Press Releases
ASC arranges $3.9M Refinance for Milwaukee Multifamily
Chicago, IL – August 4, 2022 – American Street Capital (“ASC”) announced today that it has arranged $3.9 million refinance for a 112-unit multifamily complex located in Milwaukee, WI. American Street Capital exclusively represented the sponsor to secure the refinance loan for a multi-family located in the Timmerman West neighborhood of Milwaukee, WI. The complex [...]
ASC Arranges $3.9M Cash-Out Refinance for Logan Square Multifamily
Chicago, IL – July 7, 2022 – American Street Capital (“ASC”) announced today that it has arranged a $3,938,000 cash-out refinance loan for a 32-unit multifamily building in Chicago’s Logan Square. Built in 1926 and located in the heart of Logan Square, the building is within walking distance of the neighborhoods shopping, dining, and entertainment. [...]
ASC Closes $3.88MM Refinance for Multifamily Portfolio in South Shore
Chicago, IL – May 17, 2022 – American Street Capital (“ASC”) announced today that it has arranged a $3.88 million cash-out refinance for a 57-unit multifamily portfolio located in Chicago, IL. The sponsor, a seasoned owner operator, wanted to take advantage of historically low interest rates and secure long-term debt to support his investment strategy. [...]
ASC Secures $16.5 Million Bridge Loan for Vacant Multifamily Community in Atlanta
Chicago, IL – May 3, 2022 – American Street Capital (“ASC”) announced today that it has secured a $16.5 million value-add bridge loan for the 238-unit apartment community located in Atlanta, GA. The 1955-built, 184,592 square foot garden-style property was acquired vacant and not habitable by the sponsor. The community will undergo extensive exterior and [...]
ASC Arranges $9.45 million Refinance for 194k SF Industrial Portfolio in Chicago
Chicago, IL – April 4, 2022 – American Street Capital (“ASC”) announced today that it has arranged a $9,450,000 cash-out refinance for a light industrial portfolio located in Chicago, IL. The first of the two deals include a $6,090,000 cash-out refinance loan for a 102,850 square foot two-story light industrial building located on Chicago’s west [...]
ASC Secures $3.2MM Loan for Multifamily in Baltimore
Chicago, IL – March 22, 2022 – American Street Capital (“ASC”) announced today that it has arranged a $3.2 million cash-out refinance loan for a 33-unit multifamily building in Baltimore, MD. Located approximately 5 miles west of the Baltimore central business district, the Forest Park neighborhood is primarily residential with proximity to Lake Ashburton. Built [...]
ASC Arranges $3MM Bridge Loan for Shaker Heights Multifamily
Chicago, IL – January 31, 2022 – American Street Capital (“ASC”) announced today that it has arranged a $3,080,000 cash-out refinance bridge loan for a 100-unit multifamily building in Shaker Heights, OH. Shaker Heights is an affluent suburb of Cleveland located on the eastern edge of the city limits. The building is within walking distance [...]
ASC Secures $4.27M Bridge Loan for Multifamily Portfolio in Wichita, KS
Chicago, IL – January 18, 2022 – American Street Capital (“ASC”) announced today that it has secured a $4,275,000 acquisition bridge loan for a 180-unit multifamily portfolio in Wichita, KS. Built in 1941 and recently renovated, the 50-building multifamily complex contains 180 units with a unit mix consisting of studios and one- and two-bedroom apartments. [...]