Largest-Ever Kayne Anderson Debt Fund Closes at $1.9B, Targets Senior Housing

Kayne Anderson Capital Advisors has closed its fourth flagship debt fund, with $1.875 billion in capital commitments. The fund, Kayne Anderson Real Estate Debt IV (KARED IV), is the company’s largest debt fund to date. It’s aimed at proprietary investment opportunities in a variety of real estate asset classes, including senior living. The fund will […]

Harrison Street, Watermark: Investors, Consumers Raise Bar On How Senior Living Buildings Promote Wellness

Improving air quality and tightening infection control standards for senior housing became paramount in the throes of the Covid-19 pandemic. Now, the bar has been raised on how a senior living environment can and should foster health and wellness for senior living residents and workers. Two players in the space, private equity firm Harrison Street […]

Largest-Ever Kayne Anderson Fund Closes at $2.75B, Senior Housing a Target

Kayne Anderson Capital Advisers closed the largest fund in its history with plans to target senior housing along with medical office and student housing in its overall strategy. The opportunistic equity fund closed at $2.75 billion in capital investments, surpassing the $2 billion target set by the firm and the $2.5 billion estimates previously reported […]

Kayne Anderson Buys 34-Property Medical Office, Senior Housing Portfolio From Welltower

The real estate private equity arm of Kayne Anderson Capital Advisors, Kayne Anderson Real Estate, has completed an acquisition of 34 Welltower properties, including seven senior housing properties in Florida. The portfolio consists of 27 medical office buildings located across the U.S. along with the senior housing communities. An unspecified third-party company exercised the right […]

Transactions & Financings: Welltower, Healthpeak Reportedly Sell South Florida Communities at Steep Discounts

Welltower sells Florida assisted living facility for $56M Welltower (NYSE: WELL) sold Aston Gardens Assisted Living in Parkland, Florida for $55.7 million, The Real Deal Miami reports. The buyer was Kayne Anderson Capital Advisors. the property is operated by Discovery Senior Living. The property sold for $78 million in 2015. The latest sale marks a […]

Tech Beat: CareWorx Raises $17 Million, CDW Healthcare Wins ASA Award

CareWorx Raises $17 Million in New Funding Round CareWorx, an Ottawa, Canada-based provider of senior care technology solutions, has closed a $17 million round of funding from Kayne Partners, the growth private equity group of alternative investment firm Kayne Anderson Capital Advisors. The technology firm plans to use the new investment to grow in the senior […]

Senior Housing Finance Activity: Capital One’s $551 Million Loan to KAREA

Capital One Provides Loans Totaling $551 Million to Kayne Anderson Bethesda, Maryland-based Capital One has provided two loans—a $251 million bridge loan and a $300 million Freddie Mac seniors housing revolving credit facility—to Kayne Anderson Real Estate Advisors (KAREA) for its purchase of Orlando-based Sentio Healthcare Properties, a public, non-traded real estate investment trust (REIT). […]

Senior Housing Investments & Transactions: Kayne Anderson, SLIB Sales

Kayne Anderson Buys $38 Million Palm Beach Gardens Community An affiliate of Kayne Anderson Capital Advisors, an alternative investment firm that manages more than $23 billion in assets, purchased a newly completed senior housing community in Palm Beach Gardens, Florida, for $38 million, The Real Deal reported. The community, Discovery Village at Palm Beach Gardens, […]