15 12, 2021

ASC Secures $11.45MM Loan for Multifamily Complex in Alsip, IL

Chicago, IL – December 15, 2020 – American Street Capital (“ASC”) announced today that it has secured a $11.45 million permanent loan for a 144-unit multifamily complex in Alsip, IL. Located approximately 24 miles from the Chicago central business district, Alsip is a southwest suburb with easy access to public transportation and interstate expressways.  Built [...]

5 08, 2021

ASC Arranges $4.36 million Acquisition Loan for Multifamily in Countryside, IL

Chicago, IL – August 5, 2021 – American Street Capital (“ASC”) announced today that it has secured a $4.36 million acquisition loan for a 54-unit multifamily complex in Countryside, IL. Built in 1975, the three-building multifamily complex is located on historic Route 66 with proximity to the area’s major highways and Midway International Airport.  The [...]

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. [...]

6 01, 2021

ASC Secures $10.24 million Acquisition Loan for Multifamily Community in Burbank, IL

Chicago, IL – January 6, 2021 – American Street Capital (“ASC”) announced today that it has secured a $10.24 million acquisition loan for a multifamily community located in Burbank, IL. Built in 1983, the multifamily community consists of 27 simplex style buildings containing 173 units on 6.31 acres.  The unit mix comprises of 87 one-bedroom [...]