17 05, 2022

ASC Closes $3.88MM Refinance for Multifamily Portfolio in South Shore

Chicago, IL – May 17, 2022 – American Street Capital (“ASC”) announced today that it has arranged a $3.88 million cash-out refinance for a 57-unit multifamily portfolio located in Chicago, IL. The sponsor, a seasoned owner operator, wanted to take advantage of historically low interest rates and secure long-term debt to support his investment strategy.  [...]

6 12, 2021

American Street Capital Named 2021 Best of the Best by Midwest RE News

Chicago, IL – December 6, 2021 – American Street Capital (“ASC”) was recently named a Top Financial Intermediary in Midwest Real Estate News “Best of the Best” for the fifth consecutive year.  The top financial intermediaries ranking reflects the total dollar volume of commercial real estate loans arranged in 13 Midwest states in calendar year [...]

9 11, 2021

ASC Secures $3.7M Refinance Loan for Multifamily in Albany Park

Chicago, IL – November 9, 2021 – American Street Capital (“ASC”) announced today that it has secured a $3.7 million cash-out refinance loan for a 25-unit multifamily building in Chicago, IL. Built in 1927 and renovated in 2019, the four-story multifamily courtyard building’s unit mix is composed of one-, two-, and three-bedroom apartments with condo [...]

28 05, 2021

American Street Capital Arranges $3.3 million for Multifamily Portfolio in Pilsen

Chicago, IL – May 28, 2021 – American Street Capital (“ASC”) announced today that it has arranged a $3.3 million cash-out refinance loan for a 20-unit multifamily portfolio in Chicago, IL. The Pilsen neighborhood is located on the lower west side with a close proximity to Chicago’s downtown. Pilsen has been rapidly gentrifying and was [...]