Bridge Loan

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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 [...]

4 10, 2022

ASC Arranges $1.6M Bridge Loan for Omaha Multifamily Complex

Chicago, IL – October 4, 2022 – American Street Capital (“ASC”) announced today that it has arranged a $1.6 million bridge loan for a 32-unit multifamily located in Omaha, NE. Situated along the Missouri River across from Council Bluffs in Southern Omaha the three building, garden style multifamily complex is situated on 2.55 acres.  The [...]

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 [...]

13 10, 2021

ASC Arranges $8M Bridge Loan for Mixed-Use in Logan Square

Chicago, IL – October 13, 2021 – American Street Capital (“ASC”) announced today that it has arranged $8MM bridge loan for a 37-unit mixed-use building in Chicago, IL. The Logan Square neighborhood is located on the northwest side of Chicago with proximity to mass transit and downtown.  Built in 1902, the subject property is directly [...]