American Street Capital

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22 03, 2023

ASC Secures $2.38M Refinance Loan for Mixed-Use in Chicago

Chicago, IL – March 22, 2023 – American Street Capital (“ASC”) announced today that it has secured a $2,380,000 cash-out refinance loan for a 42-unit mixed-use building located in Chicago, IL. Built in 1897 and recently renovated, the mixed-use building is located at a prominent intersection of Chicago’s Albany Park neighborhood.  The property’s 42 units [...]

12 10, 2022

ASC Funds First $1M Bridge Loan for Mixed-Use Building in Chicago

Chicago, IL – October 12, 2022 – American Street Capital (“ASC”) has announced the funding of a $1 million bridge loan for the acquisition of a 7-unit mixed-use building in Chicago, IL. Located in the Rogers Park neighborhood of northern Chicago, the mixed-use asset is directly next door to a CTA Brown line stop and [...]

20 09, 2022

ASC Arranges $2M Acquisition Loan for Multifamily in Moline, IL

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 [...]

3 05, 2022

ASC Secures $16.5 Million Bridge Loan for Vacant Multifamily Community in Atlanta

Chicago, IL – May 3, 2022 – American Street Capital (“ASC”) announced today that it has secured a $16.5 million value-add bridge loan for the 238-unit apartment community located in Atlanta, GA. The 1955-built, 184,592 square foot garden-style property was acquired vacant and not habitable by the sponsor.  The community will undergo extensive exterior and [...]