Bridge Loan

/Tag: Bridge Loan
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 [...]

15 03, 2019

ASC arranges $1.66 million for Multifamily in Lakewood, OH

Chicago, IL – March 4, 2019 – American Street Capital (“ASC”) announced today that it has arranged a $1.66 million permanent loan for a scattered site apartment portfolio of three multifamily buildings totaling 49 units located in Lakewood, Oh. Located approximately seven miles west of Cleveland the multifamily properties unit mixes include studio, one, [...]

12 09, 2018

ASC secures $2.7 million for 255k SF Industrial in Melrose Park, IL

Chicago, IL – September 12, 2018 – American Street Capital (“ASC”) announced today that it has secured a $2,700,000 bridge loan for a light industrial building located in Melrose Park, IL. Built in 1951, the two story, 255,565 SF  industrial building is situated on 7.56 acres and was acquired vacant with the intent to divide [...]

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