17 05, 2022

ASC Closes $3.88MM Refinance for Multifamily Portfolio in South Shore

Chicago, IL – May 17, 2022 – American Street Capital (“ASC”) announced today that it has arranged a $3.88 million cash-out refinance for a 57-unit multifamily portfolio located in Chicago, IL. The sponsor, a seasoned owner operator, wanted to take advantage of historically low interest rates and secure long-term debt to support his investment strategy.  [...]

5 04, 2022

ASC Arranges $9.45 million Refinance for 194k SF Industrial Portfolio in Chicago

Chicago, IL – April 4, 2022 – American Street Capital (“ASC”) announced today that it has arranged a $9,450,000 cash-out refinance for a light industrial portfolio located in Chicago, IL. The first of the two deals include a $6,090,000 cash-out refinance loan for a 102,850 square foot two-story light industrial building located on Chicago’s west [...]

22 03, 2022

ASC Secures $3.2MM Loan for Multifamily in Baltimore

Chicago, IL – March 22, 2022 – American Street Capital (“ASC”) announced today that it has arranged a $3.2 million cash-out refinance loan for a 33-unit multifamily building in Baltimore, MD. Located approximately 5 miles west of the Baltimore central business district, the Forest Park neighborhood is primarily residential with proximity to Lake Ashburton.  Built [...]

31 01, 2022

ASC Arranges $3MM Bridge Loan for Shaker Heights Multifamily

Chicago, IL – January 31, 2022 – American Street Capital (“ASC”) announced today that it has arranged a $3,080,000 cash-out refinance bridge loan for a 100-unit multifamily building in Shaker Heights, OH. Shaker Heights is an affluent suburb of Cleveland located on the eastern edge of the city limits.  The building is within walking distance [...]