Press Releases

Press Releases

ASC arranges $1.1 million for multifamily in Chicago, IL

Multifamily in BronzevilleChicago, IL – December 7, 2017 – American Street Capital (“ASC”) announced today that it has arranged $1.1 million in financing for a 16-unit multifamily property located in Chicago, IL. The transaction closed in November, 2017.

ASC exclusively represented the sponsor to secure the permanent financing for the multi-family property in the Bronzeville neighborhood of Chicago. 

Full Story ›

ASC arranges $1.8 million for multifamily in Maywood, IL

Multifamily in Maywood, ILChicago, IL – December 5, 2017 – American Street Capital (“ASC”) announced today that it has arranged $1.8 million in permanent financing for a 20-unit multifamily property located in Maywood, IL. The transaction closed in November, 2017.

The building was built in 1928 and underwent a complete renovation to modernize the units.  The building’s amenities include in-unit mechanicals,

Full Story ›

ASC arranges $4.9 million for multifamily portfolio in Chicago

Grand Boulevard Multifamily PortfolioChicago, IL – November 15, 2017 – American Street Capital (“ASC”) announced today that it has arranged a total of $4.9 million in acquisition loans for a three building, 88-unit multifamily portfolio located in Chicago, IL. The transaction closed in September, 2017.

ASC exclusively represented the sponsor to secure the permanent acquisition loans for the three assets located in the Grand Boulevard neighborhood of Chicago. 

Full Story ›

ASC’s Igor Zhizhin to speak at Union League Club of Chicago

Chicago, IL – November 14, 2017 – American Street Capital (“ASC”) announced today that Igor Zhizhin, Principal and Founder, will speak on a panel at the Union League Club of Chicago Real Estate breakfast.  The panel will discuss the current and future opportunities in Chicago’s multifamily market.

Mr. Zhizhin will speak on the Multifaceted Multifamily panel with Kevin Rocio of @Properties and Animesh Ravani of Chawla &

Full Story ›

ASC arranges $1.38 million for mixed use building in Chicago, IL

Mixed use in Rodgers ParkChicago, IL – October 26, 2017 – American Street Capital (“ASC”) announced today that it has arranged $1.38 million in acquisition financing for a 7-unit mixed use property located in Chicago, IL. The transaction closed in September, 2017.

ASC worked exclusively on behalf of the sponsor to secure the permanent loan for the mixed-use building located in the Rogers Park neighborhood of Chicago. 

Full Story ›

ASC arranges $7.6 million bridge loan for self storage facility in Chicago

Self storage in Old TownChicago, IL – October 11, 2017 – American Street Capital (“ASC”) announced today that it has secured $7.6 million bridge loan for a self storage facility with 55,418 sq ft consisting of 885 traditional storage units and 490 wine storage units in Chicago, IL. The transaction closed in August, 2017.

ASC exclusively represented the sponsors to secure the bridge loan for the self storage facility located in the Old Town neighborhood of Chicago,

Full Story ›

ASC arranges $1 million for 1031 exchange in Chicago, IL

Multifamily in Douglas ParkChicago, IL – September 27, 2017 – American Street Capital (“ASC”) announced today that it has arranged $1.05 million in financing for a 13-unit multifamily building located in Chicago, IL. The transaction closed in June, 2017.

The absentee sponsor with an immediate 1031 need retained ASC to secure the acquisition loan for the subject asset located in the Little Village neighborhood of Chicago,

Full Story ›

ASC’s Igor Zhizhin to speak at IMN RE Family Office Forum

Information Management Network IMNChicago, IL – September 12, 2017 – American Street Capital (“ASC”) announced today that Igor Zhizhin, Principal and Founder, will speak at the 2nd Annual Real Estate Family Office and Private Wealth Management Forum hosted by the Information Management Network (“IMN”).  In addition to the speaking engagement, ASC will sponsor the event.

