CONTRACTONGOING

Brady Sullivan sells Devenscrest complex to Schochet

Disclosed value: $40,000,000 (overall project financing); From minutes
Document date: Aug 6, 2025

What it covers

Schochet Companies is proceeding under a Purchase & Sale agreement with Brady Sullivan Properties to acquire the 114‑unit Devenscrest Village Apartments, supported by a $40 million financing package. The Town of Ayer is considering up to $570,000 in CPA and Housing Trust contributions, with state, private equity, and mortgage financing also backing the deal.

Who holds it

Brady Sullivan Properties holds this facilities contract with Town of Ayer. Its other public contracts on record include work for Town of Windsor.

What happens next

Term as filed: Purchase & Sale signed March 2025; closing targeted by Halloween 2025, with 60 days past Oct. 11 to close.

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Contract details

Contract type: Facilities
Amount: $40,000,000 (overall project financing)
Document date: August 6, 2025
Term: Purchase & Sale signed March 2025; closing targeted by Halloween 2025, with 60 days past Oct. 11 to close
Vendor: Brady Sullivan Properties
Agency: Town of Ayer
Source document: Town of Ayer Community Preservation Committee Minutes 2025-08-06 (Minutes)

Brady Sullivan Properties's other public contracts

Town of Windsor, ConnecticutBrady Sullivan Properties Approved for Adaptive Reuse · Oct 14, 2025Undisclosed Town of Windsor, ConnecticutAdaptive Reuse Approved for Waterside Crossing Project · Oct 14, 2025Undisclosed Town of Windsor, ConnecticutBrady Sullivan Gets Approval For Residential Redevelopment · Oct 14, 2025Undisclosed Town of Windsor, ConnecticutBrady Sullivan Properties Wins Approval for Adaptive Reuse · Oct 14, 2025Undisclosed Town of Windsor, ConnecticutWaterside Crossing Gains Approval for Office-to-Residential Conversion · Oct 14, 2025Undisclosed All Brady Sullivan Properties contractsVendor profile

More Town of Ayer contracts

Groton Housing AuthorityManagement Agreement With Groton Housing Authority Considered · Oct 21, 2026Undisclosed Roselli, Clark & AssociatesAyer Trust to Consider Audit Contract with Roselli Clark · Sep 29, 2026Undisclosed Roselli, Clark & AssociatesAyer Trust to Consider Roselli Audit Contract · Sep 29, 2026Undisclosed Rogue EngineeringAyer Housing Authority Considers Rogue Engineering Fee · Sep 23, 2026$9K Cella ConstructionAyer Authority to Consider Cella Construction Change Order · Sep 23, 2026 All Town of Ayer activityAgency profile

Questions about this contract

Who was awarded the facilities contract by Town of Ayer?

Brady Sullivan Properties was awarded this facilities contract by Town of Ayer, as recorded on August 6, 2025. The contract value is $40,000,000 (overall project financing).

How much is the Brady Sullivan Properties contract with Town of Ayer worth?

The Brady Sullivan Properties contract with Town of Ayer is valued at $40,000,000 (overall project financing), covering facilities work.

What type of contract is this?

This is a Facilities contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Town of Ayer Community Preservation Committee Minutes 2025-08-06 (Minutes), dated August 6, 2025 from Town of Ayer. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Brady Sullivan Properties hold?

Brady Sullivan Properties may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Town of Ayer currently buying?

Explore Town of Ayer's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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