29 09, 2021

ASC Secures $12M Cash-Out Refinance for TOD Building in Chicago’s Lakeview

Chicago, IL – September 29, 2021 – American Street Capital (“ASC”) announced today that it has arranged $12 million in financing for a 39-unit mixed-use building in Chicago, IL. Located in the Lakeview area of Chicago, the property is in proximity to mass transportation, Lake Michigan, and Wrigley Field.  Built in 2019, the mixed-use asset [...]

14 07, 2021

ASC Arranges $2 million Bridge Loan for Multifamily in Woodlawn

Chicago, IL – July 14, 2021 – American Street Capital (“ASC”) announced today that it has secured a $2 million bridge loan for a 24-unit multifamily building in Chicago, IL. The Woodlawn neighborhood is located on Chicago’s south side with close proximity to the University of Chicago and the lakefront-adjacent Jackson Park.  Built in 1902, [...]

7 07, 2021

ASC Secures $8.17 million Cash Out for Multifamily in Logan Square

Chicago, IL – July 7, 2021 – American Street Capital (“ASC”) announced today that it has secured a $8.17 million cash-out refinance loan for a 45-unit multifamily building in Chicago, IL. Located on a prominent boulevard in Logan Square, the courtyard style multifamily building was originally built in 1928 and recently gut renovated and modernized.  [...]

30 06, 2021

ASC Closes $3 million Loan for Multifamily Portfolio in Woodridge, IL

Chicago, IL – June 30, 2021 – American Street Capital (“ASC”) announced today that it has arranged $3,094,000 acquisition financing for the purchase of a six-building multi-family portfolio. The properties were part of a larger association in Woodridge, a Southwest suburb of Chicago, IL. The high net worth sponsor was pursing their first multi-family acquisition. [...]