ASC Arranges $2.18 million for MultiFamily in Crystal Lake, IL
Chicago, IL – September 25, 2020 – American Street Capital (“ASC”) announced today that it has arranged $2.18 million acquisition loan for a 17-unit multifamily building located in Crystal Lake, IL. Located in downtown Crystal Lake, the repurposed property was converted from an office building to a luxury multifamily building. The new one- and two- [...]
ASC Arranges $5.5 million for Multifamily Complex in Omaha
Chicago, IL – September 14, 2020 – American Street Capital (“ASC”) announced today that it has arranged $5.55 million cash-out refinance loan for a 111-unit multifamily complex located in Omaha, NE. Built in 1968 and located in central Omaha, the complex’s unit mix includes studio, one-, two-, and three-bedroom residences, with updated interiors and private [...]
ASC Secures $2.4 million Refinance for Multifamily in Boynton Beach, FL
Chicago, IL – August 13, 2020 – American Street Capital (“ASC”) announced today that it has secured a $2.4 million cash-out refinance loan for a 24-unit multifamily building located in Boynton Beach, FL. Built in 1967, the two-story California style walkup multifamily building is located in the Ocean Ridge neighborhood within close proximity to the [...]
ASC Secures $6.6 million for Multifamily in Naperville, IL
Chicago, IL – July 29, 2020 – American Street Capital (“ASC”) announced today that it has secured a $6.6 million cash-out refinance loan for a 60-unit multifamily building in Naperville, IL. Located approximately 33 miles from the Chicago central business district, Naperville is an affluent western suburb with a small concentration of apartment units. Built [...]
ASC Arranges $4.95 Million for Acquisition of Multifamily in Chicago
Chicago, IL – July 13, 2020 – American Street Capital (“ASC”) announced today that it has secured a $4.95 million permanent acquisition loan for a 85-unit multifamily building located in Chicago's Marquette Park Neighborhood. Encompassing an entire block of Marquette Ave, the three-story courtyard style multifamily building was constructed in 1928 and renovated in 2019. [...]
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 [...]
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 [...]
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 [...]