{"schema_version":"secwatch.filing_event.v1","accession":"0001625941-25-000011","form_type":"8-K","ticker":null,"cik":"0001625941","company_name":"ARES INDUSTRIAL REAL ESTATE INCOME TRUST Inc.","filed_at":"2025-03-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.230488+00:00","generated_at":"2026-05-24T15:42:54.344622+00:00","sec_items":["1.01","2.03","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Ares Industrial REIT amends credit facility with new $600M term loan; Feb NAV rises to $12.8484","bullets":["Added $600M Second Term Facility under Amended Credit Facility; total capacity up to $2.9B.","Revolving Credit Facility maturity extended to March 2029 with one-year extension option.","NAV per share Feb 28, 2025: $12.8484, up from $12.8086 on Jan 31, 2025.","Portfolio 94.6% occupied (95.2% leased) across 255 industrial buildings (54.7M sq ft).","Monthly distribution maintained at $0.05 per share; raised $89.4M gross proceeds quarter-to-date."],"urls":{"canonical":"https://secwatch.observer/filing/0001625941-25-000011","json":"https://secwatch.observer/filing/0001625941-25-000011.json","markdown":"https://secwatch.observer/filing/0001625941-25-000011.md","text":"https://secwatch.observer/filing/0001625941-25-000011.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1625941/000162594125000011/0001625941-25-000011-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1625941/000162594125000011/aire-20250228x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T15:42:54.344622+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":"bdc5fd5dedb807bf5f0b7f21a73ff107ff831c09","claim":"ARES INDUSTRIAL REAL ESTATE INCOME TRUST Inc. amended revolving credit of $1.0 billion with Wells Fargo Bank, National Association maturing March 11, 2029.","evidence_excerpt":"the Credit Facility Agreement reflected in the Amended Credit Facility Agreement. The Amended Credit Facility Agreement provides for a revolving credit facility of an existing $1.0 billion (the “Revolving Credit Facility”), an existing $550.0 million term loan (the “First Term Facility”) and a new $600.0 million term loan (the “Second Term Facility”), which","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1625941/000162594125000011/0001625941-25-000011-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$1.0 billion"},{"label":"Counterparty","value":"Wells Fargo Bank, National Association"},{"label":"Maturity","value":"March 11, 2029"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"f38af499ba6b831777453c1cef681eafef01e63d","claim":"ARES INDUSTRIAL REAL ESTATE INCOME TRUST Inc. incurred term loan of $600.0 million with Wells Fargo Bank, National Association at Adjusted Term SOFR, plus a margin ranging from 1.20% to 1.90% maturing March 11, 2028.","evidence_excerpt":"a new $600.0 million term loan (the \"Second Term Facility\"), which refinanced the other existing term loan of the Company.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1625941/000162594125000011/0001625941-25-000011-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"$600.0 million"},{"label":"Counterparty","value":"Wells Fargo Bank, National Association"},{"label":"Rate","value":"Adjusted Term SOFR, plus a margin ranging from 1.20% to 1.90%"},{"label":"Maturity","value":"March 11, 2028"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}