Acquisition loan

/Tag: Acquisition loan
23 06, 2020

ASC Secures $2.46 million for Multifamily Complex in Worth, IL

Chicago, IL – June 23, 2020 – American Street Capital (“ASC”) announced today that it has secured a $2.46 million permanent acquisition loan for a 56 unit multifamily complex located in Worth, IL. Located approximately 25 miles from the Chicago central business district, the California style multifamily complex is composed of two buildings totaling 56 [...]

13 11, 2019

ASC Arranges $5.56 Million for Multifamily Complex in Palatine, IL

Chicago, IL – November 13, 2019 – American Street Capital (“ASC”) announced today that it has arranged a $5.56 million permanent loan for a 62-unit multifamily complex located in Palatine, IL. Built in 1968 and renovated in 2016, the garden style complex is composed of four buildings containing 62 units.  Unit mix includes 30 two-bedroom [...]