Forest Hill House

In 2024, Tredway, in partnership with LIHC Investment Group, acquired Forest Hill House, a 100-unit senior-occupied apartment complex in Newark, NJ. The joint venture redeveloped the property to encourage aging in place and enhance energy-efficiency by investing upwards of $20 million in improvements and upgrades. The renovation, compeleted in 2025, includes roof replacement, window replacement, security system upgrades, updated kitchens and bathrooms, energy efficiency upgrades, accessibility upgrades for residents with mobility and hear/vision impairment, and common area upgrades to beautify the lobby. The project also activated underutilized common space /outdoor spaces for additional services for the existing senior population, including provisions for age-appropriate fitness facilities, barbershop/salon, exam room/nurse station, and refurbished exterior/patio area.