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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. ....

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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 ,

ASC Arranges $12.59 Million for Multifamily LIHTC Portfolio in Florida


ASC Arranges $12.59 Million for Multifamily LIHTC Portfolio in Florida
Chicago, IL, December 19, 2020 (PR.com) 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. Built in 2001, the property consists of 63 one-story duplexes and nine two-story duplexes that are rent restricted to at or below 60 percent of the area median income (AMI). On-site amenities include a clubhouse, swimming pool, laundry facility, on-site management office, fitness center, basketball courts, playground and 209 parking spaces. ....

United States , Bowling Green , Kyle Tyrrell , National Real Estate Investor Magazine , Street Capital , American Street Capital , Vice President , Top Financial Intermediary , Midwest Real Estate News , National Real Estate Investor , Wacker Drive , ஒன்றுபட்டது மாநிலங்களில் , பந்துவீச்சு பச்சை , கைல் டைரெல் , தேசிய ரியல் எஸ்டேட் முதலீட்டாளர் பத்திரிகை , தெரு மூலதனம் , அமெரிக்கன் தெரு மூலதனம் , துணை ப்ரெஸிடெஂட் , மேல் நிதி இடைத்தரகர் , மிட்வெஸ்ட் ரியல் எஸ்டேட் செய்தி , தேசிய ரியல் எஸ்டேட் முதலீட்டாளர் , வாக்கேர் இயக்கி ,

American Street Capital Secures $2.21 Million Refinance Loan for Multifamily Building in NoHo Arts District of North Hollywood, California

American Street Capital Secures $2.21 Million Refinance Loan for Multifamily Building in NoHo Arts District of North Hollywood, California
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