Full Story ›

ASC arranges $2.35 million for multifamily in Chicago, IL

Multifamily in Logan Square

Chicago, IL – August 21, 2017 – American Street Capital (“ASC”) announced today that it has arranged $2.35 million in financing for a 13-unit multifamily property located in Chicago, IL. The transaction closed in July, 2017.

The long standing client refinanced a construction loan facilitated by ASC to successfully cash out his basis after having recently stabilized the property.

Full Story ›

ASC arranges $1.33 million for multifamily in Miami, FL

Multifamily in MiamiChicago, IL – July 31, 2017 – American Street Capital (“ASC”) announced today that it has arranged $1.33 million in financing for a 14-unit multifamily building located in Miami, FL. The transaction closed in June, 2017.

ASC exclusively represented the sponsor to secure the acquisition loan for a multi-family building located in the rapidly gentrifying Little Havana neighborhood of Miami,

Full Story ›

ASC arranges $3.9 million for multifamily in Milwaukee, WI

Milwaukee MultifamilyChicago, IL – July 10, 2017 – American Street Capital (“ASC”) announced today that it has arranged $3.9 million in financing for a 112-unit multifamily complex with retail located in Milwaukee, WI. The transaction closed in June, 2017.

ASC exclusively represented the sponsor to secure the refinance loan for a multi-family complex located in the Timmerman West neighborhood of Milwaukee,

Full Story ›

ASC secures $1.45 million for multifamily property in Arlington Heights, IL

Multifamily in Arlington HeightsChicago, IL – June 27, 2017 – American Street Capital (“ASC”) announced today that it has arranged $1.45 million in financing for two contiguous multifamily properties located in Arlington Heights, IL. The transaction closed in May, 2017.

The sponsor owned one of the subject properties and was able to leverage his existing equity position in-order to acquire the adjacent property without providing new equity.

Full Story ›

ASC secures $1.56 million for multifamily property in Boston, MA

Multifamily in BostonChicago, IL – May 9, 2017 – American Street Capital (“ASC”) announced today that it has arranged $1.56 million in financing for a 9-unit multifamily property in Boston, MA. The transaction closed in April, 2017.

ASC exclusively represented the sponsor to secure the acquisition loan for a multifamily property located in the Hyde Park neighborhood of Boston,

Full Story ›

ASC arranges $1.23 million for multifamily property in Burbank, CA

Multifamily in Burbank, CAChicago, IL – May 1, 2017 – American Street Capital (“ASC”) announced today that it has arranged $1.23 million in financing for a 6-unit multifamily property located in Burbank, CA. The transaction closed in April, 2017.

ASC exclusively represented the sponsor to secure the cash-out refinance loan for the multi-family property built in 1987 consisting of 6 residential units with a unit mix of 1 and 2 bedroom apartments. 

Full Story ›

ASC arranges $1.5 million for multifamily property in Chicago, IL

Multifamily in Chicago, ILChicago, IL – April 13, 2017 – American Street Capital (“ASC”) announced today that it has arranged $1.5 million in financing for a 57-unit multifamily property in Chicago, IL. The transaction closed in March, 2017.

ASC exclusively represented the sponsor to secure the cash-out refinance loan for a multi-family property located in the Edgewater neighborhood of Chicago,

Full Story ›

ASC secures bridge loan for mixed use property in Chicago, IL

Bridge loan property in Chicago, ILChicago, IL – March 28, 2017 – American Street Capital (“ASC”) announced today that it has secured a $1.7 million bridge loan for a 24-unit mixed-use property in Chicago, IL. The transaction closed in March, 2017.

The Sponsor, who had recently acquired the property comprised of 9 retail units, 16 residential units and a billboard,

Full Story ›

ASC arranges $11.14 million for mixed use property in Chicago, IL

Mixed use property in ChicagoChicago, IL – March 21, 2017 – American Street Capital (“ASC”) announced today that it has arranged $11.14 million in financing for a 40-unit mixed use property in Chicago, IL. The transaction closed in February, 2017.

