Ares US Real Estate Opportunity Fund III slide image

Ares US Real Estate Opportunity Fund III

Durable Investment Themes Combined with Asset Selectivity High-Growth Submarkets with Strong Job Creation Employ local experience to target emerging neighborhoods www.m 10 JENA STATE STREET One Channel Center Hudson Yards Technology Disruptions of Space Utilization Aim to capitalize on trends in e-commerce distribution and changing office needs Secular Undersupply of Rental Housing Supply high-quality rental product given barriers to homeownership District at Scottsdale 1118 Second Avenue Residences Structure to Secure Favorable Basis Structure preferred equity investments and public-private partnerships in an effort to limit Ares' last-dollar exposure Tropical Logistics Park Portland Industrial 1425 New York Avenue RW50 Represents transactions previously completed by Ares Real Estate Group. Shown for illustrative purposes only. There is no guarantee or assurance investment objectives will be achieved. Confidential - Not for Publication or Distribution 20 ARES
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