The Szanton Company, an affiliate of the Monks Companies, specializes in developing mixed-income rental housing in or near downtowns. We have completed eight apartment buildings in Maine and New Hampshire totaling 393 units. We have three more projects in development that will add about 166 apartments to our portfolio.
We are committed to long-term ownership of our apartment assets. In 2013 we founded Saco Falls Management, our property management arm, to ensure the highest standards of appearance and livability for our residents, neighbors, and communities.
Nathan Szanton started the company in 1996 as a consulting firm that provided development project management services for others, including non-profits and local housing authorities. Since the development of our first project, Casco Terrace, in 2004, we have remained a fully integrated development company that specializes in mixed-income rental housing financed through Affordable Housing Tax Credits administered by the Maine State Housing Authority.