ASC exclusively represented the sponsor to secure the acquisition loan for a mixed-use property located in the North Center neighborhood of Chicago,

Full Story ›

ASC’s Igor Zhizhin to speak at Chicago Multifamily Summit

Chicago, IL – March 16, 2017 – American Street Capital (“ASC”) announced today that Igor Zhizhin, Principal and Founder, will speak at the 8th Annual Chicagoland Apartment/Multifamily Summit hosted by RE Journals.  The panel consisting of Chicago’s top commercial real estate executives will discuss the state of the market as well as trends in investment,

Full Story ›

ASC arranges $3.25 million financing for an industrial property in Chicago, IL

Owner occupied industrial property in ChicagoChicago, IL – February 28, 2017 – American Street Capital (“ASC”) announced today that it has arranged $3.25 million in financing for an owner-occupied industrial commercial condominium property in Chicago, IL. The transaction closed in January, 2017.

ASC worked exclusively on behalf of the sponsor to secure a refinance loan and a revolving line of credit for an industrial commercial condominium property in the Chicago International Produce Market (“CIPM”) located in the Lower West Side neighborhood of Chicago,

Full Story ›

American Street Capital arranges $1.1 million financing for multi-family in Chicago, IL

Multi-family located on Chicago's south sideChicago, IL – February 14, 2017 – American Street Capital (“ASC”) announced today that it has secured a $1.1 million permanent first mortgage to cash-out and refinance a 12-unit multi-family property in Chicago, IL.  The transaction closed in December, 2016.

In order to meet the loan structure that aligned with the sponsor’s long term investment strategy,

Full Story ›

ASC arranges $4.1 million for mixed use building in Chicago, IL

935_1Chicago, IL – January 10, 2017 – American Street Capital (“ASC”) announced today that it has arranged $4.1 million in financing for a 9-unit mixed-use property in Chicago, IL. The transaction closed in December, 2016.

ASC worked exclusively on behalf of the sponsor to secure the acquisition loan for a mixed-use property located in the affluent Lincoln Park neighborhood of Chicago,

Full Story ›

ASC arranges $6 million for a self storage facility in Wilmette, IL

Self Storage Facility in Wilmette, ILChicago, IL – December 16, 2016 – American Street Capital (“ASC”) announced today that it has secured $6 million for the refinance of the Chicago Northside Storage property with over 52,800 sq ft and 500 units in Wilmette, IL. The transaction closed in November, 2016.

ASC worked exclusively on behalf of the sponsors’ to secure a cash-out/refinance loan for the self storage facility located in the Village of Wilmette which is part of the North Shore suburbs directly north of Chicago.

Full Story ›

ASC secures $6.65 million for a multifamily property in Chicago’s South Loop

Multifamily in South LoopChicago, IL – October 17, 2016 – American Street Capital (“ASC”) announced today that it has secured $6.65 million in acquisition financing for a seven story, 30-unit multi-family portion of a mixed-use property in Chicago, IL. The transaction closed in September, 2016.

ASC worked exclusively on behalf of the sponsor to secure an acquisition loan for the multi-family property located in the South Loop neighborhood of Chicago.

Full Story ›

ASC arranges $3.8 million financing for a multi-family property in Hazel Crest, IL

Multifamily in Hazel Crest, ILChicago, IL – September 22, 2016 – American Street Capital (“ASC”) announced today that it has arranged $3.80 million in financing for a 90-unit multi-family property in Hazel Crest, IL. The transaction closed in August, 2016.

ASC worked exclusively on behalf of the sponsor to secure a cash-out/refinance loan for a multi-family property located in Hazel Crest a southwest suburb of Chicago,

Full Story ›

ASC arranges $1.5 million financing for mobile home community in Ft. Myers, FL

sv_1_1Chicago, IL – September 13, 2016 – American Street Capital (“ASC”) announced today that it has arranged $1.5 million in acquisition financing for a 71-pad, 6.9 acre senior mobile home park community in Ft. Myers, FL. The transaction closed in August, 2016.

