Tuesday 24 September 2019

Goldman Sachs refis Art Deco apartment conversion at 70 Pine with $386M loan

The developers who converted the landmarked American International Building in the Financial District from offices to apartments and a hotel have refinanced the Art Deco tower with a large loan from Goldman Sachs. DTH Capital and Rose Associates secured $386 million to refinance the 66-story tower that now goes by the address of 70 Pine Street, brokers who negotiated the loan told The Real Deal. The floating-rate financing comes with a term of five years […]



source https://therealdeal.com/2019/09/24/goldman-sachs-refis-art-deco-apartment-conversion-at-70-pine-with-386m-loan/

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