Kayne Anderson Capital Advisors acquired Sentio Healthcare Properties from KKR for $825m.

Kayne Anderson Capital Advisors acquired Sentio Healthcare Properties, a real estate investment trust which invests exclusively in healthcare related real estate, from KKR for $825m. "This transaction brings 33 high quality assets to our senior housing and medical office portfolios. We are excited for the opportunity to create additional value through property renovations, facility expansions and other operational enhancements," said David Selznick, Chief Investment Officer of Kayne Anderson. "We believe the addition of SHP's best-in-class assets further solidifies KAREA's position as an industry leader in the healthcare real estate space and that this transaction positions us to continue to generate strong returns for our investors."