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 – April 4, 2022 – American Street Capital (“ASC”) announced today that it has arranged a $9,450,000 cash-out refinance for a light industrial portfolio located in Chicago, IL. The first of the two deals include a $6,090,000 cash-out refinance loan for a 102,850 square foot two-story light industrial building located on Chicago’s west [...]
Chicago, IL – October 8, 2020 – American Street Capital (“ASC”) announced today that it has arranged a $1.45 million permanent loan for the refinance of an industrial property located in the Belmont Gardens neighborhood of Chicago, IL. The sponsor, an established operator throughout the Chicago market, specializes in multi-tenant industrial properties that target local [...]
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 [...]
