13 10, 2021

ASC Arranges $8M Bridge Loan for Mixed-Use in Logan Square

Chicago, IL – October 13, 2021 – American Street Capital (“ASC”) announced today that it has arranged $8MM bridge loan for a 37-unit mixed-use building in Chicago, IL. The Logan Square neighborhood is located on the northwest side of Chicago with proximity to mass transit and downtown.  Built in 1902, the subject property is directly [...]

30 08, 2021

ASC Arranges $17.27M Bridge Loan for Multifamily Community in Jonesboro, GA

Chicago, IL – August 30, 2021 – American Street Capital (“ASC”) announced today that it has arranged a $17.27 million value-add bridge loan for the 200-unit Flint River Apartments community located in Jonesboro, GA. Situated 15 miles south of the Atlanta central business district, Jonesboro is a southern suburb with a growing workforce housing market [...]

5 08, 2021

ASC Arranges $4.36 million Acquisition Loan for Multifamily in Countryside, IL

Chicago, IL – August 5, 2021 – American Street Capital (“ASC”) announced today that it has secured a $4.36 million acquisition loan for a 54-unit multifamily complex in Countryside, IL. Built in 1975, the three-building multifamily complex is located on historic Route 66 with proximity to the area’s major highways and Midway International Airport.  The [...]

30 06, 2021

ASC Closes $3 million Loan for Multifamily Portfolio in Woodridge, IL

Chicago, IL – June 30, 2021 – American Street Capital (“ASC”) announced today that it has arranged $3,094,000 acquisition financing for the purchase of a six-building multi-family portfolio. The properties were part of a larger association in Woodridge, a Southwest suburb of Chicago, IL. The high net worth sponsor was pursing their first multi-family acquisition. [...]