Loan

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5 12, 2023

ASC Arranges $4.59M Cash Out Loan for Jonesboro Multifamily Complex

Chicago, IL – December 5, 2023 – American Street Capital (“ASC”) announced today that it has arranged a $4,598,000 cash-out refinance loan for a multifamily complex located in Jonesboro, GA. Constructed in 1972, the multifamily complex is located 20 miles south of the Atlanta CBD.  The 6-building, 49-unit, townhouse style complex was recently upgraded with [...]

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 [...]

13 09, 2023

ASC Arranges $3.55M Refinance Loan for Chicago Multifamily Portfolio

Chicago, IL – September 13, 2023 – American Street Capital (“ASC”) announced today that it has secured a $3,550,000 cash-out refinance loan for a 57-unit multifamily portfolio located in Chicago, IL. The three building multifamily portfolio is in the West Ridge neighborhood of Chicago, also known as Little India.  The portfolios unit mix consists of [...]

9 08, 2023

ASC Secures $2MM Cash Out Refinance Loan for Chicago Multifamily

Chicago, IL – August 9, 2023 – American Street Capital (“ASC”) announced today that it has secured a $2,054,000 cash-out refinance loan for a 24-unit multifamily located in Chicago, IL. The Woodlawn neighborhood is located on Chicago’s south side with close proximity to the University of Chicago and the lakefront-adjacent Jackson Park.  Built in 1902, [...]