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 [...]
Chicago, IL – September 12, 2018 – American Street Capital (“ASC”) announced today that it has secured a $2,700,000 bridge loan for a light industrial building located in Melrose Park, IL. Built in 1951, the two story, 255,565 SF industrial building is situated on 7.56 acres and was acquired vacant with the intent to divide [...]
Chicago, IL – February 28, 2017 – American Street Capital (“ASC”) announced today that it has arranged $3.25 million in financing for an owner-occupied industrial commercial condominium property in Chicago, IL. The transaction closed in January, 2017. ASC worked exclusively on behalf of the sponsor to secure a refinance loan and a revolving line of [...]
Chicago, IL – November 12, 2014 - American Street Capital (“ASC”) announced today that it has arranged $2.13 million in financing for an owner-occupied industrial property in Addison, IL. ASC worked exclusively on behalf of their client to secure the 25-year fully amortizing loan with a correspondent SBA lender. A trucking company with a short [...]
