Corporate ActionJul 8, 2026, 01:27 PM
Ares Real Estate Income Trust Raises $21.35M from Equity Sales
AI Summary
Ares Real Estate Income Trust Inc. issued Class S-PR, Class D-PR, and Class I-PR shares on July 1, 2026, through unregistered sales under Regulation D. The company raised a total of $21,350,490 from these equity issuances. This includes 854,316 Class S-PR shares for $7,073,956, 368,010 Class D-PR shares for $3,014,294, and 1,374,987 Class I-PR shares for $11,262,240. The gross proceeds for Class S-PR shares included $76,420 in upfront selling commissions and dealer manager fees.
Key Highlights
- Issued 854,316 Class S-PR shares for $7,073,956.
- Issued 368,010 Class D-PR shares for $3,014,294.
- Issued 1,374,987 Class I-PR shares for $11,262,240.
- Total gross proceeds from equity sales reached $21,350,490.
- Shares were issued in transactions exempt under Regulation D.
- Class S-PR gross proceeds include $76,420 in selling commissions and dealer manager fees.
Price Impact
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