Department of Housing and Community Development (DHCD) as Director of the Low-Income Housing Tax Credit Program and as an aide to the Massachusetts State Senate. During his time at DHCD he served for the Secretary as an ex-officio designee to the Board of Directors of the Massachusetts Housing Finance Agency. In these roles, Mr. Rodiger was closely involved in several different housing development program activities, including the creation of the Massachusetts Low Income Housing Tax Credit. Prior to his public sector positions, Bert worked with Boston Capital, a leading affordable housing syndicator.
Bert has served on the Education Committee, Membership Committee, and Board of Directors of the Real Estate Finance Association (REFA). He has also served as co-chair of the Housing and Economic Development Council of the Boston Chapter of the Urban Land Institute (ULI). He has served on the MGL Chapter 40B Task Force of the Citizens' Housing and Planning Association (CHAPA), the Hingham Lincoln School elderly apartments Board of Directors, and as an Officer of St. Ann's Episcopal Church, Kennebunkport, ME. Mr. Rodiger has a Master's degree of City and Regional Planning from Boston University, and a Bachelor of Arts degree from Boston University.
Peter Lewis, Executive Vice President of Property Management
Peter Lewis joined Schochet Property Management in November 2006 as Vice President of Property Management and currently serves as its Executive Vice President. Mr. Lewis has over thirty years of experience in the affordable housing industry, having begun his career as a site manager. His broad experience includes regional management of portfolios as large as 1,500 units as well as responsibility for regulatory compliance for a portfolio of over 3,000 units. Mr. Lewis has worked in virtually all segments of the affordable housing industry, including stints with a non-profit and a state housing finance agency, where he was responsible for ensuring the adequacy of the physical and financial condition of approximately 22,000 units administered by the Rhode Island Housing & Mortgage Finance Corporation. In addition, Mr. Lewis has worked in the market rate housing arena as a regional manager for both market rate rental properties as well as condo associations.
Mr. Lewis holds the designation of Certified Property Manager® (CPM®) from the Institute of Real Estate Management and the Credential for Green Property Management™ (CGPM™) from The National Apartment Association Education Institute (NAAEI) and the National Affordable Housing Management Association (NAHMA™).
He also holds the Specialist in Housing Credit Management® (SHCM®) certification developed by NAHMA especially for management professionals involved with properties developed and operated under the Low-Income Housing Tax Credit (LIHTC) program as well as his NAHP-e® which is the only professional certification dedicated solely to recognizing and promoting achievement of the highest possible standards in affordable housing management.
Mr. Lewis sits on several Boards of Directors, including Institute of Real Estate Management – Boston Chapter where he is a past President. He also serves on the Governing Council for IREM national. He is on NAHMA's Executive Council and Treasurer on the NAHMA Board and chair's the Budget and Finance Committee. He is a past President of the New England Affordable Housing Management Association and a Director Emeritus. He also serves on the Rental Housing Association Board of the Greater Boston Real Estate Board.
Brian Tewksbury, Chief Financial Officer
Brian Tewksbury joined The Schochet Companies in 2008 as the Corporate Controller. Brian has worked for over fifteen years in the real estate industry, with a focus on affordable housing backed by HUD and Low-Income Housing Tax Credits. Prior to joining Schochet he worked as a manager for Novogradac & Co., LLP, a nationally recognized public accounting firm specializing in real estate and affordable housing. In this position Mr. Tewksbury oversaw the annual year end audits for multiple entities under the guidance of various local, state and federal programs. Mr. Tewksbury currently serves as the Chief Financial Officer for all affiliated entities within The Schochet Companies.
Mr. Tewksbury's expertise in affordable housing includes a vast knowledge of state and federal regulatory agencies and programs including HUD's Section 8, 236, 202, 223f; the Low-Income Housing Tax Credit (LIHTC); and MassHousing and Connecticut Housing Finance Authority financing and subsidy programs. Brian has been instrumental in closing several complex financings and refinancings, with a total value exceeding $100 million.
As a primary investor services and agency liaison Brian works closely with third parties to ensure financial reporting commitments are completed timely, accurately, and cost effectively.
Mr. Tewksbury received his MS in Accounting from Northeastern University and his Bachelor of Science degree from Saint Michael's College.
Theresa Morris, Vice President of Client Engagement and Administration
Theresa Morris joined Schochet Associates in December of 2005 as Executive Assistant to the President. Theresa has maintained many roles and responsibilities within the firm, most notably as the primary point of contact to address the concerns of our residents and clients. Theresa was promoted to Vice President of Client Engagement and Administration in 2019 and is responsible for ensuring Schochet Companies' clients' needs are addressed through reporting and communication.
Mrs. Morris' current responsibilities include the role of Schochet Property Management's Fair Housing Compliance Officer. She has served as the organization's 504 Coordinator since 2010 and received her Fair Housing Compliance (FHC™) designation from the National Affordable Housing Management Association (NAHMA™) in 2012. Theresa has also met the Massachusetts training requirements to serve as a court-appointed mediator.
