Chicago, IL – October 12, 2023 – American Street Capital (“ASC”) announced today that it has secured a $2,060,000 acquisition loan for a 37-unit multifamily located in Kankakee, IL. Kankakee is a city located approximately 60 miles south of Chicago along the Kankakee River. It offers a diverse base of employment including manufacturing, healthcare, and [...]
Chicago, IL – September 20, 2022 – American Street Capital (“ASC”) announced today that it has arranged a $2 million loan for the acquisition of a 42-unit multifamily located in Moline, IL. Moline is located on the border of Illinois and Iowa in the Quad cities. The four-story building was built in 1965 and contains [...]
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 [...]
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 [...]
