Loan

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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.  [...]

8 10, 2020

ASC Closes $1.45 million Loan for Light Industrial Property in Chicago

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 [...]

25 09, 2020

ASC Arranges $2.18 million for MultiFamily in Crystal Lake, IL

Chicago, IL – September 25, 2020 – American Street Capital (“ASC”) announced today that it has arranged $2.18 million acquisition loan for a 17-unit multifamily building located in Crystal Lake, IL. Located in downtown Crystal Lake, the repurposed property was converted from an office building to a luxury multifamily building.  The new one- and two- [...]

14 09, 2020

ASC Arranges $5.5 million for Multifamily Complex in Omaha

Chicago, IL – September 14, 2020 – American Street Capital (“ASC”) announced today that it has arranged $5.55 million cash-out refinance loan for a 111-unit multifamily complex located in Omaha, NE. Built in 1968 and located in central Omaha, the complex’s unit mix includes studio, one-, two-, and three-bedroom residences, with updated interiors and private [...]

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