Press releases
ASC Secures $4.84 million for Affordable Multifamily Community in Greenville, NC
Chicago, IL – June 16, 2021 – American Street Capital (“ASC”) announced today that it has arranged a $4.84 million acquisition loan for a 100-unit affordable multifamily community in Greenville, NC. Located approximately 88 miles west of Raleigh, Greenville is home to East Carolina University and Vidant Medical Center which is the fifth largest hospital [...]
American Street Capital Arranges $3.3 million for Multifamily Portfolio in Pilsen
Chicago, IL – May 28, 2021 – American Street Capital (“ASC”) announced today that it has arranged a $3.3 million cash-out refinance loan for a 20-unit multifamily portfolio in Chicago, IL. The Pilsen neighborhood is located on the lower west side with a close proximity to Chicago’s downtown. Pilsen has been rapidly gentrifying and was [...]
ASC Arranges $5.72 million for Multifamily Complex in Sebring, FL
Chicago, IL – May 18, 2021 – American Street Capital (“ASC”) announced today that it has arranged a $5.72 million acquisition loan for a 105-unit multifamily complex in Sebring, FL. Built in 1979 and renovated in 2019, the multifamily community consists of 20 buildings spread over 11.03 acres. The community’s unit mix comprises 28 two-bedroom [...]
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 [...]