Canoe Brook Development Secures $65M Construction Loan For Warren Multifamily Property

Canoe Brook Development, owned by Marshall Tycher, secured a $65 million construction loan from Madison Realty Capital, led by Josh Zegen, for a multifamily property located at 284 King George Road in Warren. The property spans over 9 acres and consists of 220 units.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $65,000,000
• Address: 284 King George Road
• Market: Warren
• Units: 220
• Acres: 9

The loan, provided by Madison Realty Capital, is a construction loan. Canoe Brook Development, represented by Marshall Tycher, will utilize the loan to fund the construction of the multifamily property at 284 King George Road in Warren.