ASC Lines Up Acquisition Loan for Burbank Multifamily,Greater Chicagoland

American Street Capital (ASC) secured a $10.24 million acquisition loan for a multifamily community located in Burbank, IL. The loan was originated by ASC president Igor Zhizhin. Built in 1983, the multifamily community consists of 27 simplex style buildings containing 173 units on 6.31 acres. The unit mix includes 87 one-bedroom and 86 two-bedroom units, with an average size of 952 square feet.

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