Press releases
ASC Arranges $5.95M Refinance for Multifamily Complex in Augusta, GA
Chicago, IL – April 29, 2021 – American Street Capital (“ASC”) announced today that it has arranged a $5.95 million cash-out refinance loan for a 56-unit multifamily complex in Augusta, GA. The city of Augusta is located in northeast Georgia and is home to Augusta National Golf Club, the host of the PGA Tour Masters [...]
American Street Capital Secures $14M Refinance for Multifamily Portfolio in Macomb, IL
Chicago, IL – March 24, 2021 – American Street Capital (“ASC”) announced today that it has secured a $14.3 million refinance loan for a 317-unit multifamily portfolio in Macomb, IL. Built between 2002 and 2005, the portfolio consists of four separate complexes scattered throughout Macomb which is located approximately 75 miles south of the Quad [...]
ASC Arranges $8 million for Multifamily Portfolio in Kenosha, WI
Chicago, IL – March 1, 2021 – American Street Capital (“ASC”) announced today that it has arranged a $8.02 million acquisition loan for a 108-unit multifamily portfolio in Kenosha, WI. Located approximately 66 miles from the Chicago central business district, Kenosha is one of the southernmost cities in Wisconsin. In recent years, it has become [...]
American Street Capital arranges $8.1 million for Multifamily Complex in Riverdale, GA
Chicago, IL – February 16, 2021 – American Street Capital (“ASC”) announced today that it has arranged an $8.1 million cash-out refinance loan for a 150-unit multifamily complex in Riverdale, GA. Located approximately 13 miles from the Atlanta central business district, Riverdale is a southern suburb with proximity to Hartfield-Jackson Atlanta International Airport. Built in [...]
ASC Arranges $3.12 Million for Light Industrial Park in Melrose Park, IL
Chicago, IL – January 20, 2021 – American Street Capital (“ASC”) announced today that it has arranged a $3.12 million permanent loan for a light industrial park located in Melrose Park, IL. Built in 1951, the two story, 255,565 square-foot industrial building is situated on 7.56 acres and was recently repositioned from a single tenant [...]
ASC Secures $10.24 million Acquisition Loan for Multifamily Community in Burbank, IL
Chicago, IL – January 6, 2021 – American Street Capital (“ASC”) announced today that it has secured a $10.24 million acquisition loan for a multifamily community located in Burbank, IL. Built in 1983, the multifamily community consists of 27 simplex style buildings containing 173 units on 6.31 acres. The unit mix comprises of 87 one-bedroom [...]
ASC Arranges $12.59 million for Multifamily LIHTC Portfolio in Florida
Chicago, IL – December 17, 2020 – American Street Capital (“ASC”) announced today that it has arranged $12.59 million in permanent loans for the acquisition of two LIHTC multifamily communities located in Florida. The first of the two deals include a $6,963,000 permanent loan for the acquisition of a 144-unit LIHTC community in Sebring, FL. [...]
ASC Secures $2.21 million Refinance for Multifamily in North Hollywood
Chicago, IL – December 4, 2020 – American Street Capital (“ASC”) announced today that it has secured a $2.21 million cash-out refinance loan for a 11-unit multifamily building located in North Hollywood, CA. Completed in 2020, the three-story multifamily building is located in the thriving NoHo arts district of Los Angeles. The individually metered units [...]