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Kayne Anderson Real Estate to buy Sentio Healthcare for $825 mln
May 4, 2017 / 11:34 AM / 5 months ago

Kayne Anderson Real Estate to buy Sentio Healthcare for $825 mln

May 4 (Reuters) - Kayne Anderson Capital Advisors LP’s real estate private equity arm said on Thursday it would buy healthcare real estate investment trust Sentio Healthcare Properties Inc for $825 million.

Sentio Healthcare Properties, backed by U.S. buyout firm KKR & Co LLP, owns a portfolio of 34 properties, including senior housing communities and medical office buildings, in 16 U.S. states. (Reporting by Ankit Ajmera in Bengaluru; Editing by Saumyadeb Chakrabarty)

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