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 [...]
Chicago, IL – January 18, 2022 – American Street Capital (“ASC”) announced today that it has secured a $4,275,000 acquisition bridge loan for a 180-unit multifamily portfolio in Wichita, KS. Built in 1941 and recently renovated, the 50-building multifamily complex contains 180 units with a unit mix consisting of studios and one- and two-bedroom apartments. [...]
Chicago, IL – June 30, 2021 – American Street Capital (“ASC”) announced today that it has arranged $3,094,000 acquisition financing for the purchase of a six-building multi-family portfolio. The properties were part of a larger association in Woodridge, a Southwest suburb of Chicago, IL. The high net worth sponsor was pursing their first multi-family acquisition. [...]
Chicago, IL – May 28, 2021 – American Street Capital (“ASC”) announced today that it has arranged a $3.3 million cash-out refinance loan for a 20-unit multifamily portfolio in Chicago, IL. The Pilsen neighborhood is located on the lower west side with a close proximity to Chicago’s downtown. Pilsen has been rapidly gentrifying and was [...]
