Investor Presentaiton
Endnotes
Ares Real Estate Group Slide:
PERE 100: Ares ranked 16th out of 100. Ranking applies to the Ares Real Estate Group related to selected funds managed therein. The PERE 100
measures equity raised between January 1, 2015 and March 31, 2020 for direct real estate investment through closed-ended, commingled real
estate funds and co-investment vehicles that invest alongside these funds. The vehicles must give the general partner discretion over capital and
investment decisions and excludes club funds, separate accounts and joint ventures where the general partner does not have discretion over
capital and investments. Also excluded are funds with strategies other than real estate value-added and opportunistic (such as core and core-plus),
funds not directly investing in real estate (such as fund of funds and debt funds) and funds where the primary strategy is not real estate-focused
(such as general private equity funds). Ares did not pay a participation or licensing fee in order to be considered for the PERE 100 ranking.
Fitch Ratings assigned a commercial real estate loan level special servicer rating of 'CLLSS2-' to Ares Commercial Real Estate Servicer LLC ("ACRES")
as of July 13, 2020. To be considered for a Fitch rating, Ares paid Fitch a standard, contracted fee for initial and ongoing evaluation. The rating
assigned by Fitch Ratings was solicited and assigned or maintained at the request of the rated entity/issuer or a related third party. Fitch Ratings
assigns ratings to commercial mortgage special servicers on a scale ranging from Level 1 through Level 5, each of which are described below:
.
Level 1 Servicer Rating: Servicers demonstrating the highest standards in overall servicing ability.
.
Level 2 Servicer Rating: Servicers demonstrating high performance in overall servicing ability.
•
Level 3 Servicer Rating: Servicers demonstrating proficiency in overall servicing ability.
•
Level 4 Servicer Rating: Servicers lacking proficiency due to a weakness in one or more areas of servicing ability.
•
Level 5 Servicer Rating: Servicers demonstrating limited or no proficiency in servicing ability
Investment Process Overview Slide:
Fitch Ratings assigned a commercial real estate loan level special servicer rating of 'CLLSS2-' to Ares Commercial Real Estate Servicer LLC ("ACRES")
as of July 13, 2020. To be considered for a Fitch rating, Ares paid Fitch a standard, contracted fee for initial and ongoing evaluation. The rating
assigned by Fitch Ratings was solicited and assigned or maintained at the request of the rated entity/issuer or a related third party. Fitch Ratings
assigns ratings to commercial mortgage special servicers on a scale ranging from Level 1 through Level 5, each of which are described below:
Level 1 Servicer Rating: Servicers demonstrating the highest standards in overall servicing ability.
•
•
Level 2 Servicer Rating: Servicers demonstrating high performance in overall servicing ability.
•
Level 3 Servicer Rating: Servicers demonstrating proficiency in overall servicing ability.
.
Level 4 Servicer Rating: Servicers lacking proficiency due to a weakness in one or more areas of servicing ability.
•
Level 5 Servicer Rating: Servicers demonstrating limited or no proficiency in servicing ability
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ARES
COMMERCIAL REAL ESTATE CORPORATIONView entire presentation