Ares US Real Estate Opportunity Fund III, L.P Market and Portfolio Update
ARES
Las Vegas Industrial
Case Study
As of December 31, 2020 unless otherwise noted. The case study presented herein represents the largest investment of AREOF III located in the West region of the United States
and is not representative of all investments made by this fund, some of which had differing performance results. The Manager believes that the case study showcases an asset
classes, market, and theme, which the opportunistic strategy will seek to invest in; however, it should not be assumed that investments made in the future will be profitable or
will equal the performance of the investment discussed herein.
This selected case study is shown for illustrative purposes only and is not necessarily representative of all transactions of a given type and are intended to be illustrative of
some of the types of opportunistic investments that Ares would make. Past Performance is not indicative of future results. There can be no assurance that Ares will be able to
obtain comparable returns or achieve its investment objectives. Projections and forward looking statements are not reliable indicators of future events and no guarantee or
assurance is given that such activities will occur as expected or at all. Actual events or conditions are unlikely to be consistent with, and may differ materially from, those
assumed.View entire presentation