---
schema_version: "secwatch.filing_event.v1"
accession: "0001327978-24-000082"
form_type: "8-K"
ticker: "ZARE"
cik: "0001327978"
company_name: "Ares Real Estate Income Trust Inc."
filed_at: "2024-06-14T23:59:59+00:00"
generated_at: "2026-06-01T04:16:04.382382+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001327978-24-000082
- form_type: 8-K
- ticker: ZARE
- cik: 0001327978
- company_name: Ares Real Estate Income Trust Inc.
- filed_at: 2024-06-14T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1327978/000132797824000082/0001327978-24-000082-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1327978/000132797824000082/are-20240531x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001327978-24-000082
- JSON: https://secwatch.observer/filing/0001327978-24-000082.json
- Plain text: https://secwatch.observer/filing/0001327978-24-000082.txt

## Key facts
- Executive change
  Lainie Minnick resigned as Head of Debt Capital Markets at Ares Real Estate Income Trust Inc..
  - Action: resigned
  - Role: Head of Debt Capital Markets
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1327978/000132797824000082/0001327978-24-000082-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.