Press Releases2022-04-14T13:58:37-05:00

Press Releases

305, 2022

ASC Secures $16.5 Million Bridge Loan for Vacant Multifamily Community in Atlanta

By |May 3rd, 2022|Categories: Press Releases|Tags: , , , , , , , , |0 Comments

Chicago, IL – May 3, 2022 – American Street Capital (“ASC”) announced today that it has secured a $16.5 million value-add bridge loan for the 238-unit apartment community located in Atlanta, GA. The 1955-built, 184,592 square foot garden-style property was acquired vacant and not habitable by the sponsor.  The community will undergo extensive exterior and [...]

504, 2022

ASC Arranges $9.45 million Refinance for 194k SF Industrial Portfolio in Chicago

By |April 5th, 2022|Categories: Press Releases|Tags: , , , , , , |0 Comments

Chicago, IL – April 4, 2022 – American Street Capital (“ASC”) announced today that it has arranged a $9,450,000 cash-out refinance for a light industrial portfolio located in Chicago, IL. The first of the two deals include a $6,090,000 cash-out refinance loan for a 102,850 square foot two-story light industrial building located on Chicago’s west [...]

2203, 2022

ASC Secures $3.2MM Loan for Multifamily in Baltimore

By |March 22nd, 2022|Categories: Press Releases|Tags: , , , , , |0 Comments

Chicago, IL – March 22, 2022 – American Street Capital (“ASC”) announced today that it has arranged a $3.2 million cash-out refinance loan for a 33-unit multifamily building in Baltimore, MD. Located approximately 5 miles west of the Baltimore central business district, the Forest Park neighborhood is primarily residential with proximity to Lake Ashburton.  Built [...]

3101, 2022

ASC Arranges $3MM Bridge Loan for Shaker Heights Multifamily

By |January 31st, 2022|Categories: Press Releases|Tags: , , , , , , |0 Comments

Chicago, IL – January 31, 2022 – American Street Capital (“ASC”) announced today that it has arranged a $3,080,000 cash-out refinance bridge loan for a 100-unit multifamily building in Shaker Heights, OH. Shaker Heights is an affluent suburb of Cleveland located on the eastern edge of the city limits.  The building is within walking distance [...]

1801, 2022

ASC Secures $4.27M Bridge Loan for Multifamily Portfolio in Wichita, KS

By |January 18th, 2022|Categories: Press Releases|Tags: , , , , , , , , , |0 Comments

Chicago, IL – January 18, 2022 – American Street Capital (“ASC”) announced today that it has secured a $4,275,000 acquisition bridge loan for a 180-unit multifamily portfolio in Wichita, KS. Built in 1941 and recently renovated, the 50-building multifamily complex contains 180 units with a unit mix consisting of studios and one- and two-bedroom apartments.  [...]

1001, 2022

ASC Secures $3.26 Million Acquisition Loan for Multifamily Complex in Kenosha

By |January 10th, 2022|Categories: Press Releases|Tags: , , , , , , , |0 Comments

Chicago, IL – January 10, 2022 – American Street Capital (“ASC”) announced today that it has secures a $3.26 million acquisition loan for a 56-unit multifamily complex 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 [...]

1512, 2021

ASC Secures $11.45MM Loan for Multifamily Complex in Alsip, IL

By |December 15th, 2021|Categories: Press Releases|Tags: , , , , , , , , |0 Comments

Chicago, IL – December 15, 2020 – American Street Capital (“ASC”) announced today that it has secured a $11.45 million permanent loan for a 144-unit multifamily complex in Alsip, IL. Located approximately 24 miles from the Chicago central business district, Alsip is a southwest suburb with easy access to public transportation and interstate expressways.  Built [...]

612, 2021

American Street Capital Named 2021 Best of the Best by Midwest RE News

By |December 6th, 2021|Categories: Press Releases|Tags: , , , , , , , , |0 Comments

Chicago, IL – December 6, 2021 – American Street Capital (“ASC”) was recently named a Top Financial Intermediary in Midwest Real Estate News “Best of the Best” for the fifth 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 [...]