September 14, 2017 Comments Off on Capital One Delivers $551M for Kayne Anderson’s Sentio Healthcare Deal Views: 1100 National News, Top National

Capital One Delivers $551M for Kayne Anderson’s Sentio Healthcare Deal

Register for Connect Healthcare on November 8th at the Andaz Scottsdale Resort & Spa

Bethesda, MD-based Capital One 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), enabling it to purchase Sentio Healthcare Properties, a public, nontraded REIT.

Affiliates of KAREA acquired Sentio for $825 million. Sentio owns a portfolio of 34 properties, including senior housing communities and medical office buildings in 16 states across the U.S.

Capital One Healthcare’s Kristen Ahrens says, ““We were able to deliver a one-stop-shop financing solution for a very complicated acquisition on a transaction that moves the needle for Kayne as an investor in the seniors housing space.”

KAREA is part of Kayne Anderson Capital Advisors, a private equity, real estate investment firm with $30 billion in assets under management particularly focused on seniors housing, medical office, student housing and self-storage.

Connect With Capital One’s Aherns

Get CRE News in 150 words

For comments, questions or concerns, please contact Dennis Kaiser

Share on FacebookTweet about this on TwitterShare on LinkedInEmail this to someone

Tags: ,

Comments are closed.