Bridge Loan

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26 07, 2023

ASC Secures $41.6 Million Loan for Palm Beach County Portfolio

Chicago, IL – July 26, 2023 – American Street Capital (“ASC”) announced today that it has arranged a $41.6 million loan for a five property investment portfolio located Palm Beach County. ASC worked exclusively on behalf of their foreign national client to secure a bridge loan with a full-term interest reserve.  The subject properties were [...]

17 07, 2023

ASC Arranges $1.6MM Cash Out Refinance Loan for Los Angeles Multifamily

Chicago, IL – July 17, 2023 – American Street Capital (“ASC”) announced today that it has arranged a $1,600,000 cash-out refinance loan for a multifamily property located in Los Angeles, CA. Built in 1925, the 16-unit multifamily building is located in the Hollywood area of Los Angeles.  All the units are large studios still with [...]

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 [...]