Chicago, IL – January 9, 2020 – American Street Capital (“ASC”) announced today that it has secured a $7.06 million permanent loan for a 45-unit multifamily building in Chicago’s Logan Square.
Other Multifamily News
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New York, NY - Berkadia today announced that it secured stretched senior financing (a senior loan with a mezzanine loan component) for Emmut Properties’ new 60-unit residential development at 433 West 53rd Street in New York, NY.
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HOUSTON – JLL Capital Markets announced today that it has arranged acquisition financing for a multi-housing community located in the Houston-area suburb of Katy, Texas.
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HOUSTON – JLL Capital Markets announced today that it has arranged acquisition financing for a multi-housing community located in the Fort Worth suburb of Mansfield, Texas.
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DALLAS – JLL Capital Markets announced today that it has arranged acquisition financing for Jemison Flats, a historic, seven-story, 59-unit apartment building in downtown Birmingham, Alabama.
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DALLAS – JLL announced today that it has arranged financing for Archway Equities’ acquisition of six Class B multi-housing assets totaling 1,456 units in multiple states.
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DALLAS – JLL Capital Markets announced today that it has arranged $35.5 million in financing for The Jax, a 322-unit multi-housing property in Northwest San Antonio.
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NEW YORK – JLL Capital Markets arranged a $63.6 million loan to refinance The Umbrella Factory at 722 Metropolitan Avenue, a mixed-use condominium and retail development in the Williamsburg neighborhood of Brooklyn, New York. The group worked on behalf of Local Capital Group LLC and SL Development LLC to place the loan with an affiliate of LibreMax Capital, LLC.
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CHICAGO – JLL Capital Markets announced today that it has arranged joint venture equity and financing for Marq on Main, a newly built, fully amenitized, boutique apartment asset in the affluent Chicago suburb of Lisle, Illinois.
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