Chicago, IL – July 17, 2023 – American Street Capital (“ASC”) announced today that it has arranged a $1,600,000 cash-out refinance loan for a multifamily property located in Los Angeles, CA.
Other Multifamily News
Greystone Closes the Only Healthcare Construction Loan Approved by HUD in the Past Year;
Ariel Aufgang, AIA, Principal of Suffern-based Aufgang Architects (left) is presented with the NYS Empire Award by New York State Senator Bill Weber. The NYS Empire Award is given to companies and organizations that demonstrate unique vision, innovation and contribute to the prosperity and betterment of their communities.
Total Financing Structure Includes $135 Million Senior Loan and $37 Million Mezzanine Loan
Premier multifamily management firm also jumps from Division III to Division I in J Turner Research’s 2023 ORA® Power Ranking
BH Properties (“BH”) has launched a new investment initiative into affordable housing with a goal of ultimately building a $1 billion portfolio of assets. The new initiative will be led by veteran affordable housing executive William “Bill” Stoll who joins the firm as Managing Director, announced company President Jim Brooks.
Mesa West Capital has provided Atlanta-based real estate investment firm Audubon with a $71.5 million first mortgage, floating-rate loan secured by The Cooper, a 344-unit multifamily community in Mount Pleasant, South Carolina, a prominent suburb of Charleston.
Mesa West Capital has provided Atlanta-based real estate investment firm Audubon with a $71.5 million first mortgage, floating-rate loan secured by The Cooper, a 344-unit multifamily community in Mount Pleasant, South Carolina, a prominent suburb of Charleston.