---
schema_version: "secwatch.filing_event.v1"
accession: "0001327978-24-000125"
form_type: "8-K"
ticker: "ZARE"
cik: "0001327978"
company_name: "Ares Real Estate Income Trust Inc."
filed_at: "2024-10-07T23:59:59+00:00"
generated_at: "2026-05-30T19:05:16.294738+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Ares Real Estate Income Trust secures $475M secured loan facility with JPMorgan, Morgan Stanley, Natixis

## Summary
- Loan of $475M from JPMorgan Chase, Morgan Stanley Bank, and Natixis Real Estate Capital, non-recourse with standard carve-outs.
- Floating rate of Term SOFR + 2.22494%; interest-only monthly; matures Oct 9, 2026 with three one-year extension options.
- Interest rate cap agreement with 4.418% strike, notional at least equal to loan balance, pledged as collateral.
- Cross-collateralized by 24 industrial/logistics properties; prepayment allowed with premium except 25% without premium.
- Recourse carve-out guaranty by AREIT Operating Partnership LP, limited to 20% of principal plus costs; net worth requirements.

## SEC filing metadata
- accession: 0001327978-24-000125
- form_type: 8-K
- ticker: ZARE
- cik: 0001327978
- company_name: Ares Real Estate Income Trust Inc.
- filed_at: 2024-10-07T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1327978/000132797824000125/0001327978-24-000125-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1327978/000132797824000125/are-20241001x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001327978-24-000125
- JSON: https://secwatch.observer/filing/0001327978-24-000125.json
- Plain text: https://secwatch.observer/filing/0001327978-24-000125.txt

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