{"schema_version":"secwatch.filing_event.v1","accession":"0001327978-25-000018","form_type":"8-K","ticker":"ZARE","cik":"0001327978","company_name":"Ares Real Estate Income Trust Inc.","filed_at":"2025-04-15T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.952910+00:00","generated_at":"2026-05-23T14:19:24.636471+00:00","sec_items":["5.02","8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Ares Real Estate Income Trust March NAV $7.6647 (+0.45% MoM); portfolio 94.2% leased; Head of Asset Management retiring","bullets":["NAV per share rose to $7.6647 at March 31, 2025, up 0.45% from $7.6303 in February.","Portfolio 94.2% leased across 124 properties; commercial rent growth 33.1% cash / 50.3% GAAP on trailing 12 months.","Acquired $30.4M (1 industrial, 2 self-storage), sold $27.6M industrial; Q1 gross proceeds $315.8M.","Leverage ratio 36.3%, weighted-average borrowing rate 4.85%; monthly distribution $0.03333/share for March.","Head of Asset Management Scott Recknor to retire effective June 6, 2025, will assist transition."],"urls":{"canonical":"https://secwatch.observer/filing/0001327978-25-000018","json":"https://secwatch.observer/filing/0001327978-25-000018.json","markdown":"https://secwatch.observer/filing/0001327978-25-000018.md","text":"https://secwatch.observer/filing/0001327978-25-000018.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1327978/000132797825000018/0001327978-25-000018-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1327978/000132797825000018/are-20250331x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T14:19:24.636471+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4103fe7462","claim":"Scott Recknor retired as Head of Asset Management at Ares Real Estate Income Trust Inc..","evidence_excerpt":"on April 1, 2025, Scott Recknor, the Company’s Head of Asset Management, notified the Company of his decision to retire.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1327978/000132797825000018/0001327978-25-000018-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retired"},{"label":"Role","value":"Head of Asset Management"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}