CHICAGO, IL - American Street Capital (“ASC”) announced today that it has arranged a $4,200,000 cash-out refinance loan for a multifamily complex located in Loves Park, IL.
Located 80 miles northwest of the Chicago CBD, Loves Park is a city in Winnebago County bordering Rockford, IL. Built in 1969, the 60-unit multifamily complex consists of 8 buildings located on 3.34 acres. The units are made up of one-, two-, and three-bedroom apartments. Additional amenities include 70.
CHICAGO, IL - American Street Capital (“ASC”) announced today that it has arranges $4,178,000 cash-out refinance loan for a multifamily complex located in Riverdale, GA.
Riverdale is a city located 10 miles south of downtown Atlanta, GA. Built in 1972, the complex consists of seven 2-story buildings containing 54 two-bedroom units. On site, an additional building serves as a clubhouse and leasing office. Additional amenities include a playground, ample green space and 133.
CHICAGO, IL - American Street Capital (“ASC”) announced today that it has secured $3,780,000 in permanent debt for a mixed-use portfolio located in Glen Ellyn, IL.
The portfolio consists of two contiguous mixed-use buildings located in downtown Glen Ellyn, IL which is 26 miles west of the Chicago central business district. Built in 1927 & 1973, the buildings were acquired in 2019 and renovated shortly after. The unit mix is made up of two retail units consisting of 6,550.
CHICAGO, IL - 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 a combination of occupied multi-family and vacant residential investment properties located in the Palm Beach metropolitan area.
The client required to.
CHICAGO, IL - American Street Capital (“ASC”) announced today that it has arranged a $3.18 million acquisition loan for a 32-unit multifamily located in Pembroke Park, FL.
Located in Pembroke Park, the 4-story multifamily building is approximately 18 miles north of the Miami central business district. Built in 1972, the 34 unit concrete block building consists of 24-one and 8-two bedroom apartments. Additional amenities include an elevator, security fencing, central air.