3 05, 2022

ASC Secures $16.5 Million Bridge Loan for Vacant Multifamily Community in Atlanta

Chicago, IL – May 3, 2022 – American Street Capital (“ASC”) announced today that it has secured a $16.5 million value-add bridge loan for the 238-unit apartment community located in Atlanta, GA. The 1955-built, 184,592 square foot garden-style property was acquired vacant and not habitable by the sponsor.  The community will undergo extensive exterior and [...]

15 12, 2021

ASC Secures $11.45MM Loan for Multifamily Complex in Alsip, IL

Chicago, IL – December 15, 2020 – American Street Capital (“ASC”) announced today that it has secured a $11.45 million permanent loan for a 144-unit multifamily complex in Alsip, IL. Located approximately 24 miles from the Chicago central business district, Alsip is a southwest suburb with easy access to public transportation and interstate expressways.  Built [...]

9 11, 2021

ASC Secures $3.7M Refinance Loan for Multifamily in Albany Park

Chicago, IL – November 9, 2021 – American Street Capital (“ASC”) announced today that it has secured a $3.7 million cash-out refinance loan for a 25-unit multifamily building in Chicago, IL. Built in 1927 and renovated in 2019, the four-story multifamily courtyard building’s unit mix is composed of one-, two-, and three-bedroom apartments with condo [...]

29 09, 2021

ASC Secures $12M Cash-Out Refinance for TOD Building in Chicago’s Lakeview

Chicago, IL – September 29, 2021 – American Street Capital (“ASC”) announced today that it has arranged $12 million in financing for a 39-unit mixed-use building in Chicago, IL. Located in the Lakeview area of Chicago, the property is in proximity to mass transportation, Lake Michigan, and Wrigley Field.  Built in 2019, the mixed-use asset [...]