Acquisition

/Tag: Acquisition
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 [...]

9 01, 2020

ASC Secures $7 million Loan for Multifamily Building in Logan Square

Chicago, IL – January 9, 2020 – American Street Capital (“ASC”) announced today that it has secured a $7.06 million permanent loan for a 45-unit multifamily building in Chicago's Logan Square. Located on a prominent boulevard in Logan Square, the courtyard style multifamily building was originally built in 1928 and recently gut renovated and modernized.  [...]

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 [...]

1 10, 2019

American Street Capital Arranges $2.32 Million for Multifamily in Cleveland

Chicago, IL – October 1, 2019 – American Street Capital (“ASC”) announced today that it has arranged $2.32 million in permanent debt for a 71-unit multi-family building located in Cleveland, OH. Built in 1963, the two-story three building complex is situated on 0.75 acres in the Tremont area directly south of downtown Cleveland.  The apartment [...]

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