other
confidence high
sentiment neutral
materiality 0.20
Ares Real Estate Income Trust raises ~$13.3M via unregistered private placement of shares
Ares Real Estate Income Trust Inc.
- Total gross proceeds $13,329,485 from 1,686,796 shares issued under Regulation D.
- Class S-PR: 563,811 shares at $4,490,465 gross proceeds; includes $52,708 in selling commissions.
- Class I-PR: 1,122,985 shares at $8,839,020 gross proceeds.
- Issuance includes shares from distribution reinvestment plan (DRIP).