Ares Management Buys Whitestone REIT And Reshapes Asia Leadership For Growth

Ares Management (NYSE:ARES) agreed to acquire Whitestone REIT in a transaction valued at about US$1.7b, taking the retail-focused real estate trust private. The deal expands Ares’ exposure to necessity-based retail centers in fast-growing U.S. metro areas. Alongside the acquisition, Ares announced leadership changes in its Asia business, including E.G. Morse as Partner and Head of Asia Credit. Dinesh Goel and Gabriel Fong were elevated to lead Asia Special Situations, reshaping Ares’ senior…Read More