other
confidence high
sentiment neutral
materiality 0.25
Ares Real Estate Income Trust issues 1.34M shares in private placements, raises $10.1M gross
Ares Real Estate Income Trust Inc.
- Issued 603,665 Class S-PR shares for $4,587,422 gross proceeds from Oct 1, 2024 to Jan 2, 2025.
- Issued 739,010 Class I-PR shares for $5,537,654 gross proceeds during the same period.
- Includes shares issued under distribution reinvestment plan; S-PR fees totaled $50,896 in commissions and fees.
- All shares sold in transactions exempt from registration under Regulation D.