Bridge Loan

/Tag: Bridge Loan
5 02, 2020

ASC Provides $10.92 Million Bridge Loan for Multifamily Complex in Alsip, IL

Chicago, IL – February 5, 2020 – American Street Capital (“ASC”) announced today that it has secured a $10.92 million bridge loan for a 144-unit multifamily complex in Alsip, IL. Located approximately 24 miles from the Chicago central business district, Alsip is a southwest suburb with easy access to public transportation and interstate expressways.  Built [...]

9 01, 2020

ASC Secures $7 million Loan for Multifamily Building in Logan Square

Chicago, IL – January 9, 2020 – American Street Capital (“ASC”) announced today that it has secured a $7.06 million permanent loan for a 45-unit multifamily building in Chicago's Logan Square. Located on a prominent boulevard in Logan Square, the courtyard style multifamily building was originally built in 1928 and recently gut renovated and modernized.  [...]

18 06, 2019

ASC Arranges $2.53 million for Hickory Hills Multifamily Complex

Chicago, IL – June 18, 2019 – American Street Capital (“ASC”) announced that it has secured a $2.53 million acquisition loan for a multifamily complex located in Hickory Hills, IL. Located approximately 18 miles southwest of the Chicago central business district, the California style multifamily complex contains two buildings totaling 48 units situated on 1.1 [...]

2 04, 2019

ASC Secures $5.3 million for Multifamily Complex in Oak Forest, IL

Chicago, IL – April 2, 2019 – American Street Capital (“ASC”) announced today that it has secured a $5.3 million bridge loan for a 72 unit multifamily complex located in Oak Forest, IL. Located approximately 24 miles from the Chicago central business district, the garden style complex is composed of two 36 unit buildings and [...]

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