Apartments

/Tag: Apartments
11 04, 2019

ASC Secures $1.56 million for Multifamily in Belvidere, IL

Chicago, IL – April 11, 2019 – American Street Capital (“ASC”) announced today that it has secured a $1.56 million loan for a 32 unit multifamily complex located in Belvidere, IL. Located approximately 72 miles from the Chicago CBD, Belvidere has a total population of 25,000 people.  The complex contains two 16 unit buildings and [...]

30 01, 2018

ASC secures $2.62 million for multifamily in Chicago, IL

Chicago, IL – January 30, 2018 – American Street Capital (“ASC”) announced today that it has secured $2.62 million in permanent financing for a 39-unit multifamily property located in Chicago, IL. American Street Capital worked on behalf of the foreign national sponsor to secure the cash-out refinance for a property located in the Rogers Park [...]

27 06, 2017

ASC secures $1.45 million for multifamily property in Arlington Heights, IL

Chicago, IL – June 27, 2017 – American Street Capital (“ASC”) announced today that it has arranged $1.45 million in financing for two contiguous multifamily properties located in Arlington Heights, IL. The transaction closed in May, 2017. The sponsor owned one of the subject properties and was able to leverage his existing equity position in-order [...]

3 12, 2015

American Street Capital arranges $5.80 million financing for a 132-unit multi-family property in Waukegan, IL

Chicago, IL – December 3, 2015 – American Street Capital (“ASC”) announced today that it has arranged $5.80 million in financing for a 132-unit multi-family property in Waukegan, IL. The transaction closed in November, 2015. ASC worked exclusively on behalf of the sponsors to secure the high leverage acquisition loan with a 10-year term, non-recourse, [...]

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