Frauenshuh Secures $49.5 Million Loan From Genworth Financial For Infor Commons Office In St. Paul

Infor Commons is a 436,478-square-foot office building located at 380 Saint Peter Street in the Saint Paul, Minnesota market. The asset was previously acquired for $68.4 million and is certified with LEED Gold, situated in the city's central business district. It has recently secured financing amounting to $49.5 million.

The financing arrangement was made by Frauenshuh in order to replace maturing debt originally provided by PNC Bank. The transaction contributes to the continuing stability of the Twin Cities office market despite existing elevated vacancy levels.