ASC Secures $7 million Loan for Multifamily Building in Logan Square
Chicago, IL – January 9, 2020 – American Street Capital (“ASC”) announced today that it has secured a $7.06 million permanent loan for a 45-unit multifamily building in Chicago's Logan Square. Located on a prominent boulevard in Logan Square, the courtyard style multifamily building was originally built in 1928 and recently gut renovated and modernized. [...]
ASC Arranges $5.56 Million for Multifamily Complex in Palatine, IL
Chicago, IL – November 13, 2019 – American Street Capital (“ASC”) announced today that it has arranged a $5.56 million permanent loan for a 62-unit multifamily complex located in Palatine, IL. Built in 1968 and renovated in 2016, the garden style complex is composed of four buildings containing 62 units. Unit mix includes 30 two-bedroom [...]
ASC Arranges $13.6 million for Chicago South Side Multifamily Portfolio
Chicago, IL – October 22, 2019 – American Street Capital (“ASC”) announced today that it has arranged $13.62 million in permanent debt for a twenty building multifamily portfolio located in Chicago, IL. The portfolio, consisting of 214 units scattered over 20 buildings, is located on Chicago’s south side in various neighborhoods such as Bronzeville, Kenwood, [...]
American Street Capital Arranges $2.32 Million for Multifamily in Cleveland
Chicago, IL – October 1, 2019 – American Street Capital (“ASC”) announced today that it has arranged $2.32 million in permanent debt for a 71-unit multi-family building located in Cleveland, OH. Built in 1963, the two-story three building complex is situated on 0.75 acres in the Tremont area directly south of downtown Cleveland. The apartment [...]
American Street Capital Secures $9.64 million for Multifamily Portfolio in Oak Forest, IL
Chicago, IL – September 17, 2019 – American Street Capital (“ASC”) announced today that it has secured $9.64 million in permanent debt for a 149-unit scattered site multi-family portfolio in the Chicago suburb of Oak Forest, Illinois. Located approximately 24 miles from the Chicago central business district, Oak Forest is a southern suburb with easy [...]
American Street Capital Named 2019 Best of the Best by Midwest Real Estate News
Chicago, IL – September 5, 2019 – American Street Capital (“ASC”) was recently named a Top Financial Intermediary in Midwest Real Estate News “Best of the Best” for the third consecutive year. The top financial intermediaries ranking reflects the total dollar volume of commercial real estate loans arranged in 13 Midwest states in calendar year [...]
ASC Secures $3.85 million Loan for Office Building in Miami
Chicago, IL – August 27, 2019 – American Street Capital (“ASC”) announced today that it has secured $3.85 million cash-out refinance loan for a single tenant office building located in Miami, FL. Located approximately seven miles from downtown Miami, Brickell, and Miami Beach, the office building was built in 1979 and extensively renovated in 2018 [...]
ASC Secures $1.76 million for Multifamily in Cape Coral, FL
Chicago, IL – August 8, 2019 – American Street Capital (“ASC”) announced today that it has secured a $1.76 million cash-out refinance loan for a 32-unit multi-family complex located in Cape Coral, FL. Built in 1967 and recently rehabbed, the four building multi-family complex’s unit mix consists of studio, one- and two-bedroom units with an [...]