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American Street Capital arranges $2.13 million financing for a 60-unit multi-family property in Loves Park, IL

$9,170,775Chicago, IL – April 10, 2015 – American Street Capital (“ASC”) announced today that it has arranged $2.13 million in financing for a 60-unit multi-family property in Loves Park, IL. The transaction closed in March, 2015.

ASC worked exclusively on behalf of their client to secure a 10-year, non-recourse, fully assumable loan with a correspondent agency lender in Loves Park a city in Winnebago County located in northern Illinois 80 miles Northwest of Chicago.

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American Street Capital Arranges $360,000 Million Acquisition Financing for Multi-family in Chicago, IL

$1,520,000Chicago, IL, April 27, 2014

American Street Capital, a provider of real estate mortgage services for affordable and conventional multifamily housing, announced today it has launched a new multifamily bridge loan program. The new bridge loan program provides access to financing for multifamily acquisitions and recapitalizations that do not operate at stabilized levels to support permanent term financing.

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