ASC worked exclusively on behalf of the sponsor to secure the acquisition loan for the property with a national credit union.

Full Story ›

ASC arranges $1.5 million financing for mixed-use property in Chicago, IL

3035_W_California_OriginalChicago, IL – August 30, 2016 – American Street Capital (“ASC”) announced today that it has arranged $1.5 million in financing for a 10-unit mixed-use property consisting of one retail space and nine apartments in Chicago, IL. The transaction closed in August, 2016.

ASC worked exclusively on behalf of the sponsor to secure an acquisition loan for a recently rehabbed mixed-use property in the Avondale community of Chicago.

Full Story ›

ASC arranges $1.15 million financing for a multi-family property in Chicago, IL

1522_WSChicago, IL – August 2, 2016 – American Street Capital (“ASC”) announced today that it has arranged $1.15 million in financing for a 6-unit multi-family property in Chicago, IL. The transaction closed in July, 2016.

ASC worked exclusively on behalf of the sponsor to secure a cash-out/refinance loan for a multi-family property in the Edgewater community of Chicago.

Full Story ›

ASC arranges $1.40MM bridge loan for mixed-use property in Chicago, IL

1365_1Chicago, IL – June 14, 2016 – American Street Capital (“ASC”) announced today that it has arranged $1.40 million in financing for a mixed-use property located in the Old Town neighborhood of Chicago, IL. The transaction closed in May, 2016.

ASC worked exclusively on behalf of their client to secure a short-term bridge loan used to renovate a vacant property.

Full Story ›

ASC and The LIHTC Group arrange $1.2MM financing for a multi-family in Cape Coral, FL

808_Chicago, IL – May 3, 2016 – American Street Capital (“ASC”) on behalf of their strategic partner The LIHTC Group announced today that it has arranged $1.2 million in financing for a 32-unit multi-family property in Cape Coral, FL. The transaction closed in April, 2016.

ASC worked exclusively on behalf of the sponsor to secure a cash-out/refinance loan for a recently renovated and repositioned multi-family property.

Full Story ›

American Street Capital arranges $5.5 million financing for an 18-unit multi-family property in Chicago, IL

CAR_WSChicago, IL – April 19, 2016 – American Street Capital (“ASC”) announced today that it has arranged $5.5 million in financing for an 18-unit multi-family property in Chicago, IL. The transaction closed in March, 2016.

ASC worked exclusively on behalf of the sponsors to secure a cash-out/refinance loan for a multi-family property in the Andersonville community of Chicago.

Full Story ›

American Street Capital arranges $1.38 million financing for a 6-unit multi-family property in Chicago, IL

4151_WSChicago, IL – April 6, 2016 – American Street Capital (“ASC”) announced today that it has arranged $1.38 million in financing for a 6-unit multi-family property in Chicago, IL. The transaction closed in March, 2016.

ASC worked exclusively on behalf of their client to secure a cash-out/refinance loan for a multi-family property in the Buena Park community of Chicago.

Full Story ›

ASC and The LIHTC Group arrange $1.2 million financing for a 36-unit multi-family property in Ft. Myers, FL

HH_WS_2Chicago, IL – March 30, 2016 – American Street Capital (“ASC”) on behalf of their strategic partner The LIHTC Group announced today that it has arranged $1.2 million in financing for a 36-unit multi-family property in Ft. Myers, FL. The transaction closed in March, 2016.

ASC worked exclusively on behalf of their client to secure a cash-out/refinance loan for a recently renovated and repositioned multi-family property.

Full Story ›

American Street Capital arranges $1.12 million financing for a 6-unit multi-family property in Chicago, IL

SJ_WSChicago, IL – March 8, 2016 – American Street Capital (“ASC”) announced today that it has arranged $1.12 million in financing for a 6-unit multi-family property in Chicago, IL. The transaction closed in February, 2016.

