Ares Real Estate Income Trust NAV drops to $7.6091; Head of Debt Capital Markets resigns Oct 4

Ares Real Estate Income Trust Inc.

NAV per share fell to $7.6091 from $7.6794 in April, a ~0.9% decline.
Aggregate Fund NAV decreased to $2.206B from $2.243B as of May 31, 2024.
Portfolio: 101 properties, 95.2% leased; leverage ratio 38.2%.
Raised $90.5M gross proceeds YTD; $51.8M in redemptions for Apr/May.
Lainie Minnick, Head of Debt Capital Markets, will resign effective Oct 4, 2024.

item 5.02 item 8.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Lainie Minnick

Head of Debt Capital Markets

ZARE · Ares Real Estate Income Trust Inc.

Effective: 2024-10-04
Filed: June 14, 2024, 7:59 PM ET

As previously reported in our Current Report on Form 8-K filed with the Securities and Exchange Commission on June 5, 2024, on May 30, 2024, Ms. Lainie Minnick informed Ares Real Estate Income Trust Inc. (referred to herein as the “Company,” “we,” “our,” or “us”) that she will step down as the Company’s Head of Debt Capital Markets for personal reasons.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Lainie Minnick resigned as Head of Debt Capital Markets at Ares Real Estate Income Trust Inc..

Action: resigned
Role: Head of Debt Capital Markets

Exact text from the filing

As previously reported in our Current Report on Form 8-K filed with the Securities and Exchange Commission on June 5, 2024, on May 30, 2024, Ms. Lainie Minnick informed Ares Real Estate Income Trust Inc. (referred to herein as the “Company,” “we,” “our,” or “us”) that she will step down as the Company’s Head of Debt Capital Markets for personal reasons.

View on SEC.gov

Ares Real Estate Income Trust Inc. filing history →

Source: SEC EDGAR

accession 0001327978-24-000082

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.