secwatch.observer — SEC 8-K summary
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Issuer:     Ares Real Estate Income Trust Inc. (ZARE)
CIK:        0001327978
Form:       8-K
Filed at:   2024-05-16T23:59:59+00:00
Accession:  0001327978-24-000063
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ares Real Estate Income Trust NAV per share falls to $7.6794 as of April 30, 2024
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- NAV per share across all classes: $7.6794, down from $7.6998 at March 31, 2024.
- Portfolio: 99 properties, 20.1M sq ft, 95.2% leased; leverage ratio 36.1%.
- Quarter-to-date gross proceeds raised ~$52.0M; redemptions in April totaled $20.7M.
- Issued 11.3M OP Units in exchange for DST Interests net investment $88.8M in April.
- Weighted-average exit cap rate 5.9% and discount rate 7.3% used in real property valuations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1327978/000132797824000063/0001327978-24-000063-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1327978/000132797824000063/are-20240430x8k.htm
  HTML page:      https://secwatch.observer/filing/0001327978-24-000063

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