Acquisition loan

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13 04, 2023

ASC Arranges $3.1M Acquisition Loan for Multifamily in Florida

Chicago, IL – April 13, 2023 – American Street Capital (“ASC”) announced today that it has arranged a $3.18 million acquisition loan for a 32-unit multifamily located in Pembroke Park, FL. Located in Pembroke Park, the 4-story multifamily building is approximately 18 miles north of the Miami central business district.  Built in 1972, the 34 [...]

18 01, 2022

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

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.  [...]

27 10, 2021

ASC Secures $1.7M Acquisition Loan for Multifamily in Aurora, Colorado

Chicago, IL – October 27, 2021 – American Street Capital (“ASC”) announced today that it has secured $1.7 million acquisition loan for a 18-unit multifamily building in Aurora, Co. Located 9.5 miles east of downtown Denver along I70, Aurora is Colorado’s third largest city. Built in 1969, the 18-unit walk-up multifamily building contains a unit [...]

13 08, 2021

American Street Capital Secures $2.32M for Multifamily Complex in Avon Park, FL

Chicago, IL – August 13, 2021 – American Street Capital (“ASC”) announced today that it has secured a $2.32 million acquisition loan for a 55-unit multifamily complex in Avon Park, FL. Built in 1981 and renovated in 2020, the Avon Park community is composed of three studios, three one-bedroom, and 49 two-bedroom apartments.  Recent upgrades [...]