multifamily

/Tag: multifamily
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 [...]

17 12, 2020

ASC Arranges $12.59 million for Multifamily LIHTC Portfolio in Florida

Chicago, IL – December 17, 2020 – American Street Capital (“ASC”) announced today that it has arranged $12.59 million in permanent loans for the acquisition of two LIHTC multifamily communities located in Florida. The first of the two deals include a $6,963,000 permanent loan for the acquisition of a 144-unit LIHTC community in Sebring, FL.  [...]

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 [...]

7 10, 2020

American Street Capital Named 2020 Best of the Best by Midwest Real Estate News

Chicago, IL – October 7, 2020 – American Street Capital (“ASC”) was recently named a Top Financial Intermediary in Midwest Real Estate News “Best of the Best” for the forth consecutive year.  The top financial intermediaries ranking reflects the total dollar volume of commercial real estate loans arranged in 13 Midwest states in calendar year [...]

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