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9 08, 2023

ASC Secures $2MM Cash Out Refinance Loan for Chicago Multifamily

Chicago, IL – August 9, 2023 – American Street Capital (“ASC”) announced today that it has secured a $2,054,000 cash-out refinance loan for a 24-unit multifamily located in Chicago, IL. The Woodlawn neighborhood is located on Chicago’s south side with close proximity to the University of Chicago and the lakefront-adjacent Jackson Park.  Built in 1902, [...]

26 07, 2023

ASC Secures $41.6 Million Loan for Palm Beach County Portfolio

Chicago, IL – July 26, 2023 – American Street Capital (“ASC”) announced today that it has arranged a $41.6 million loan for a five property investment portfolio located Palm Beach County. ASC worked exclusively on behalf of their foreign national client to secure a bridge loan with a full-term interest reserve.  The subject properties were [...]

17 07, 2023

ASC Arranges $1.6MM Cash Out Refinance Loan for Los Angeles Multifamily

Chicago, IL – July 17, 2023 – American Street Capital (“ASC”) announced today that it has arranged a $1,600,000 cash-out refinance loan for a multifamily property located in Los Angeles, CA. Built in 1925, the 16-unit multifamily building is located in the Hollywood area of Los Angeles.  All the units are large studios still with [...]

12 06, 2023

ASC Secures $3.89M Cash-Out Loan for Multifamily in Mahomet

Chicago, IL – June 12, 2023 – American Street Capital (“ASC”) announced today that it has secured a $3,895,000 cash-out refinance loan for a 160-unit multifamily complex located in Mahomet, IL. Mahomet is located in central Illinois approximately 142 miles from Chicago.  The 10.9-acre multi-family complex was built in 1972 and recently renovated.  The eight [...]