American Street Capital

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14 07, 2021

ASC Arranges $2 million Bridge Loan for Multifamily in Woodlawn

Chicago, IL – July 14, 2021 – American Street Capital (“ASC”) announced today that it has secured a $2 million bridge loan for a 24-unit multifamily building in Chicago, IL. The Woodlawn neighborhood is located on Chicago’s south side with close proximity to the University of Chicago and the lakefront-adjacent Jackson Park.  Built in 1902, [...]

7 07, 2021

ASC Secures $8.17 million Cash Out for Multifamily in Logan Square

Chicago, IL – July 7, 2021 – American Street Capital (“ASC”) announced today that it has secured a $8.17 million cash-out refinance loan for a 45-unit multifamily building in Chicago, IL. Located on a prominent boulevard in Logan Square, the courtyard style multifamily building was originally built in 1928 and recently gut renovated and modernized.  [...]

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. [...]

16 06, 2021

ASC Secures $4.84 million for Affordable Multifamily Community in Greenville, NC

Chicago, IL – June 16, 2021 – American Street Capital (“ASC”) announced today that it has arranged a $4.84 million acquisition loan for a 100-unit affordable multifamily community in Greenville, NC. Located approximately 88 miles west of Raleigh, Greenville is home to East Carolina University and Vidant Medical Center which is the fifth largest hospital [...]

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