12 10, 2022

ASC Funds First $1M Bridge Loan for Mixed-Use Building in Chicago

Chicago, IL – October 12, 2022 – American Street Capital (“ASC”) has announced the funding of a $1 million bridge loan for the acquisition of a 7-unit mixed-use building in Chicago, IL. Located in the Rogers Park neighborhood of northern Chicago, the mixed-use asset is directly next door to a CTA Brown line stop and [...]

25 08, 2022

ASC secures $3.2MM Refinance for 255k SF Light Industrial in Melrose Park

Chicago, IL – August 25, 2022 – American Street Capital (“ASC”) announced today that it has secured a $3,202,000 refinance loan for a light industrial building located in Melrose Park, IL. Built in 1951, the two story, 255,565 SF building is situated on 7.56 acres and was originally acquired vacant. The space was divided into [...]

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 [...]