Press Releases
ASC Arranges $3.55M Refinance Loan for Chicago Multifamily Portfolio
Chicago, IL – September 13, 2023 – American Street Capital (“ASC”) announced today that it has secured a $3,550,000 cash-out refinance loan for a 57-unit multifamily portfolio located in Chicago, IL. The three building multifamily portfolio is in the West Ridge neighborhood of Chicago, also known as Little India. The portfolios unit mix consists of [...]
ASC Secures $2MM Cash Out Refinance Loan for Chicago Multifamily
Chicago, IL – August 9, 2023 – American Street Capital (“ASC”) announced today that it has secured a $2,054,000 cash-out refinance loan for a 24-unit multifamily located in Chicago, IL. The Woodlawn neighborhood is located on Chicago’s south side with close proximity to the University of Chicago and the lakefront-adjacent Jackson Park. Built in 1902, [...]
ASC Secures $41.6 Million Loan for Palm Beach County Portfolio
Chicago, IL – July 26, 2023 – American Street Capital (“ASC”) announced today that it has arranged a $41.6 million loan for a five property investment portfolio located Palm Beach County. ASC worked exclusively on behalf of their foreign national client to secure a bridge loan with a full-term interest reserve. The subject properties were [...]
ASC Arranges $1.6MM Cash Out Refinance Loan for Los Angeles Multifamily
Chicago, IL – July 17, 2023 – American Street Capital (“ASC”) announced today that it has arranged a $1,600,000 cash-out refinance loan for a multifamily property located in Los Angeles, CA. Built in 1925, the 16-unit multifamily building is located in the Hollywood area of Los Angeles. All the units are large studios still with [...]
ASC Secures $3.89M Cash-Out Loan for Multifamily in Mahomet
Chicago, IL – June 12, 2023 – American Street Capital (“ASC”) announced today that it has secured a $3,895,000 cash-out refinance loan for a 160-unit multifamily complex located in Mahomet, IL. Mahomet is located in central Illinois approximately 142 miles from Chicago. The 10.9-acre multi-family complex was built in 1972 and recently renovated. The eight [...]
ASC Arranges $3.1M Acquisition Loan for Multifamily in Florida
Chicago, IL – April 13, 2023 – American Street Capital (“ASC”) announced today that it has arranged a $3.18 million acquisition loan for a 32-unit multifamily located in Pembroke Park, FL. Located in Pembroke Park, the 4-story multifamily building is approximately 18 miles north of the Miami central business district. Built in 1972, the 34 [...]
ASC Secures $2.38M Refinance Loan for Mixed-Use in Chicago
Chicago, IL – March 22, 2023 – American Street Capital (“ASC”) announced today that it has secured a $2,380,000 cash-out refinance loan for a 42-unit mixed-use building located in Chicago, IL. Built in 1897 and recently renovated, the mixed-use building is located at a prominent intersection of Chicago’s Albany Park neighborhood. The property’s 42 units [...]
ASC Secures $5.96M Refinance Loan for Multifamily in Missouri
Chicago, IL – January 18, 2022 – American Street Capital (“ASC”) announced today that it has secured a $5,968,000 cash-out refinance loan for a 152-unit multifamily located in St. Robert, Missouri. St. Robert is in central Missouri approximately 132 miles from St. Louis and is home to Fort Leonard Wood. Fort Leonard Wood is one [...]