Ares Real Estate Income Trust issues ~2.59M shares for $21.1M; board member resigns, new director appointed

Ares Real Estate Income Trust Inc.

Issued 1,020,998 Class S-PR shares ($8.39M) and 1,569,934 Class I-PR shares ($12.75M) in Reg D offering on April 1, 2026.
Director Brian P. Mathis resigned effective April 7, 2026, not due to any disagreement with the company.
Board appointed Bryan B. Sanchez as independent director effective April 7, 2026; Sanchez has background at BCG and Lionstone.
Sanchez was also appointed to the conflicts resolution committee and nominating and corporate governance committee.

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