ASC Secures $1.56 million for Multifamily in Belvidere, IL
Chicago, IL – April 11, 2019 – American Street Capital (“ASC”) announced today that it has secured a $1.56 million loan for a 32 unit multifamily complex located in Belvidere, IL. Located approximately 72 miles from the Chicago CBD, Belvidere has a total population of 25,000 people. The complex contains two 16 unit buildings and [...]
ASC arranges $1.26 million for Multifamily in Bedford, OH
Chicago, IL – April 9, 2019 – American Street Capital (“ASC”) announced today that it has arranges a $1.26 million acquisition loan for a 38-unit multifamily building located in Bedford, Oh. Built in 1959, the two story multifamily building offers a mix of one and two bedroom renovated apartments totaling 30,895 rentable square feet. Additional [...]
ASC Secures $5.3 million for Multifamily Complex in Oak Forest, IL
Chicago, IL – April 2, 2019 – American Street Capital (“ASC”) announced today that it has secured a $5.3 million bridge loan for a 72 unit multifamily complex located in Oak Forest, IL. Located approximately 24 miles from the Chicago central business district, the garden style complex is composed of two 36 unit buildings and [...]
American Street Capital arranges $2.1 million for MHC in Ft. Myers
Chicago, IL – March 20, 2019 – American Street Capital (“ASC”) announced today that it has arranged a $2.1 million cash-out refinance for a 70-pad, senior mobile home community in North Fort Myers, FL. Located north of downtown Ft. Myers, the mobile home community consists of single and double wide lots and 96 parking spaces. [...]
ASC Closes $1.27 Million Refinance in Tuxedo Park, NY
Chicago, IL – March 12, 2019 – American Street Capital (“ASC”) announced today that it has closed a $1,270,000 cash-out refinance for a 9-unit multifamily property located in Tuxedo Park, NY. Situated on 2.6 acres and originally built in the early nineteen hundreds as an estate for a prominent banker, the 16,000 SF mansion was [...]
ASC arranges $1.66 million for Multifamily in Lakewood, OH
Chicago, IL – March 4, 2019 – American Street Capital (“ASC”) announced today that it has arranged a $1.66 million permanent loan for a scattered site apartment portfolio of three multifamily buildings totaling 49 units located in Lakewood, Oh. Located approximately seven miles west of Cleveland the multifamily properties unit mixes include studio, one, [...]
ASC Secures $12 million for Single Tenant NNN in Manchester, CT
Chicago, IL – February 12, 2019 – American Street Capital (“ASC”) announced today that it has secured a $12 million cash out refinance for a triple net, single tenant grocer occupied by Stop & Shop located in Manchester, CT a suburb of Hartford. Built in 1992 and renovated in 2018, the property has a gross area [...]
ASC Arranges $2.71 Million Cash Out Multifamily Refinance
Chicago, IL – January 29, 2018 – American Street Capital (“ASC”) announced today that it has arranged a $2.71 million cash-out refinance loan for a two building, 52-unit multifamily portfolio located in Chicago, IL. Renovated in 2017, the three-story buildings consisting of one and two bedroom apartments are located in Chicago’s South Shore neighborhood. The [...]