Illinois

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14 11, 2023

ASC Secures $4.2M Cash Out Loan for Loves Park Multifamily Complex

Chicago, IL – November 14, 2023 – American Street Capital (“ASC”) announced today that it has arranged a $4,200,000 cash-out refinance loan for a multifamily complex located in Loves Park, IL. Located 80 miles northwest of the Chicago CBD, Loves Park is a city in Winnebago County bordering Rockford, IL. Built in 1969, the 60-unit [...]

12 10, 2023

ASC Secures $2M Acquisition Loan for Kankakee Multifamily

Chicago, IL – October 12, 2023 – American Street Capital (“ASC”) announced today that it has secured a $2,060,000 acquisition loan for a 37-unit multifamily located in Kankakee, IL. Kankakee is a city located approximately 60 miles south of Chicago along the Kankakee River.  It offers a diverse base of employment including manufacturing, healthcare, and [...]

5 10, 2023

ASC Secures $3.78 million for Mixed Use Portfolio in Glen Ellyn, IL

Chicago, IL – October 5, 2023 – American Street Capital (“ASC”) announced today that it has secured $3,780,000 in permanent debt for a mixed-use portfolio located in Glen Ellyn, IL. The portfolio consists of two contiguous mixed-use buildings located in downtown Glen Ellyn, IL which is 26 miles west of the Chicago central business district.  [...]

12 06, 2023

ASC Secures $3.89M Cash-Out Loan for Multifamily in Mahomet

Chicago, IL – June 12, 2023 – American Street Capital (“ASC”) announced today that it has secured a $3,895,000 cash-out refinance loan for a 160-unit multifamily complex located in Mahomet, IL. Mahomet is located in central Illinois approximately 142 miles from Chicago.  The 10.9-acre multi-family complex was built in 1972 and recently renovated.  The eight [...]