Ares US Real Estate Opportunity Fund III
Established Investment Approach
Dynamic
Markets With
Diversified
Economies
Major Real
Estate Classes
Creative
Execution
Value Creation
Rigorous
Portfolio
Construction and
Disciplined
Leverage
Focus On Exit
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Focus on high-growth submarkets in the largest and most dynamic markets demonstrating strong job
creation and demographic momentum
Selective opportunities in secondary markets experiencing strong job creation and job growth
Emphasis on major property types of residential, industrial, office, hotel, and retail, with selective exposure
to specialized asset classes
Source and structure transactions with an Ares edge through proprietary relationships, research, and specific
asset and submarket experience
Target investments with hands-on value creation potential to renovate, reposition, and selectively develop
and redevelop underutilized assets
Pursue a well-diversified portfolio of investments requiring $50-150 million of equity
Employ relatively modest leverage and limit fund-level exposure by using non-recourse debt and avoiding
cross-collateralization across investments
Identify multiple exit strategies up front and seek liquidity upon successful business plan completion rather
than market timing
There is no guarantee or assurance investment objectives will be achieved.
Confidential - Not for Publication or Distribution
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