JLL has successfully secured a $395 million refinancing deal for 70 Pine Street, a mixed-use property located in the bustling Financial District. Originally built in 1932, this iconic 66-story building now boasts luxury rental residences, retail spaces, and a boutique hotel.
Under the ownership of DTH Capital and Rose Associates, extensive renovations were completed on the property in 2016. The result is an impressive array of amenities including a state-of-the-art fitness center, golf simulators, bowling alleys and even a screening room within its 612 luxurious rental units.
The Mint House hotel component offers an additional option with its collection of fully equipped apartments designed for longer stays. Each unit features custom-designed furniture and fully-equipped kitchens to provide guests with all the comforts of home. In addition to these offerings are two restaurants as well as various retail options available at this prime location.
Leading JLL’s Capital Markets Debt Advisory Team were Christopher Peck along with Geoff Goldstein and Christopher Pratt who worked diligently to secure this financing deal for their clients.
