Forest Hill Terrace Apartments was built in 1949 and converted to condos in 1990. The property, which contains 452 garden-style units in 14 three-story buildings and one two-family house, is located at a Newark subway station that connects directly to Newark Penn Station.

PW Funding is a direct mortgage lender specializing in the financing of conventional apartments, commercial properties, and senior and affordable housing properties. The firm's sources include Fannie Mae, Freddie Mac, HUD, Wall Street conduits and life insurance companies.

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