Acquisition loan

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12 10, 2023

ASC Secures $2M Acquisition Loan for Kankakee Multifamily

Chicago, IL – October 12, 2023 – American Street Capital (“ASC”) announced today that it has secured a $2,060,000 acquisition loan for a 37-unit multifamily located in Kankakee, IL. Kankakee is a city located approximately 60 miles south of Chicago along the Kankakee River.  It offers a diverse base of employment including manufacturing, healthcare, and [...]

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 [...]