Real estate private equity firm in its $300 million acquisition of an industrial portfolio totaling 3 million square feet, leased on a triple-net basis, together with the assumption of $200 million existing mortgage and mezzanine debt.
Ares Management, through an Ares Real Estate fund, on a series of joint ventures with The Scion Group to acquire two student housing portfolios from Harrison Street Asset Management, comprising 12 properties across 10 states with an approximate aggregate value of $910 million. The acquisition was financed in part by two mortgage loans totaling $620 million.
