HOUSE_OVERSIGHT_024537.jpg
1.77 MB
Extraction Summary
0
People
4
Organizations
1
Locations
2
Events
2
Relationships
3
Quotes
Document Information
Type:
Financial report / debt schedule (likely part of an offering memorandum or annual report)
File Size:
1.77 MB
Summary
This document is page 104 of a financial report detailing the debt structure of KLC PropCo (Knowledge Learning Corporation) as of December 31, 2005. It outlines $699.4 million in CMBS debt and $150 million in Junior Mezzanine debt, noting that Greenstreet Real Estate Partners serves as the asset manager. The text details interest rates, maturity dates, and specific loan covenants regarding the 713 childhood education centers securing the debt.
Organizations (4)
| Name | Type | Context |
|---|---|---|
| Greenstreet Real Estate Partners |
Operates real estate investment functions for KLC PropCo; formerly Greenstreet Realty Partners, L.P.
|
|
| KLC PropCo |
Entity holding the debt and properties (Knowledge Learning Corporation Property Co)
|
|
| KLC OpCo |
Leases the centers from PropCo; separated entity (Knowledge Learning Corporation Operating Co)
|
|
| Greenstreet Realty Partners, L.P. |
Previous name of Greenstreet Real Estate Partners
|
Timeline (2 events)
Locations (1)
| Location | Context |
|---|---|
Relationships (2)
Greenstreet... provides asset management and consulting services for these centers to KLC PropCo.
Each of the centers securing the mortgage loan is leased to KLC OpCo pursuant to a master lease.
Key Quotes (3)
"Greenstreet Real Estate Partners will operate all of the real estate investment functions on behalf of KLC PropCo as detailed in the management agreement."Source
HOUSE_OVERSIGHT_024537.jpg
Quote #1
"KLC PropCo is required to pay interest in cash on a monthly basis at a rate of 5.62%"Source
HOUSE_OVERSIGHT_024537.jpg
Quote #2
"The CMBS debt consists of a $649.5 million mortgage loan and a $50.0 million senior mezzanine loan secured by 713 childhood education centers."Source
HOUSE_OVERSIGHT_024537.jpg
Quote #3
Discussion 0
No comments yet
Be the first to share your thoughts on this epstein document