Cash Out Refinance

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5 12, 2023

ASC Arranges $4.59M Cash Out Loan for Jonesboro Multifamily Complex

Chicago, IL – December 5, 2023 – American Street Capital (“ASC”) announced today that it has arranged a $4,598,000 cash-out refinance loan for a multifamily complex located in Jonesboro, GA. Constructed in 1972, the multifamily complex is located 20 miles south of the Atlanta CBD.  The 6-building, 49-unit, townhouse style complex was recently upgraded with [...]

14 11, 2023

ASC Secures $4.2M Cash Out Loan for Loves Park Multifamily Complex

Chicago, IL – November 14, 2023 – American Street Capital (“ASC”) announced today that it has arranged a $4,200,000 cash-out refinance loan for a multifamily complex located in Loves Park, IL. Located 80 miles northwest of the Chicago CBD, Loves Park is a city in Winnebago County bordering Rockford, IL. Built in 1969, the 60-unit [...]

26 10, 2023

ASC Arranges $4.17M Cash Out Loan for Georgia Multifamily Complex

Chicago, IL – October 26, 2023 – American Street Capital (“ASC”) announced today that it has arranges $4,178,000 cash-out refinance loan for a multifamily complex located in Riverdale, GA. Riverdale is a city located 10 miles south of downtown Atlanta, GA.  Built in 1972, the complex consists of seven 2-story buildings containing 54 two-bedroom units.  [...]

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 [...]