Cedar Grove Group

Cedar Grove Group

Milton Heching created Cedar Grove Group following the 2019 exit of Compassionate Care Hospice. The office concentrates on residential real estate using permanent capital that permits discounted acquisitions and extended hold periods. Deployment centers on new construction of multifamily and single-family homes in New Jersey and Florida. The firm also executes debt repositioning and commercial-to-residential conversions. Confirmed holdings include The Upton at 1 Fiske Place in Short Hills, The Vestry at 147 Bloomfield Ave in Montclair, The Alcott, The Sylvan, The Parker, The Winston and a 500-lot single-family portfolio in central Florida. The office reports 456 multifamily units in various stages of development across both states. The Heching family maintains the Heching Family Foundation as a separate philanthropic vehicle. David Heching oversees real estate strategy through Forestwood Investments while Justin, Jordan and Aliza Heching serve as managing directors and chief investment officer respectively. No additional offices or headcount figures are disclosed. The office operates with full internal construction and property-management capabilities, allowing direct control over development timelines and costs rather than reliance on third-party sponsors.