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Kindercare Learning Center,...

Updated Jun 5, 2025

Goldman Sachs & JPMorgan Chase Provide $641.8M Loan For KinderCare Learning Centers Porfolio In Palatine, IL
FINANCEDOther

Goldman Sachs & JPMorgan Chase Provide $641.8M Loan For KinderCare Learning Centers Porfolio In Palatine, IL

Kindercare Learning Center, Roselle, IL, USA

$641,800,000

$12,484/SF

Building Size

51,408 SF

Asset Type

Other

Closing

Jul 21, 2020

About this deal

AI

The KinderCare Learning Centers Portfolio, located in Palatine, IL, has been involved in a recent transaction. The property, categorized as a school, was the subject of a loan. The loan amount for this transaction was $641,800,000, with the terms being a two-year, floating-rate, and interest-only mortgage loan. The loan also includes three one-year extension options. The lenders for this transaction were Goldman Sachs and JPMorgan Chase, while the landlord involved was NRT.

Summary of transaction details

  • Property Type: School
  • Transaction Amount: $641,800,000
  • Address: KinderCare Learning Centers Porfolio
  • Market: Palatine, IL

This transaction involved key individuals and companies. Ryan Gorman is the person associated with the image related to this transaction. Please note that additional information regarding other individuals or companies involved is not available in the provided context.

Players

Goldman Sachs
Goldman SachsLender

Roselle Other Market Snapshot

Boundary boundary · Other · Loan transactions

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Deal FAQ

About $12.5K per square foot on a published $641.8M for 51,408 square feet (2020).

Browse Illinois other loans on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.02%

Cash-on-Cash

-0.01%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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