Cash Out Refinance

/Tag: Cash Out Refinance
4 06, 2020

ASC Closes $2.45 million Refinance for Multifamily in South Shore

Chicago, IL – June 4, 2020 – American Street Capital (“ASC”) announced today that it has secured a $2.45 million cash-out refinance loan for a 52-unit multi-family building in Chicago, IL. The sponsor, a seasoned owner and operator throughout Chicago, requested a significant cash-out with flexible pre-payment with less than 6 months of stabilization in [...]

23 04, 2020

ASC Secures $1.3 million Refinance for Multifamily in Long Beach, MS

Chicago, IL – April 23, 2020 – American Street Capital (“ASC”) announced today that it has secured a $1.3 million cash-out refinance loan for a 48-unit multi-family complex in Long Beach, Mississippi. Located approximately 17 miles west of Biloxi, the seven building garden style multifamily complex was built in 1969 and was renovated by current [...]

25 02, 2020

ASC Secures $2.12 million Refinance for Multifamily in Helena, MT

Chicago, IL – February 25, 2020 – American Street Capital (“ASC”) announced today that it has secured a $2.12 million cash-out refinance loan for a 40-unit multi-family building in Helena, MT. Built in 1963, the three-story garden style building is situated on 0.52 acres located in downtown Helena.  The unit mix is composed of studio, [...]

22 10, 2019

ASC Arranges $13.6 million for Chicago South Side Multifamily Portfolio

Chicago, IL – October 22, 2019 – American Street Capital (“ASC”) announced today that it has arranged $13.62 million in permanent debt for a twenty building multifamily portfolio located in Chicago, IL. The portfolio, consisting of 214 units scattered over 20 buildings, is located on Chicago’s south side in various neighborhoods such as Bronzeville, Kenwood, [...]

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