Sentio Healthcare Properties: Sentio REIT and Kayne Anderson Real Estate Advisors Complete Merger

Sentio Healthcare Properties Inc., a publicly registered non-traded real estate investment trust, completed the merger with an affiliate of Kayne Anderson Real Estate Advisors. Kayne Anderson Real Estate Advisors, the real estate private equity arm of Kayne Anderson Capital Advisors L.P., acquired all of the outstanding shares of Sentio in an all-cash transaction valued at $825 million. Sentio shares were originally sold for $10.00 each, and shareholders are set to receive $14.65 per share