Acquisition

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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. [...]

18 05, 2021

ASC Arranges $5.72 million for Multifamily Complex in Sebring, FL

Chicago, IL – May 18, 2021 – American Street Capital (“ASC”) announced today that it has arranged a $5.72 million acquisition loan for a 105-unit multifamily complex in Sebring, FL. Built in 1979 and renovated in 2019, the multifamily community consists of 20 buildings spread over 11.03 acres.  The community’s unit mix comprises 28 two-bedroom [...]

1 03, 2021

ASC Arranges $8 million for Multifamily Portfolio in Kenosha, WI

Chicago, IL – March 1, 2021 – American Street Capital (“ASC”) announced today that it has arranged a $8.02 million acquisition loan for a 108-unit multifamily portfolio in Kenosha, WI. Located approximately 66 miles from the Chicago central business district, Kenosha is one of the southernmost cities in Wisconsin.  In recent years, it has become [...]

5 02, 2020

ASC Provides $10.92 Million Bridge Loan for Multifamily Complex in Alsip, IL

Chicago, IL – February 5, 2020 – American Street Capital (“ASC”) announced today that it has secured a $10.92 million bridge loan for a 144-unit multifamily complex in Alsip, IL. Located approximately 24 miles from the Chicago central business district, Alsip is a southwest suburb with easy access to public transportation and interstate expressways.  Built [...]

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