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ST. LOUIS—The student housing portfolio of Kayne Anderson Real Estate Advisors just grew by another 665 beds, with the firm’s acquisition of a four-property 406-unit portfolio here. The Armonk, NY-based private equity real estate arm of Kayne Anderson Capital Advisors did not disclose the purchase price or seller’s identity. However, the St. Louis Post-Dispatch reported the sellers as local developers Amy and Amrit Gill, who shed the assets for $68.5 million.

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