Ares Real Estate Income Trust Files Routine 8-K for FY23 End

TL;DR

**ARES filed a routine 8-K for year-end, nothing major to see here.**

AI Summary

Ares Real Estate Income Trust Inc. filed an 8-K on January 16, 2024, reporting an 'Other Event' and 'Financial Statements and Exhibits' as of December 31, 2023. This filing is a routine update, indicating no major new developments but rather a formal disclosure of information related to the end of their fiscal year. For investors, this means the company is adhering to its reporting obligations, which is a positive sign of transparency, but it doesn't signal any immediate changes to the stock's value or the company's operational outlook.

Why It Matters

This filing is a standard compliance update, confirming Ares Real Estate Income Trust Inc. is meeting its regulatory obligations. It provides no new material information that would immediately impact investment decisions.

Risk Assessment

Risk Level: low — This 8-K is a standard, non-event filing for compliance, indicating no new risks or significant changes.

Analyst Insight

A smart investor would note this as a routine compliance filing and not expect any immediate market reaction. Further analysis would involve waiting for the actual financial statements and exhibits to be released for detailed insights into the company's performance.

Key Numbers

• December 31, 2023 — Date of earliest event reported (This is the date to which the 'Other Events' and 'Financial Statements and Exhibits' relate.)
• 000-52596 — Commission File No. (The SEC file number for Ares Real Estate Income Trust Inc.)
• 30-0309068 — I.R.S. Employer Identification No. (The IRS EIN for Ares Real Estate Income Trust Inc.)

Key Players & Entities

• Ares Real Estate Income Trust Inc. (company) — the registrant filing the 8-K
• Maryland (other) — state of incorporation for Ares Real Estate Income Trust Inc.
• Denver, CO (other) — business address for Ares Real Estate Income Trust Inc.

FAQ

Key Financial Figures

• $66.7 million — er 31, 2023, we estimated approximately $66.7 million of ongoing distribution fees were poten
• $124.4 million — we increased our capital commitments by $124.4 million related to our investments in unconsoli
• $144.1 m — raised gross proceeds of approximately $144.1 million, including proceeds from our dist
• $11.2 million — nd the sale of DST Interests (including $11.2 million of DST Interests financed by DST Progra
• $45.2 million — and January 1, 2024, respectively, was $45.2 million. The following table sets forth the t

Filing Documents

• are-20231231x8k.htm (8-K) — 234KB
• are-20231231xex99d1.htm (EX-99.1) — 8KB
• 0001327978-24-000005.txt ( ) — 469KB
• are-20231231.xsd (EX-101.SCH) — 5KB
• are-20231231_def.xml (EX-101.DEF) — 3KB
• are-20231231_lab.xml (EX-101.LAB) — 6KB
• are-20231231_pre.xml (EX-101.PRE) — 10KB
• are-20231231x8k_htm.xml (XML) — 4KB

01 Other Events

Item 8.01 Other Events. Ares Real Estate Income Trust Inc. (referred to herein as the "Company," "we," "our," or "us") is filing this Current Report on Form 8-K in order to disclose the most recent transaction price and net asset value ("NAV") per share, as determined in accordance with the Company's valuation procedures, for each of our classes of common stock and to provide an update on our assets. Most Recent Transaction Price and Net Asset Value Per Share February 1, 2024 Transaction Price The transaction price for each share class of our common stock for subscriptions accepted (and distribution reinvestment plan issuances) as of February 1, 2024 (and redemptions as of January 31, 2024) is as follows: Share Class Transaction Price (per share) Class T $ 8.0218 Class S 8.0218 Class D 8.0218 Class I 8.0218 Class E 8.0218 The transaction price for each of our share classes is equal to such class's NAV per share as of December 31, 2023. A calculation of the NAV per share is set forth below. The purchase price of our common stock for each share class equals the transaction price of such class, plus applicable upfront selling commissions and dealer manager fees. December 31, 2023 NAV Per Share Our board of directors, including a majority of our independent directors, has adopted valuation procedures, as amended from time to time, that contain a comprehensive set of methodologies to be used in connection with the calculation of our NAV. Our most recent NAV per share for each share class, which is updated as of the last calendar day of each month, is posted on our website at areswmsresources.com/investment-solutions/AREIT and is also available on our toll-free, automated telephone line at (888) 310-9352. With the approval of our board of directors, including a majority of our independent directors, we have engaged Altus Group U.S. Inc., a third-party valuation firm, to serve as our independent valuation advisor ("Altus Group" or the "Indepe

Forward-Looking Statements

Forward-Looking Statements This Current Report on Form 8-K includes certain statements that are intended to be deemed "forward-looking statements" within the meaning of, and to be covered by the safe harbor provisions contained in, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements are generally identifiable by the use of the words "may," "will," "should," "expect," "anticipate," "estimate," "believe," "intend," "project," "continue," or other similar words or terms and include, without limitation, statements regarding the estimates and assumptions used in the calculation of our NAV per Fund Interest. These statements are based on certain assumptions and analyses made in light of our experience and our perception of historical trends, current conditions, expected future developments and other factors we believe are appropriate. Such statements are subject to a number of assumptions, risks and uncertainties that may cause our actual results, performance or achievements to be materially different from future results, performance or achievements expressed or implied by these forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements. Among the factors that may cause results to vary are the negative impact of increased inflation, rising interest rates, the conflict between Russia and Ukraine, and/or the ongoing conflict in the Middle East on our financial condition and results of operations being more significant than expected, general economic and business (particularly real estate and capital market) conditions being less favorable than expected, the business opportunities that may be presented to and pursued by us, changes in laws or regulations (including changes to laws governing the taxation of real estate investment trusts ("REITs")), risk of acquisitions, availability and creditworthiness of prospective

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 99.1* Consent of Altus Group U.S. Inc. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). * Filed herewith.

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Ares Real Estate Income Trust Inc. January 16, 2024 By: /s/ TAYLOR M. PAUL Taylor M. Paul Managing Director, Chief Financial Officer and Treasurer

View Full Filing

View this 8-K filing on SEC EDGAR