other material
confidence high
sentiment neutral
materiality 0.50
Ares Real Estate Income Trust issues 2.25M shares for $18M in unregistered offerings
Ares Real Estate Income Trust Inc.
- Issued 681,448 Class S-PR shares for $5,495,957 gross proceeds.
- Issued 1,570,046 Class I-PR shares for $12,551,891 gross proceeds.
- Shares sold under Regulation D exemption; includes DRIP issuances.
- Class S-PR proceeds include $48,052 in upfront selling commissions and dealer manager fees.