Tredway and LIHC Investment Group Unveil Renovated Senior Housing at Forest Hill House in Newark

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Tredway and LIHC Investment Group have unveiled renovated senior housing at Forest Hill House, a multifamily property located at 505 Mount Prospect Avenue in Newark, New Jersey, the firms announced in May 2026.

The completion marks a renovation of an existing senior housing property in Newark. Forest Hill House is a single building at 505 Mount Prospect Avenue, Newark, NJ 07104.

Forest Hill House: A Senior Housing Renovation

The renovation was completed in 2026. Additional details regarding the scope of rehabilitation work, financing structure, unit count, affordability restrictions, and financial terms of the transaction were not disclosed by the firms.

The Partners: Tredway and LIHC Investment Group

Tredway is an affordable housing firm that participated in the renovation of Forest Hill House alongside LIHC Investment Group. Further details about each firm's role in the transaction were not disclosed in the announcement.

Tredway and LIHC Investment Group did not disclose financial terms of the Forest Hill House transaction.