Erin Nangle, Vice President of Human Resources
Erin Nangle joined Schochet in 2007, assuming greater responsibility over time. Starting as a Human Resources Specialist, Erin was promoted to Human Resources Manager in 2012 and Director of Human Resources in 2016. She currently serves as Schochet's Vice President of Human Resources.
Erin holds the designation of Professional in Human Resources (PHR). Erin has also met the Massachusetts training requirements to service as a court-appointed mediator. She received a Bachelor of Science degree in Business from Worcester State University
Ms. Nangle's leadership in the area of human resources has minimized our growing pains as the Schochet Companies has evolved into a sizable small business; currently employing close to 200 team members across four states. As we have grown, Erin has been our point person for adapting our employment policies, staff development and performance management practices, recruiting campaigns, and onboarding approach. She ensures Schochet stays at the forefront of legal and regulatory changes governing the workplace and champions initiatives that place Schochet among employers of choice.
Angela Cruz, Director of Compliance
Angela Cruz joined Schochet in 2013 as a Compliance Specialist. She quickly became a key member of Schochet's Compliance team handling annual and interim recertifications as well as the initial certification and lease up of new acquisitions and communities transitioning to the LIHTC program. Within a few years Angela was promoted to Senior Compliance Specialist with project leadership responsibilities. When Grace Swierk, Schochet's long time Director of Compliance, retired in 2020, Ms. Cruz was the natural choice as her replacement.
Prior to joining Schochet, Cruz held positions as assistant property manager at Winn Residential and housing assistance specialist at Somerville Community Corp. Earlier in her career, she held customer service positions at The Charles Hotel and The New York Public Library. She holds the Certified Occupancy Specialist designation and is a member of New England Affordable Housing Managers Association.
As Director of Compliance, Cruz uses her property management, training, and regulatory compliance experience to ensure adherence to HUD and LIHTC regulations across the Schochet portfolio of affordable and luxury housing and commercial retail space, which include more than 5,000 apartments and 100,000 square feet of commercial space throughout New England.
Robert E. Weber, Director of Facilities
Robert E. Weber joined Schochet in August of 2020 as Director of Facilities. He most recently served as director of engineering, plant operations & maintenance at Falmouth Hospital. Immediately prior to that, he was facility manager, plant operations & maintenance at Cape Cod Hospital. In both positions, he managed and oversaw all aspects of Cape Cod Healthcare's buildings, grounds, maintenance, construction, aesthetics, and budgeting for a 16-building portfolio, which included resident rehab centers and nursing facilities, ensuring that the facility remained in compliance with all local, state, and federal healthcare regulations.
Mr. Weber holds a degree in Marine Engineering from Massachusetts Maritime Academy. He worked for eight years in the offshore drilling industry, where he was responsible for commissioning, operation, and maintenance of marine and oil drilling systems, gaining experience with complex mechanical systems. He is a licensed Chief Engineer by the United States Coast Guard and has served as an engineering consultant for CO Energy and Engineering, where he provided a suite of commissioning services for healthcare, commercial, residential, industrial and institutional industries including planning and commissioning services for emergency power systems; complying with NFPA 110 and joint commissioning standards for the healthcare industry; and offering master planning services to determine short-, mid- and long-term opportunities to reduce energy, control costs, and improve operational efficiency.
Rob is responsible for ensuring the proper maintenance of Schochet's portfolio of commercial and residential properties, including grounds and landscape; indirectly supervise and train the maintenance superintendents and acts as Schochet's Safety Officer, conducting safety classes, inspections, and implementing safety programs. In conjunction with the acquisitions and development project management staff, he is also responsible for planning and implementation of all capital development projects, particularly new construction, substantial rehabilitation, moderate rehabilitation, and critical repairs.
Kimberly Quint, Director of Property Operations
Kimberly Quint joined Schochet Property Management in 2013 as Senior Property Manager. In 2017, Ms. Quint was promoted to Portfolio Manager and in 2021 Kim has joined the Management Team as Director of Property Operations. Kim works closely with the Executive Vice President overseeing day to day portfolio operations and coordinating portfolio-wide system improvements.
Ms. Quint joined the real estate management field as an Assistant Property Manager shortly after graduating with her bachelor's degree in finance from the University of Massachusetts. She worked quickly through property management assignments, landing in a role as financial analyst for a subsidized portfolio. Her experience also includes researching and testing and structuring training on property management software, as well as creating administrative policies and procedures ensuring properties adhere to administrative, regulatory and subsidy compliance best practices.
Kim holds several certifications and designations including a Certified Property Manager (CPM®) from the Institute of Real Estate Management, NAHP®-e from the National Affordable Housing Management Association (NAHMA™) as well as several other certifications in the affordable industry. Kim also represents Schochet as the Clerk on the Board of Directors for the New England Affordable Housing Management.