Ares Real Estate Group is broadening its capabilities and product offerings with the planned purchase of a firm that specializes in industrial, multifamily, office and retail properties across the U.S.
Ares Management entered into an agreement late last week to acquire 100% of Black Creek Group’s $11.6 billion U.S. real estate investment advisory and distribution business. The Denver-based firm has an experienced 100-strong investment team is focused on core and core-plus strategies, with two non-traded REITs and various institutional fund vehicles.
Ares said it believes that $2 . . .
Unlock this article instantly, along with the rest of our premium content, newsletters and data tables tracking investor and manager activity. Annual subscriptions get you the most bang for your buck, including access to Alternatives Watch Research articles and out Annual Investor Compendium.
Monthly subscriptions and discounted corporate plans for up to 100 members also available.