ASC worked exclusively on behalf of their client to secure a cash-out/refinance loan for a recently renovated multi-family property in the Lincoln Park community of Chicago.

Full Story ›

American Street Capital arranges $4.00 million financing for an 81-unit multi-family property in Oak Lawn, IL

OL_WSChicago, IL – March 1, 2016 – American Street Capital (“ASC”) announced today that it has arranged $4.00 million in financing for an 81-unit multi-family property in Oak Lawn, IL. The transaction closed in February, 2016.

ASC worked exclusively on behalf of their client to secure the acquisition loan for a multi-family complex property in the Oak Lawn suburb of Chicago.

Full Story ›

American Street Capital arranges $1.48 million financing for a 9-unit multi-family property in Miami, FL

BS_WSChicago, IL – February 17, 2016 – American Street Capital (“ASC”) announced today that it has arranged $1.48 million in financing for a 9-unit multi-family property in Miami, FL. The property is located in the Upper East Side neighborhood of Miami.

The loan was a sizeable cash out through permanent financing to take out a bridge loan secured by ASC in December,

Full Story ›

American Street Capital arranges $2,000,000 financing for a cooperative building in Jackson Heights, NY

JH_2_WSChicago, IL – February 9, 2016 – American Street Capital (“ASC”) announced today that it has arranged $2,000,000 in financing for a cooperative building in Jackson Heights, New York. Jackson Heights is a neighborhood in the New York City borough of Queens.

ASC worked exclusively on behalf of the cooperative board to secure the cash-out/refinance loan with a 10-year fixed term and non-recourse structure with a correspondent agency lender.

Full Story ›

American Street Capital arranges $935,000 financing for a mixed-use property in Brooklyn, NY

687_MA_WSChicago, IL – January 5, 2016 – American Street Capital (“ASC”) announced today that it has arranged $935,000 in financing for a mixed-use property in Brooklyn, New York.

ASC worked exclusively on behalf of the sponsors to secure the 5-year fixed loan with a correspondent commercial bank lender. The acquisition of the property was subject to a 1031-exchange deadline that required to close a loan in less than 35 days from application submission. 

Full Story ›

ASC sponsors first annual ChangeFire holiday charity event

CF_WSChicago, IL – December 23, 2015 – American Street Capital (“ASC”) is proud to have sponsored the first annual ChangeFire holiday charity event held in Chicago on December 18th, 2015.

ChangeFire is a non-profit organization with the mission of creating new and supportive communities through the development of sustainable,

Full Story ›

American Street Capital arranges $1.80 million financing for an owner-occupied property in Joliet, IL

Jacks_WSChicago, IL – December 8, 2015 – American Street Capital (“ASC”) announced today that it has arranged $1.80 million in financing for an owner-occupied auto industry property in Joliet, IL the fourth largest city in Illinois. Joliet is the county seat and largest city exclusively situated in Will County. The transaction closed in November, 2015.

Full Story ›

American Street Capital arranges $5.80 million financing for a 132-unit multi-family property in Waukegan, IL

WA_LargeChicago, IL – December 3, 2015 – American Street Capital (“ASC”) announced today that it has arranged $5.80 million in financing for a 132-unit multi-family property in Waukegan, IL. The transaction closed in November, 2015.

ASC worked exclusively on behalf of the sponsors to secure the high leverage acquisition loan with a 10-year term,

Full Story ›

American Street Capital arranges $1.75 million financing for a Chase single tenant retail property in Great Neck, NY

GN_WSChicago, IL – November 10, 2015 – American Street Capital (“ASC”) announced today that it has arranged $1.75 million in financing for a partner buyout of a single tenant retail property in Great Neck, New York.

ASC worked exclusively on behalf of their client to secure the 10-year fixed loan with a correspondent commercial bank lender.

