Ares Real Estate Income Trust Files 8-K on Equity Sales
Ticker: ZARE · Form: 8-K · Filed: Jan 8, 2025 · CIK: 1327978
| Field | Detail |
|---|---|
| Company | Ares Real Estate Income Trust Inc. (ZARE) |
| Form Type | 8-K |
| Filed Date | Jan 8, 2025 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $50,896 |
| Sentiment | neutral |
Sentiment: neutral
Topics: equity-sale, real-estate, filing
TL;DR
Ares REIT sold unregistered equity on Jan 2nd. Filing out Jan 8th.
AI Summary
On January 2, 2025, Ares Real Estate Income Trust Inc. filed an 8-K report detailing unregistered sales of equity securities. The filing indicates a transaction occurred on January 2, 2025, with the report submitted on January 8, 2025. The company, formerly known as Black Creek Diversified Property Fund Inc., is a real estate investment trust incorporated in Maryland.
Why It Matters
This filing provides insight into recent equity transactions by Ares Real Estate Income Trust, which could impact its capital structure and future investment capacity.
Risk Assessment
Risk Level: low — The filing is a standard disclosure of unregistered equity sales and does not indicate any immediate financial distress or significant operational changes.
Key Players & Entities
- Ares Real Estate Income Trust Inc. (company) — Registrant
- January 2, 2025 (date) — Date of earliest event reported
- January 8, 2025 (date) — Date of report
- Black Creek Diversified Property Fund Inc. (company) — Former company name
- Maryland (jurisdiction) — State of incorporation
FAQ
What type of equity securities were sold?
The filing states 'Unregistered Sales of Equity Securities' but does not specify the exact type of securities sold.
Were these sales registered with the SEC?
No, the filing explicitly states 'Unregistered Sales of Equity Securities'.
What is the significance of the date January 2, 2025?
January 2, 2025, is the date of the earliest event reported, which in this case is the unregistered sale of equity securities.
When was this 8-K form filed?
This 8-K form was filed on January 8, 2025.
What was Ares Real Estate Income Trust Inc. previously named?
Ares Real Estate Income Trust Inc. was formerly known as Black Creek Diversified Property Fund Inc.
Filing Stats: 475 words · 2 min read · ~2 pages · Grade level 10.4 · Accepted 2025-01-08 12:11:32
Key Financial Figures
- $50,896 — d dealer manager fees, in aggregate, of $50,896. SIGNATURES Pursuant to the require
Filing Documents
- are-20250102x8k.htm (8-K) — 35KB
- 0001327978-25-000003.txt ( ) — 150KB
- are-20250102.xsd (EX-101.SCH) — 4KB
- are-20250102_def.xml (EX-101.DEF) — 3KB
- are-20250102_lab.xml (EX-101.LAB) — 16KB
- are-20250102_pre.xml (EX-101.PRE) — 10KB
- are-20250102x8k_htm.xml (XML) — 4KB
02 Unregistered Sales of Equity Securities
Item 3.02 Unregistered Sales of Equity Securities . From October 1, 2024 through January 2, 2025, Ares Real Estate Income Trust Inc. (referred to herein as the "Company," "we," "our," or "us") issued the following shares in transactions exempt from the registration provisions of the Securities Act of 1933, as amended, pursuant to Regulation D. The following table details the shares issued and gross proceeds: Number of Shares Issued Gross Proceeds Class S-PR Shares (1)(2) 603,665 $ 4,587,422 Class I-PR Shares (1) 739,010 $ 5,537,654 (1) Number of shares issued and gross proceeds include activity from shares issued pursuant to our distribution reinvestment plan. (2) Gross proceeds for Class S-PR shares include upfront selling commissions and dealer manager fees, in aggregate, of $50,896.
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 8, 2025 By: /s/ TAYLOR M. PAUL Taylor M. Paul Managing Director, Chief Financial Officer and Treasurer