Investors acquire assisted-living complex in Fort Collins

FORT COLLINS — Private-equity investment group Kayne Anderson Real Estate has acquired MorningStar Assisted Living and Memory Care of Fort Collins located in the southeast part of the city.

Kayne Anderson bought the senior-living complex from Denver-based Confluent Senior Living, a subsidiary of Denver-based real estate investment and development firm, Confluent Development.

The investment group paid $37 million for the property, according to Larimer County public records.

Confluent Senior Living co-developed the community in 2015 with its operating partner MorningStar Senior Living. MorningStar will continue to manage the community at 3509 Lochwood Drive, near Warren…