Full Story ›

American Street Capital arranges $1.24 million financing for a 8-unit multi-family property in Chicago, IL

MLK_WSChicago, IL – October 27, 2015 – American Street Capital (“ASC”) announced today that it has arranged $1.24 million in financing for a 8-unit multi-family property in Chicago, IL. The transaction closed in October, 2015.

ASC worked exclusively on behalf of their client to secure the cash-out/refinance loan with a 20-year term, non-recourse,

Full Story ›

American Street Capital arranges $1.20 million financing for a 12-unit multi-family property in Chicago, IL

EN_WS_1Chicago, IL – October 20, 2015 – American Street Capital (“ASC”) announced today that it has arranged $1.20 million in financing for a 12-unit multi-family property in Chicago, IL. The transaction closed in October, 2015.

ASC worked exclusively on behalf of their client to secure the cash-out/refinance loan with a 20-year term, non-recourse,

Full Story ›

American Street Capital arranges $2.38 million financing for a 85-unit multi-family property in Chicago, IL

3000_WS_2Chicago, IL – October 13, 2015 – American Street Capital (“ASC”) announced today that it has arranged $2.38 million in financing for a 85-unit multi-family property in Chicago, IL. The transaction closed in October, 2015.

ASC worked exclusively on behalf of their foreign national client to secure the acquisition loan for a property located in the Marquette Park area of Chicago with a correspondent conduit lender.

Full Story ›

American Street Capital arranges $1.05 million financing for a 24-unit multi-family property in Antioch, IL

Exterior of PropertyChicago, IL – October 6, 2015 – American Street Capital (“ASC”) announced today that it has arranged $1.05 million in financing for a 24-unit multi-family property in Antioch, IL. The transaction closed in September, 2015.

ASC worked exclusively on behalf of their client to secure the acquisition loan that was 77% loan to value,

Full Story ›

ASC sponsors ribbon cutting dinner for Sullivan High School’s new life skills room

SH_LSRChicago, IL – September 30, 2015 – American Street Capital (“ASC”) in collaboration with the Rogers Park Builders Group (“RPBG”) is proud to have sponsored the ribbon cutting dinner for Sullivan High School’s new life skills room this past September.

Sullivan High School is located in the Rogers Park neighborhood of Chicago, IL and is one of the few schools to have a low-incidence program that prepares students with cognitive disabilities for life on their own.

Full Story ›

American Street Capital arranges $2.95 million financing for a 84-unit multi-family property in Kenosha, WI

SH_WSChicago, IL – September 22, 2015 – American Street Capital (“ASC”) announced today that it has arranged $2.95 million in financing for a 84-unit multi-family property in Kenosha, WI. The transaction closed in September, 2015.

ASC worked exclusively on behalf of their client to secure the cash-out/refinance loan with a 20-year term, high leverage,

Full Story ›

ASC arranges $1.32 million for multi-family property in Chicago, IL

ThomasChicago, IL – September 15, 2015 – American Street Capital (“ASC”) announced today that it has arranged $1.32 million in financing for a 6-unit multi-family property in Chicago, IL. The transaction closed in August, 2015.

ASC worked exclusively on behalf of their client to secure an acquisition loan for a recently renovated multi-family property in the West Town community of Chicago.

Full Story ›

American Street Capital arranges $5.50 million financing for a 24-unit multi-family property in Chicago, IL

1535-RF_2Chicago, IL – September 9, 2015 – American Street Capital (“ASC”) announced today that it has arranged $5.50 million in financing for a 24-unit apartment property in the Old Town community of Chicago, IL. The transaction closed in August, 2015.

Working on behalf of its client Quest Realty Group, ASC placed a 25-year fixed loan with a correspondent lender.

Full Story ›

American Street Capital arranges $1.45 million financing for a vertical subdivision in Chicago, IL

Hubbard_1Chicago, IL – August 18, 2015 – American Street Capital (“ASC”) announced today that it has arranged $1.45 million in financing for two investment commercial condominium properties located in the River North area of downtown Chicago, IL. The transaction closed in July, 2015.

