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Kayne Anderson teams up with Tradition Senior Living for Texas portfolio

Private equity arm expands senior housing portfolio with venture for five properties
The Tradition Senior Living property along Lovers Lane in Dallas is one of the five properties in a portfolio deal that has landed new financing. (CoStar)
The Tradition Senior Living property along Lovers Lane in Dallas is one of the five properties in a portfolio deal that has landed new financing. (CoStar)

Tradition Senior Living, with five upscale properties in Texas, including two in Dallas, two in Houston and one in Fort Worth, has formed a joint venture to access new capital.

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