Alexander F. Rek

/Tag: Alexander F. Rek
15 01, 2019

ASC Arranges $15.4 Million for Multifamily Portfolio in Chicago

Chicago, IL – January 15, 2019 – American Street Capital (“ASC”) announced today that it has arranged $15.4 million in permanent loans for the cash-out refinance of a seven-building multifamily portfolio located in the Bronzeville and Kenwood neighborhoods of Chicago, IL. The sponsor, a seasoned owner and operator throughout Chicago, requested a non-recourse, high leverage [...]

24 10, 2018

ASC Secures $1.84 million for Multifamily Acquisition in Chicago

Chicago, IL – October 24, 2018 – American Street Capital (“ASC”) announced today that it has arranged a $1,840,000 million loan for a 29-unit multifamily property located in Chicago, IL. Built in 1918 and renovated in 2017, the three-story courtyard building consisting of one, two, and three bedroom apartments is located in Chicago’s South Shore [...]

10 04, 2018

American Street Capital arranges $4.6 million for multifamily portfolio in Chicago, IL

Chicago, IL – April 10, 2018 – American Street Capital (“ASC”) announced today that it has arranged $4.6 million in financing for the acquisition of a ten building, 98-unit multifamily portfolio located in Chicago, IL. The sponsor, an established owner and operator throughout Chicago, was acquiring a portfolio of predominantly smaller multi-family assets spread throughout [...]

19 01, 2018

ASC closes $2.58 million for multifamily portfolio in Chicago

Chicago, IL – January 19, 2018 – American Street Capital (“ASC”) announced today that it has arranged a total of $2.58 million for a two building, 52-unit multifamily portfolio located in Chicago, IL. The sponsor, a seasoned owner and operator, was able to leverage his existing equity position in-order to acquire a second property without [...]

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