Loan

/Tag: Loan
13 07, 2020

ASC Arranges $4.95 Million for Acquisition of Multifamily in Chicago

Chicago, IL – July 13, 2020 – American Street Capital (“ASC”) announced today that it has secured a $4.95 million permanent acquisition loan for a 85-unit multifamily building located in Chicago's Marquette Park Neighborhood. Encompassing an entire block of Marquette Ave, the three-story courtyard style multifamily building was constructed in 1928 and renovated in 2019.  [...]

5 06, 2018

ASC secures $2.27 million for Light Industrial in Chicago, IL

Chicago, IL – June 5, 2018 – American Street Capital (“ASC”) announced today that it has secured $2.27 million permanent loan for a light industrial building located in Chicago, IL. Built in 1910 and located in Chicago’s Hermosa neighborhood, the two story, 133,000 RSF light industrial building was acquired in poor condition.  The sponsor repositioned [...]

20 11, 2014

American Street Capital arranges $1.52 million financing for a Verizon single tenant retail property in Smyrna, Tennessee

Chicago, IL – November 20, 2014 - American Street Capital (“ASC”) announced today that it has arranged $1.52 million in financing for a single tenant retail property in Smyrna, Tennessee. ASC worked exclusively on behalf of their client to secure the 5-year, non-recourse loan with a correspondent conduit lender. Ownership was challenged to find a [...]