KeyBank Provides $192.5M Financing for Kayne Anderson Portfolio in Texas

TEXAS — KeyBank Real Estate Capital provided a total of $192.5 million in Freddie Mac loans to Kayne Anderson Real Estate Advisors for a six-property seniors housing portfolio located throughout Texas.

The communities were built between 2006 and 2008, and total 1,238 units.

Charlie Shoop and Caleb Marten of Key’s Commercial Mortgage Group structured the financing. The fixed-rate loans include 10 years of interest-only payments, and refinanced the bridge loans KeyBank provided for the acquisition of the communities.

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