other material
confidence high
sentiment neutral
materiality 0.50
Ares Real Estate Income Trust Renews Advisory Agreement and Issues $6.0M in Shares
Ares Real Estate Income Trust Inc.
- Renewed advisory agreement with Ares Commercial Real Estate Management LLC through April 30, 2026 on substantially same terms as 2024 agreement.
- Issued 787,621 Class I-PR shares on May 1, 2025, raising $6,036,881 in gross proceeds via Regulation D exempt offering.
- Amended advisory agreement clarified descriptions of services and fees/expenses to be paid or reimbursed to the Advisor.