Mergers & Acquisitions ·
Ares Real Estate Income Trust Inc. reported its net asset value (NAV) per share as of June 30, 2026, which was…
ZAREAres Real Estate Income Trust Inc.
Ares Real Estate Income Trust Inc. reported its net asset value (NAV) per share as of June 30, 2026, which was $8.2229, an increase from $8.1908 on May 31, 2026. The company's Aggregate Fund NAV rose to $3.888 billion from $3.455 billion. On July 14, 2026, the company and a sponsor-affiliated private fund acquired Whitestone REIT (NYSE: WSR), with the company acquiring 28% of the portfolio (nine properties in Arizona and Texas) for approximately $473 million. For the quarter ended June 30, 2026, the company raised $646 million in gross proceeds and redeemed $43 million in shares and OP Units. As of June 30, 2026, the portfolio included 152 properties with a 94% occupancy rate and a leverage ratio of 28%. The company operates as a real estate investment trust that invests in residential, industrial, retail, and office properties.