Chicago, IL – July 26, 2023 – American Street Capital (“ASC”) announced today that it has arranged a $41.6 million loan for a five property investment portfolio located Palm Beach County. ASC worked exclusively on behalf of their foreign national client to secure a bridge loan with a full-term interest reserve. The subject properties were [...]
Chicago, IL – May 17, 2022 – American Street Capital (“ASC”) announced today that it has arranged a $3.88 million cash-out refinance for a 57-unit multifamily portfolio located in Chicago, IL. The sponsor, a seasoned owner operator, wanted to take advantage of historically low interest rates and secure long-term debt to support his investment strategy. [...]
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 – March 4, 2019 – American Street Capital (“ASC”) announced today that it has arranged a $1.66 million permanent loan for a scattered site apartment portfolio of three multifamily buildings totaling 49 units located in Lakewood, Oh. Located approximately seven miles west of Cleveland the multifamily properties unit mixes include studio, one, [...]
