Oxford Properties Group’s redevelopment of the St. John’s Terminal has secured a $973 million construction loan. Wells Fargo will lead the loan, with other banks coming on board as syndicate participants, according to Commercial Observer, which cited sources familiar with the matter. The high-profile nature of the deal meant several major banks were reportedly vying for the spot, with one lender telling CO, “If you can compete on this deal, you’ll compete.” CBRE’s James Millon,
source https://therealdeal.com/2020/02/27/st-johns-terminal-redevelopment-secures-973m-construction-loan/
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