JLL Capital Markets has secured the $395 million refinancing of 70 Pine St., a 66-story, mixed-use property with luxury multi-housing rental, retail and hotel space located in a landmarked building in the Financial District of New York City.
JLL worked on behalf of the borrowers, DTH Capital and Rose Associates, to secure financing through Goldman Sachs.
The landmark property was built in 1932 originally for office use, and at the time was the third tallest building in the world. Renovated in 2016, the property is now a state-of-the-art adaptive reuse building with 612 luxury rental residences featuring hardwood floors, high-end kitchens with stone countertops and stainless-steel appliances, and in-unit washers and dryers. In addition, residential amenities at 70 Pine inclu