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LEXINGTON, KY. — Kayne Anderson Real Estate Advisors (KAREA) has acquired 5 Twenty Four Angliana, a student housing community in Lexington. Serving the University of Kentucky, the 228-unit property features 740 beds. The property was 99 percent occupied at the time of acquisition. Terms of the transaction were not released. kevin Larimer, Cole Whitaker and Todd Stofflet of Hendricks & Partners represented the seller/developer, Lexington Development LLC, in the transaction.