Press Releases

/Press Releases
23 06, 2020

ASC Secures $2.46 million for Multifamily Complex in Worth, IL

Chicago, IL – June 23, 2020 – American Street Capital (“ASC”) announced today that it has secured a $2.46 million permanent acquisition loan for a 56 unit multifamily complex located in Worth, IL. Located approximately 25 miles from the Chicago central business district, the California style multifamily complex is composed of two buildings totaling 56 [...]

4 06, 2020

ASC Closes $2.45 million Refinance for Multifamily in South Shore

Chicago, IL – June 4, 2020 – American Street Capital (“ASC”) announced today that it has secured a $2.45 million cash-out refinance loan for a 52-unit multi-family building in Chicago, IL. The sponsor, a seasoned owner and operator throughout Chicago, requested a significant cash-out with flexible pre-payment with less than 6 months of stabilization in [...]

19 05, 2020

American Street Capital Arranges $5.15 million for Multifamily in Chicago

Chicago, IL – May 19, 2020 – American Street Capital (“ASC”) announced today that it has arranged $5.15 million refinance for an 18-unit multi-family property in Chicago, IL. American Street Capital worked exclusively on behalf of the sponsor to secure a fixed rate and term refinance loan for a multi-family property in the Andersonville community [...]

23 04, 2020

ASC Secures $1.3 million Refinance for Multifamily in Long Beach, MS

Chicago, IL – April 23, 2020 – American Street Capital (“ASC”) announced today that it has secured a $1.3 million cash-out refinance loan for a 48-unit multi-family complex in Long Beach, Mississippi. Located approximately 17 miles west of Biloxi, the seven building garden style multifamily complex was built in 1969 and was renovated by current [...]

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