These acquisitions have made Kayne Anderson Real Estate one of the largest owners of seniors housing in the United States. Through our strategic partnerships with top-tier operators, such as Discovery Senior Living and the Freshwater Group, KA Real Estate’s objective is to bring operational efficiencies and improvements to the seniors housing communities we acquire.
By consolidating assets in an otherwise fragmented sector, the firm expects to increase the value of its portfolios. Since 2017, we've aggregated and realized 38 properties, representing approximately $2.0 billion in total gross sales.
The cornerstone of our investment strategy is our ability to apply our deep professional real estate experience and extensive network to bring value to fragmented sectors experiencing growth.
Demographic trends will transform seniors housing from an alternative asset class to a mainstream asset class during the next 15 years.
The 65 and over population in the United States is projected to grow from approximately 40 million in 2010 to 71 million by 2030, a 78% increase.
Highly-fragmented sector provides abundant opportunity for consolidation, where the ten largest owners represent only 5% of the seniors housing space in the U.S. by unit count.