Ares Real Estate sells $10.4M S-PR, $10.0M I-PR
Ares Real Estate Income Trust raised additional equity privately under Regulation D through Class S-PR and Class I-PR share issuances, including distribution reinvestment activity.
Rhea-AI Filing Summary
Ares Real Estate Income Trust Inc. (ZARE) reported unregistered sales of equity securities under Regulation D on September 1, 2026. The Company issued 1,254,839 Class S-PR shares for gross proceeds of $10,444,590 and 1,206,139 Class I-PR shares for gross proceeds of $9,957,157.
The share and proceeds figures for both classes include activity from the distribution reinvestment plan, and gross proceeds for Class S-PR shares include upfront selling commissions and dealer manager fees totaling $85,397.
Positive
- None.
Negative
- None.
8-K Event Classification
Item 3.02 — Unregistered Sales of Equity Securities
1 item
Item 3.02
Unregistered Sales of Equity Securities
Securities
The company sold equity securities in a private placement or other unregistered transaction.
Key Figures
Class S-PR shares issued: 1,254,839 shares
Class S-PR gross proceeds: $10,444,590
Class I-PR shares issued: 1,206,139 shares
+2 more
5 metrics
Class S-PR shares issued
1,254,839 shares
Issued on September 1, 2026 in unregistered Regulation D transactions
Class S-PR gross proceeds
$10,444,590
Gross proceeds from Class S-PR shares, including DRIP activity
Class I-PR shares issued
1,206,139 shares
Issued on September 1, 2026 in unregistered Regulation D transactions
Class I-PR gross proceeds
$9,957,157
Gross proceeds from Class I-PR shares, including DRIP activity
Commissions and dealer manager fees on Class S-PR
$85,397
Upfront selling commissions and dealer manager fees included in Class S-PR gross proceeds
Key Terms
Regulation D, distribution reinvestment plan, upfront selling commissions, dealer manager fees, +1 more
5 terms
Regulation D regulatory
"transactions exempt from the registration provisions of the Securities Act of 1933, as amended, pursuant to Regulation D"
Regulation D is a set of rules that govern how companies can raise money from investors without going through the full process required for public stock offerings. It provides simplified options for private placements, making it easier for companies to seek investments from a smaller group of investors. For investors, it offers opportunities to invest in private companies, often with fewer restrictions, but also with different levels of risk and disclosure.
distribution reinvestment plan financial
"include activity from shares issued pursuant to our distribution reinvestment plan"
An automatic program that uses cash distributions—such as dividends or other payouts—from a stock or fund to buy additional shares of the same security instead of handing out cash to the investor. Think of it like using store credit you’d otherwise pocket to buy more items: it makes your holding grow over time without you having to manually reinvest, which can compound returns, reduce transaction costs and change the timing of taxable income.
upfront selling commissions financial
"Gross proceeds for Class S-PR shares include upfront selling commissions and dealer manager fees"
dealer manager fees financial
"include upfront selling commissions and dealer manager fees, in aggregate, of $85,397"
Unregistered Sales of Equity Securities regulatory
"Item 3.02 Unregistered Sales of Equity Securities"
FAQ
What equity transaction did Ares Real Estate Income Trust Inc. (ZARE) report on September 1, 2026?
The Company reported unregistered sales of equity securities under Regulation D, issuing Class S-PR and Class I-PR shares in private transactions that were exempt from the registration provisions of the Securities Act of 1933.
AI-generated analysis. How Rhea-AI works. Not financial advice.