Chicago

/Tag: Chicago
20 01, 2021

ASC Arranges $3.12 Million for Light Industrial Park in Melrose Park, IL

Chicago, IL – January 20, 2021 – American Street Capital (“ASC”) announced today that it has arranged a $3.12 million permanent loan for a light industrial park located in Melrose Park, IL. Built in 1951, the two story, 255,565 square-foot  industrial building is situated on 7.56 acres and was recently repositioned from a single tenant [...]

16 11, 2020

ASC Secures $3 million Permanent Loan for Office Building in River North

Chicago, IL – November 16, 2020 – American Street Capital (“ASC”) announced today that it has secured a $3 million permanent loan for an office building located in Chicago’s River North neighborhood. Built in 1920 and located in downtown Chicago’s River North neighborhood, the five-story, 25,000 SF office building was acquired vacant in early 2018.  [...]

8 10, 2020

ASC Closes $1.45 million Loan for Light Industrial Property in Chicago

Chicago, IL – October 8, 2020 – American Street Capital (“ASC”) announced today that it has arranged a $1.45 million permanent loan for the refinance of an industrial property located in the Belmont Gardens neighborhood of Chicago, IL. The sponsor, an established operator throughout the Chicago market, specializes in multi-tenant industrial properties that target local [...]

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.  [...]

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