Ares Management Corporation (ARES) News
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ARES News Highlights
- ARES's 30 day story count now stands at 70.
- Over the past 19 days, the trend for ARES's stories per day has been choppy and unclear. It has oscillated between 1 and 19.
- The most mentioned tickers in articles about ARES are VIR, BEAT and CFR.
Latest ARES News From Around the Web
Below are the latest news stories about Ares Management Corp that investors may wish to consider to help them evaluate ARES as an investment opportunity.
Big Money Loves Ares Management CorporationAres Management Corporation (ARES) stock has been strong, gaining 49.5% over the past year. |
Apex Clean Energy, Ares Management, EPIC Midstream, and Port of Corpus Christi Authority Sign Memorandum of Understanding for Gigawatt-Scale Green Fuels Hub on Texas Gulf CoastCORPUS CHRISTI, Texas, February 22, 2022--Apex Clean Energy, Ares Management , EPIC Midstream, and the Port of Corpus Christi signed MOU for a gigawatt-scale green fuels hub on TX Gulf Coast. |
7 Dependable Dividend Stocks for a Restful RetirementIn this kind of market your best course of action isn't to bottom fish growth stocks that have cooled, it's to find quality dividend stocks. |
Ares Management Corporation closes USD3.8bn net lease acquisition of Capital AutomotiveAres Management Corporation closes USD3.8bn net lease acquisition of Capital Automotive Submitted 17/02/2022 - 3:48pm Funds managed by Ares Management Corporation''s Alternative Credit strategy and Real Estate Group have acquired Capital Automotive (CARS) from a Brookfield private real estate fund for USD3.8 billion. CARS is a self-managed real estate company that provides highly tailored, sale-leaseback capital to automotive dealers in the US and Canada to support them in acquiring new locations and upgrading facilities. The company owns a diversified portfolio of over 250 high-quality, operationally essential real estate assets that are structured as long-term triple net leases. Ares’ dedicated net lease investment team brings deep industry experience combined with an integrated opera... |
Ares buys sale leaseback financing company Capital Automotive from BrookfieldAres Management Corp. said Thursday it paid $3.8 billion to acquire Capital Automotive LLC from one of Brookfield Asset Management Inc.''s private real estate funds. McLean, Vir.-based Capital Automotive (Cars) specializes in providing sale-leaseback capital to automotive dealers in the U.S. and Canada. The company owns a portfolio more than 250 real estate assets and provides financing to auto dealers for acquiring new locations and upgrading facilities. Joel Holsinger, partner and co-head of alternative credit, said Ares is "excited by growing market demand from sponsors and companies seeking a creative partner to help them unlock the value of their real estate assets." Ares Management shares are up 11% so far in 2022, compared to a 6.1% year-to-date drop by the S&P 500. Market Pulse ... |
Ares Management closes $3.8B in net lease acquisition of Capital AutomotiveAres Management (ARES) announced that funds managed by its Alternative Credit strategy and Real Estate Group have acquired Capital Automotive ((CARS)) from a Brookfield private real… |
Ares Buys a Brookfield Net-Leasing Firm in $3.8 Billion Deal(Bloomberg) -- Ares Management Corp. is buying Capital Automotive LLC, a net-leasing business for car dealerships, from Brookfield Asset Management Inc. with funds managed by its alternative credit and real estate units.Most Read from BloombergBlinken Offers Lavrov Meeting as Tensions Spike: Ukraine UpdateElon Musk Ratchets Up Trudeau Criticism With Hitler Comparison MemeMoney That Won Melania Trump NFT Came From Melania Trump WalletStocks Tumble, Bonds Rally in Flight-to-Safety Bid: Markets Wra |
Ares Management Corporation Closes $3.8 Billion Net Lease Acquisition of Capital AutomotiveNEW YORK, February 17, 2022--Ares Management Corporation ("Ares") (NYSE: ARES) announced today that funds managed by its Alternative Credit strategy and Real Estate Group have acquired Capital Automotive LLC ("CARS") from a Brookfield private real estate fund for $3.8 billion. This latest transaction highlights Ares’ increased focus on serving sponsors and companies in need of flexible net lease solutions. |
Ares Management Corporation to Present at the Credit Suisse 23rd Annual Financial Services ForumNEW YORK, February 15, 2022--Ares Management Corporation announced today that its Chief Executive Officer and President, Michael Arougheti, is scheduled to present at the Credit Suisse 23rd Annual Financial Services Forum on Friday, February 18, 2022, at 9:40 am EST. |
Insider Weekends: Dan Shulman Purchases Shares Of PayPalPayPal (PYPL) went public twenty years ago in February 2002 but its stint as a public company was short lived. Just a few months after the company’s IPO at $13 per share, eBay (EBAY) decided to acquire the company for $1.5 billion much to the delight of the PayPal Mafia,... |