Cash Out Refinance

Home/Tag:Cash Out Refinance
18 01, 2023

ASC Secures $5.96M Refinance Loan for Multifamily in Missouri

Chicago, IL – January 18, 2022 – American Street Capital (“ASC”) announced today that it has secured a $5,968,000 cash-out refinance loan for a 152-unit multifamily located in St. Robert, Missouri. St. Robert is in central Missouri approximately 132 miles from St. Louis and is home to Fort Leonard Wood.  Fort Leonard Wood is one [...]

7 07, 2022

ASC Arranges $3.9M Cash-Out Refinance for Logan Square Multifamily

Chicago, IL – July 7, 2022 – American Street Capital (“ASC”) announced today that it has arranged a $3,938,000 cash-out refinance loan for a 32-unit multifamily building in Chicago’s Logan Square. Built in 1926 and located in the heart of Logan Square, the building is within walking distance of the neighborhoods shopping, dining, and entertainment. [...]

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 [...]