Chicago

/Tag: Chicago
13 07, 2020

ASC Arranges $4.95 Million for Acquisition of Multifamily in Chicago

Chicago, IL – July 13, 2020 – American Street Capital (“ASC”) announced today that it has secured a $4.95 million permanent acquisition loan for a 85-unit multifamily building located in Chicago's Marquette Park Neighborhood. Encompassing an entire block of Marquette Ave, the three-story courtyard style multifamily building was constructed in 1928 and renovated in 2019.  [...]

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 [...]

19 05, 2020

American Street Capital Arranges $5.15 million for Multifamily in Chicago

Chicago, IL – May 19, 2020 – American Street Capital (“ASC”) announced today that it has arranged $5.15 million refinance for an 18-unit multi-family property in Chicago, IL. American Street Capital worked exclusively on behalf of the sponsor to secure a fixed rate and term refinance loan for a multi-family property in the Andersonville community [...]

9 01, 2020

ASC Secures $7 million Loan for Multifamily Building in Logan Square

Chicago, IL – January 9, 2020 – American Street Capital (“ASC”) announced today that it has secured a $7.06 million permanent loan for a 45-unit multifamily building in Chicago's Logan Square. Located on a prominent boulevard in Logan Square, the courtyard style multifamily building was originally built in 1928 and recently gut renovated and modernized.  [...]

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