The Real Deal – Interest rates rising? Better refinance now, developers say

Amid uncertainty about the Federal Reserve’s timetable for raising interest rates, the first three months of 2015 has seen a flurry of refinancing deals involving some signature projects in Miami-Dade County.

In January, Agave Holdings closed a deal with Citibank to refinance a $40 million loan the commercial real estate firm took out in 2005 for its office building at 396 Alhambra Circle in Coral Gables.

For the complete story, click to view the PDF.