Loan

/Tag: Loan
20 01, 2021

ASC Arranges $3.12 Million for Light Industrial Park in Melrose Park, IL

Chicago, IL – January 20, 2021 – American Street Capital (“ASC”) announced today that it has arranged a $3.12 million permanent loan for a light industrial park located in Melrose Park, IL. Built in 1951, the two story, 255,565 square-foot  industrial building is situated on 7.56 acres and was recently repositioned from a single tenant [...]

6 01, 2021

ASC Secures $10.24 million Acquisition Loan for Multifamily Community in Burbank, IL

Chicago, IL – January 6, 2021 – American Street Capital (“ASC”) announced today that it has secured a $10.24 million acquisition loan for a multifamily community located in Burbank, IL. Built in 1983, the multifamily community consists of 27 simplex style buildings containing 173 units on 6.31 acres.  The unit mix comprises of 87 one-bedroom [...]

4 12, 2020

ASC Secures $2.21 million Refinance for Multifamily in North Hollywood

Chicago, IL – December 4, 2020 – American Street Capital (“ASC”) announced today that it has secured a $2.21 million cash-out refinance loan for a 11-unit multifamily building located in North Hollywood, CA. Completed in 2020, the three-story multifamily building is located in the thriving NoHo arts district of Los Angeles.  The individually metered units [...]

16 11, 2020

ASC Secures $3 million Permanent Loan for Office Building in River North

Chicago, IL – November 16, 2020 – American Street Capital (“ASC”) announced today that it has secured a $3 million permanent loan for an office building located in Chicago’s River North neighborhood. Built in 1920 and located in downtown Chicago’s River North neighborhood, the five-story, 25,000 SF office building was acquired vacant in early 2018.  [...]

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