Globe St. – The Race to Refinance
Miami– From offices to hotels to multifamily, the race to refinance is on. After all, any number of X factors could cause the market to cool.
Indeed, industry watchers report several reasons developers and owners are working fast to lock in favorable loan rates. There's the relaxed set of underwriting standards, the mass capital chasing deals, and, of course, the historical low interest rates.
For the complete story, click to view the PDF.