Cleary Gottlieb represented Goldman Sachs in the origination of a $641.8 million mortgage loan to affiliates of National Realty Trust Inc. secured by a portfolio of 549 childhood education centers net leased to KinderCare across 37 states.
The transaction closed on July 21, 2021, and was securitized in a single asset single borrower (SASB) CMBS transaction shortly thereafter.