ASC worked exclusively on behalf of their client to secure a short-term bridge loan with a correspondent private equity lender.

Full Story ›

American Street Capital arranges $9.50 million financing for a residential investment portfolio in the state of New York

NYC_PortChicago, IL – August 11, 2015 – American Street Capital (“ASC”) announced today that it has arranged a $9.5 million in commercial loan financing for a portfolio of investment residential properties in Manhattan, Kings, and Suffolk Counties in the State of New York. The transaction closed in July, 2015.

ASC worked exclusively on behalf of their foreign national client to secure a short-term bridge loan with a full-term interest reserve with a correspondent private equity lender.

Full Story ›

American Street Capital arranges $2.80 million financing for a 56-unit multi-family property in Loves Park, IL

PC_ReducedChicago, IL – July 27, 2015 – American Street Capital (“ASC”) announced today it arranged $2.80 million in financing for a 56-unit multi-family property in Loves Park, IL. The transaction closed in July, 2015.

ASC worked exclusively on behalf of their client to secure a 20-year term, high leverage, non-recourse, and fully assumable ARM structure loan with a correspondent Agency lender.

Full Story ›

American Street Capital arranges $1.25 million financing for 4-unit mixed-use property in Chicago, IL

3342 N. Hal_1Chicago, IL – July 13th, 2015 – American Street Capital (“ASC”) announced today that it has arranged $1,252,000 in financing for 4-unit mixed-use property in Chicago, IL. The transaction closed in June, 2015.

ASC worked exclusively on behalf of their client to secure a cash-out refinance loan for the mixed-use property located in the Lakeview community of Chicago with a correspondent conduit lender.

Full Story ›

American Street Capital arranges $1.36 million financing for a 31-unit mixed-use property in Chicago, IL

East_Lake_1Chicago, IL – June 19, 2015 – American Street Capital (“ASC”) announced today that it has arranged $1.36 million in financing for a 31-unit mixed-use property in Chicago, IL. The transaction closed in May, 2015.

ASC worked exclusively on behalf of their client to secure a 15-year, fully amortizing, non-recourse, assumable loan for the mixed-use property located in the Rodgers Park community of Chicago.

Full Story ›

American Street Capital arranges $900,000 financing for foreign national 8-unit multi-family property in Chicago, IL

Division_SmallChicago, IL – June 17, 2015 – American Street Capital (“ASC”) announced today that it has arranged $900,000 in financing for 8-unit multi-family property in Chicago, IL. The transaction closed in May, 2015.

ASC worked exclusively on behalf of their foreign national client to secure a significant cash-out refinance loan for the multi-family property located in the Gold Coast community of Chicago with a correspondent bank lender.

Full Story ›

American Street Capital arranges $2.13 million financing for a 60-unit multi-family property in Loves Park, IL

20141105_110051_resized_2Chicago, IL – April 10, 2015 – American Street Capital (“ASC”) announced today that it has arranged $2.13 million in financing for a 60-unit multi-family property in Loves Park, IL. The transaction closed in March, 2015.

ASC worked exclusively on behalf of their client to secure a 10-year, non-recourse, fully assumable loan with a correspondent agency lender in Loves Park a city in Winnebago County located in northern Illinois 80 miles Northwest of Chicago.

Full Story ›

American Street Capital arranges $1.13 million financing for a 6-unit multi-family property in Chicago, IL

Multi_Family_3_17_2015Chicago, IL – March 23, 2015 – American Street Capital (“ASC”) announced today that it has arranged $1.13 million in financing for a 6-unit multi-family property in Chicago, IL. The transaction closed in March, 2015.

ASC worked exclusively on behalf of their client to secure an acquisition loan for a recently remodeled multi-family property in the East Village community of Chicago.

