Ares Raises $850 Million for US and Europe Real Estate Debt Fund - Bloomberg.com
Ares Raises $850 Million for US and Europe Real Estate Debt Fund Bloomberg.com
Ares, a large alternative asset manager, regularly raises funds as part of its ongoing business operations.
This is a routine fundraising event for a private equity firm and does not indicate broader market shifts nor does it present new data for strategic readers.
Little changes as this is a standard capital raise for a private real estate debt fund, indicating continued demand for credit in the real estate sector.
- · Ares Management
Ares will deploy the raised capital into real estate debt opportunities in the US and Europe.
Increased capital availability for real estate developers and property owners seeking debt financing.
Potentially more competitive lending environment for other real estate debt providers.
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Read at Bloomberg — Technology (Google News)