Press Releases
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 [...]
ASC Funds First $1M Bridge Loan for Mixed-Use Building in Chicago
Chicago, IL – October 12, 2022 – American Street Capital (“ASC”) has announced the funding of a $1 million bridge loan for the acquisition of a 7-unit mixed-use building in Chicago, IL. Located in the Rogers Park neighborhood of northern Chicago, the mixed-use asset is directly next door to a CTA Brown line stop and [...]
ASC Arranges $1.6M Bridge Loan for Omaha Multifamily Complex
Chicago, IL – October 4, 2022 – American Street Capital (“ASC”) announced today that it has arranged a $1.6 million bridge loan for a 32-unit multifamily located in Omaha, NE. Situated along the Missouri River across from Council Bluffs in Southern Omaha the three building, garden style multifamily complex is situated on 2.55 acres. The [...]
ASC Arranges $2M Acquisition Loan for Multifamily in Moline, IL
Chicago, IL – September 20, 2022 – American Street Capital (“ASC”) announced today that it has arranged a $2 million loan for the acquisition of a 42-unit multifamily located in Moline, IL. Moline is located on the border of Illinois and Iowa in the Quad cities. The four-story building was built in 1965 and contains [...]
American Street Capital Launches Illinois Bridge Loan Program
Chicago, IL – September 14, 2022 – American Street Capital (“ASC”), a leading national mortgage banking firm, is proud to announce the launch of a balance sheet bridge program offering customizable and efficient executions for small balance real estate investors. Initially focusing on Illinois properties with financing needs of $150,000 to $1,500,000, the program will [...]
ASC secures $3.2MM Refinance for 255k SF Light Industrial in Melrose Park
Chicago, IL – August 25, 2022 – American Street Capital (“ASC”) announced today that it has secured a $3,202,000 refinance loan for a light industrial building located in Melrose Park, IL. Built in 1951, the two story, 255,565 SF building is situated on 7.56 acres and was originally acquired vacant. The space was divided into [...]
ASC arranges $3.9M Refinance for Milwaukee Multifamily
Chicago, IL – August 4, 2022 – American Street Capital (“ASC”) announced today that it has arranged $3.9 million refinance for a 112-unit multifamily complex located in Milwaukee, WI. American Street Capital exclusively represented the sponsor to secure the refinance loan for a multi-family located in the Timmerman West neighborhood of Milwaukee, WI. The complex [...]