Full Story ›

ASC’s Igor Zhizhin to lead exclusive panel discussion on commercial real estate investment

LL_3Chicago, IL – February 23, 2015 – American Street Capital (“ASC”) today announces that Igor Zhizhin, Principal and Founder, will lead a panel discussion for an exclusive lunch and learn focusing on building wealth in commercial real estate on Wednesday, February 25th, 2015 at 12 PM at Erie Café in Chicago’s River North neighborhood. Igor will be joined by Mark Durakovic,

Full Story ›

American Street Capital arranges $4.5 million financing for a 908-unit multi-family property in Chicago, IL

Chicago_Multifamily_1_Chicago, IL – February 18, 2015 – American Street Capital (“ASC”) announced today that it has arranged $4.5 million in financing for a 908-unit, 57 acre multi-family community in Chicago, IL. The transaction closed in February, 2015.

ASC worked exclusively on behalf of their client to secure a long-term solution for one of the three largest apartment complexes in the Chicago market.

Full Story ›

American Street Capital arranges $1.7 million financing for a hospitality property in Chicago, IL

Chicago_Mixed_UseChicago, IL – February 13, 2015 – American Street Capital (“ASC”) announced today that it has arranged $1.7 million in financing for a hospitality property in Chicago, IL. The transaction closed in January, 2015.

ASC worked exclusively on behalf of their client to secure an acquisition and development loan for a mixed-use property to be converted into a start-up vocational rental by owner (“VRBO”) business.

Full Story ›

American Street Capital arranges $1.19 million financing for a mixed-use property in Chicago, IL

Chicago_Multi_Family_1Chicago, IL – January 7, 2015 – American Street Capital (“ASC”) announced today that it has arranged $1.19 million in financing for a mixed-use property in Chicago, IL.

ASC worked exclusively on behalf of their client to secure the acquisition loan with a correspondent bank lender. The loan was a challenge due to this being the buyer’s first time purchasing a commercial property while being an absentee owner and requiring a higher leverage loan.

Full Story ›

American Street Capital arranges $3.46 million financing for an assisted living facility in Plover, WI

$3,464,000Chicago, IL – December 17, 2014 – American Street Capital (“ASC”) announced today that it has arranged $3.46 million in financing for an Assisted Living Facility in Plover, WI.

ASC worked exclusively on behalf of their client to secure the 35-year fully amortizing, non-recourse loan with a correspondent FHA lender. Loan proceeds were used to consolidate bank and private loans that were near maturity.

Full Story ›

American Street Capital arranges $1.52 million financing for a Verizon single tenant retail property in Smyrna, Tennessee

Nashville_Single_Tenant_Retail_NNNChicago, IL – November 20, 2014 – American Street Capital (“ASC”) announced today that it has arranged $1.52 million in financing for a single tenant retail property in Smyrna, Tennessee.

ASC worked exclusively on behalf of their client to secure the 5-year, non-recourse loan with a correspondent conduit lender. Ownership was challenged to find a desirable structure prior to loan maturity due to the small loan size and being in a tertiary submarket.

Full Story ›

American Street Capital arranges $2.13 million financing for an owner-occupied industrial property in Addison, IL

Chicago_Owner_OccupiedChicago, IL – November 12, 2014 – American Street Capital (“ASC”) announced today that it has arranged $2.13 million in financing for an owner-occupied industrial property in Addison, IL.

ASC worked exclusively on behalf of their client to secure the 25-year fully amortizing loan with a correspondent SBA lender.

A trucking company with a short history and very sizeable recent growth,

Full Story ›

American Street Capital arranges $9.17 million financing for a mixed-use portfolio in Chicago, IL

$9,170,775Chicago, IL – September 15, 2014 – American Street Capital (“ASC”) announced today that it has arranged $9.17 million in financing for a portfolio consisting of four mixed-use properties in Chicago, IL.

ASC worked exclusively on behalf of their client to secure an acquisition and rehab loan with a correspondent bank lender. The buildings were in different neighborhoods around Chicago and required major renovation and a complete repositioning to attain the substantially higher pro forma rents.

Full Story ›