Press Releases

/Press Releases
16 11, 2020

ASC Secures $3 million Permanent Loan for Office Building in River North

Chicago, IL – November 16, 2020 – American Street Capital (“ASC”) announced today that it has secured a $3 million permanent loan for an office building located in Chicago’s River North neighborhood. Built in 1920 and located in downtown Chicago’s River North neighborhood, the five-story, 25,000 SF office building was acquired vacant in early 2018.  [...]

28 10, 2020

ASC Arranges $2.94 million Acquisition Loan for Multifamily in Mississippi

Chicago, IL – October 28, 2020 – American Street Capital (“ASC”) announced today that it has arranged a $2.94 million acquisition loan for a 120-unit multifamily community in Gulfport, Mississippi. Ideally located within close proximity to the region’s largest employers and the beach, the two-story townhouse style complex was built in 1970 and renovated in [...]

8 10, 2020

ASC Closes $1.45 million Loan for Light Industrial Property in Chicago

Chicago, IL – October 8, 2020 – American Street Capital (“ASC”) announced today that it has arranged a $1.45 million permanent loan for the refinance of an industrial property located in the Belmont Gardens neighborhood of Chicago, IL. The sponsor, an established operator throughout the Chicago market, specializes in multi-tenant industrial properties that target local [...]

7 10, 2020

American Street Capital Named 2020 Best of the Best by Midwest Real Estate News

Chicago, IL – October 7, 2020 – American Street Capital (“ASC”) was recently named a Top Financial Intermediary in Midwest Real Estate News “Best of the Best” for the forth consecutive year.  The top financial intermediaries ranking reflects the total dollar volume of commercial real estate loans arranged in 13 Midwest states in calendar year [...]

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