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

Press Releases

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.  [...]

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 [...]