DTH Capital and Rose Associates secured a $395 million loan to refinance 70 Pine Street, a 66-story, mixed-use property in the Financial District. Goldman Sach provided the financing on the luxury rental, retail and hotel building and JLL Capital Markets arranged the loan on behalf of the borrowers.

The build drew significant interest from capital sources, according to Rose Associates chief investment officer Marc Ehrlich. "This property has outperformed as an asset since leasing began in 2016, and it is a shining example of a successful office to residential conversion."

The 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 an adaptive reuse with 612 luxury rental residences. The 165-key Mint House hotel occupies floors two through six and offers studio-, one- and two-bedroom apartments with an eye on attracting visitors who want longer-term stays.  There are also two Michelin-starred restaurants:  SAGA and Crown Shy, as well as Overstory, a cocktail bar, Retail offerings include a market, beauty salon, coffee shop, and a quick-service restaurant.