Chicago, IL – April 13, 2023 – American Street Capital (“ASC”) announced today that it has arranged a $3.18 million acquisition loan for a 32-unit multifamily located in Pembroke Park, FL. Located in Pembroke Park, the 4-story multifamily building is approximately 18 miles north of the Miami central business district. Built in 1972, the 34 [...]
Chicago, IL – August 13, 2021 – American Street Capital (“ASC”) announced today that it has secured a $2.32 million acquisition loan for a 55-unit multifamily complex in Avon Park, FL. Built in 1981 and renovated in 2020, the Avon Park community is composed of three studios, three one-bedroom, and 49 two-bedroom apartments. Recent upgrades [...]
Chicago, IL – May 18, 2021 – American Street Capital (“ASC”) announced today that it has arranged a $5.72 million acquisition loan for a 105-unit multifamily complex in Sebring, FL. Built in 1979 and renovated in 2019, the multifamily community consists of 20 buildings spread over 11.03 acres. The community’s unit mix comprises 28 two-bedroom [...]
Chicago, IL – December 17, 2020 – American Street Capital (“ASC”) announced today that it has arranged $12.59 million in permanent loans for the acquisition of two LIHTC multifamily communities located in Florida. The first of the two deals include a $6,963,000 permanent loan for the acquisition of a 144-unit LIHTC community in Sebring, FL. [...]
