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

Press Releases

1210, 2022

ASC Funds First $1M Bridge Loan for Mixed-Use Building in Chicago

By |October 12th, 2022|Categories: Press Releases|Tags: , , , , , , , , , |0 Comments

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 [...]

410, 2022

ASC Arranges $1.6M Bridge Loan for Omaha Multifamily Complex

By |October 4th, 2022|Categories: Press Releases|Tags: , , , , , , , , |0 Comments

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 [...]

2009, 2022

ASC Arranges $2M Acquisition Loan for Multifamily in Moline, IL

By |September 20th, 2022|Categories: Press Releases|Tags: , , , , , , , , |0 Comments

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 [...]

1409, 2022

American Street Capital Launches Illinois Bridge Loan Program

By |September 14th, 2022|Categories: Press Releases|0 Comments

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 [...]

2508, 2022

ASC secures $3.2MM Refinance for 255k SF Light Industrial in Melrose Park

By |August 25th, 2022|Categories: Press Releases|Tags: , , , , , , , , |0 Comments

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 [...]

408, 2022

ASC arranges $3.9M Refinance for Milwaukee Multifamily

By |August 4th, 2022|Categories: Press Releases|Tags: , , , , , , , |0 Comments

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 [...]

707, 2022

ASC Arranges $3.9M Cash-Out Refinance for Logan Square Multifamily

By |July 7th, 2022|Categories: Press Releases|Tags: , , , , , , , |0 Comments

Chicago, IL – July 7, 2022 – American Street Capital (“ASC”) announced today that it has arranged a $3,938,000 cash-out refinance loan for a 32-unit multifamily building in Chicago’s Logan Square. Built in 1926 and located in the heart of Logan Square, the building is within walking distance of the neighborhoods shopping, dining, and entertainment. [...]

1705, 2022

ASC Closes $3.88MM Refinance for Multifamily Portfolio in South Shore

By |May 17th, 2022|Categories: Press Releases|Tags: , , , , , , , |0 Comments

Chicago, IL – May 17, 2022 – American Street Capital (“ASC”) announced today that it has arranged a $3.88 million cash-out refinance for a 57-unit multifamily portfolio located in Chicago, IL. The sponsor, a seasoned owner operator, wanted to take advantage of historically low interest rates and secure long-term debt to support his investment strategy.  [...]