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American Street Capital Secures $11.45 Million Permanent Loan for 144-Unit Multifamily Community in Southwest Chicago Suburb

CHICAGO, IL - 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 in 1974, the 12 building complex is situated on 5.87 acres and consists of 72 one-bedroom and 72 two-bedroom apartments. Amenities included 288. ....

United States , Igor Zhizhin , National Real Estate Investor Magazine , Street Capital , American Street Capital , Top Financial Intermediary , Midwest Real Estate News , National Real Estate Investor , Igor Zhizhin ,

ASC secures $12 million cash-out refinance for Lakeview TOD building

ASC secures $12 million cash-out refinance for Lakeview TOD building
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United States , Wrigley Field , Igor Zhizhin , Transit Oriented Development , American Street Capital , Lake Michigan , Street Capital ,

American Street Capital Arranges $8 Million Acquisition Loan for 108-Unit Multifamily Portfolio in Kenosha, Wisconsin

CHICAGO, IL – American Street Capital (“ASC”) announced today that it has arranged a $8.02 million acquisition loan for a 108-unit multifamily portfolio in Kenosha, WI.
Located approximately 66 miles from the Chicago central business district, Kenosha is one of the southernmost cities in Wisconsin. In recent years, it has become a Midwest fulfillment and distribution hub for Amazon who occupies a 1.6 million square foot state-of-the-art facility in the city. Since the facility opened in 2017, Kenosha has experienced extensive economic growth.
Built in the early 1970s, the portfolio consists of townhouse and center entrance buildings with a unit mix of one-, two- and three-bedroom apartments. Both complexes’ amenities include separately metered mechanicals, abundant parking, laundry facilities and secured entry. Due to the scarcity of workforce housing in the area, both complexes were more than 95 percent occupied at closing. ....

United States , Igor Zhizhin , American Street Capital , Street Capital , ஒன்றுபட்டது மாநிலங்களில் , அமெரிக்கன் தெரு மூலதனம் , தெரு மூலதனம் ,

ASC Secures $10.24 Million Acquisition Loan for Multifamily Community in Burbank, IL

ASC Secures $10.24 Million Acquisition Loan for Multifamily Community in Burbank, IL
Chicago, IL, January 08, 2021 (PR.com) 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 and 86 two-bedroom units with an average size of 952 square feet. Additional amenities included on-site management, 300 parking spaces, in-unit mechanicals, and in-unit laundry. Burbank is a southwestern suburb of Chicago and is approximately 15 miles from the central business district. This is the first time the property has traded since it was built. ....

United States , Igor Zhizhin , National Real Estate Investor Magazine , Street Capital , Real Estate , American Street Capital , Top Financial Intermediary , Midwest Real Estate News , National Real Estate Investor , Wacker Drive , ஒன்றுபட்டது மாநிலங்களில் , தேசிய ரியல் எஸ்டேட் முதலீட்டாளர் பத்திரிகை , தெரு மூலதனம் , ரியல் எஸ்டேட் , அமெரிக்கன் தெரு மூலதனம் , மேல் நிதி இடைத்தரகர் , மிட்வெஸ்ட் ரியல் எஸ்டேட் செய்தி , தேசிய ரியல் எஸ்டேட் முதலீட்டாளர் , வாக்கேர் இயக்கி ,