John A. Blumberg

Ares Real Estate Income Trust, Inc. is a real estate investment trust, which engages in the investment and operation of real property. It operates through the following segments: Office, Retail, Residential, Industrial, and Other. The Office segment covers boutique office buildings catering to employees in supply-constrained central business districts and suburban cores. The Retail segment focuses on well-located necessity-based shopping centers. The Residential segment includes same store property NOI increased by approximately $1.3 million for the year ended December 31, 2023 compared to the same period in 2022, primarily due to increased rental rates, reduced vacancy and loss to lease, partially offset by increased operating expenses at certain of residential properties. The Industrial segment consists of distribution centers in key logistics and high-gross domestic product (GDP)-growth markets, capitalizing on seismic growth in e-commerce. The company was founded on April 11, 2005 and is headquartered in Denver, CO.

Industrial Property Advisors LLC provides real estate advisory services. The company is headquartered in Denver, CO.

Dividend Capital Group LLC provides real estate investment services. The firm focuses on developing and managing real estate products. It offers various real estate investment options, including real estate investment trusts and real estate exchange solutions for individual and institutional investors. The company was founded in 2002 and is headquartered in Denver, CO.

Income Property Trust of the Americas, Inc. provides real estate investment services. It focuses on income producing assets in the America and with a substantial concentration in retail properties located in Mexico. The company was founded on November 18, 2008. It is headquartered in Denver, CO.

Mexico Retail Properties invests, develops and operates real estate, commercial and mixed-use project. Its asset portfolio consists of commercial centers which they develop, construct, and operate. The company was founded in 2003 and is headquartered in Mexico City, Mexico.

Industrial Income Advisors LLC provides advisory services. The private company is based in Wilmington, DE. Dwight L. Merriman has been the CEO of the company since 2009.

Logistics Property Advisors LLC provides property consulting services. The private company is based in Denver, CO.