{"transactions":[{"id":1936824,"issuer":{"id":25001,"kind":"organization","name":"ARES INDUSTRIAL REAL ESTATE INCOME TRUST Inc.","symbol":"NONE"},"owners":[{"id":115082,"kind":"person","name":"Merriman Dwight L. III","position":1,"cik":"0001518719","reported_name":"Merriman Dwight L. III","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Common Stock","published_at":"2023-03-28T22:57:19.000Z","date":"2021-09-01","kind":"purchase","planned":false,"acquired":true,"shares":84041,"price":10.709,"value":899995.069,"ownership":{"direct":false,"nature":"By Trust"},"footnotes":[{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Shares are beneficially owned by the Merriman Living Trust, over which the Reporting Person has voting or investment power."}],"balance_after":112133,"source":{"system":"sec-edgar","filing":"0001062993-23-007924","document":"form4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1625941/000106299323007924/form4.xml","form_type":"4"}},{"id":2036085,"issuer":{"id":25001,"kind":"organization","name":"ARES INDUSTRIAL REAL ESTATE INCOME TRUST Inc.","symbol":"NONE"},"owners":[{"id":115082,"kind":"person","name":"Merriman Dwight L. III","position":1,"cik":"0001518719","reported_name":"Merriman Dwight L. III","relationship":{"director":true,"officer":false,"ten_percent_owner":false,"other":false}}],"security":"Class I Operating Partnership Units","published_at":"2023-02-02T22:25:08.000Z","date":"2023-02-01","kind":"other","acquired":true,"shares":1155192.692,"price":0,"value":0.0,"ownership":{"direct":true},"footnotes":[{"field":"derivative.exercise_price","element":"conversionOrExercisePrice","label":"F1","text":"The Class I Operating Partnership Units (\"Class I OP Units\") were acquired by the reporting person on February 1, 2023 as consideration for the redemption of the reporting person's interest in a limited partnership. No cash consideration was paid. Beginning on January 1, 2024, the reporting person may request that AIREIT Operating Partnership LP, a subsidiary of the Issuer, redeem all or a portion of the Class I OP Units for cash, unless the Issuer's board of directors determines that the redemption of the Class I OP Units for cash would be prohibited by applicable law, the Issuer's charter, or the Operating Partnership's limited partnership agreement (the \"OP Agreement\"), in which case the Class I OP Units will be redeemed for shares of the Issuer's Class I common stock, subject to any limitations on redemption in the OP agreement. Any such redemption of Class I OP Units will be priced at the then-current NAV of such Class I OP Units."},{"field":"kind","element":"transactionCoding","label":"F1","text":"The Class I Operating Partnership Units (\"Class I OP Units\") were acquired by the reporting person on February 1, 2023 as consideration for the redemption of the reporting person's interest in a limited partnership. No cash consideration was paid. Beginning on January 1, 2024, the reporting person may request that AIREIT Operating Partnership LP, a subsidiary of the Issuer, redeem all or a portion of the Class I OP Units for cash, unless the Issuer's board of directors determines that the redemption of the Class I OP Units for cash would be prohibited by applicable law, the Issuer's charter, or the Operating Partnership's limited partnership agreement (the \"OP Agreement\"), in which case the Class I OP Units will be redeemed for shares of the Issuer's Class I common stock, subject to any limitations on redemption in the OP agreement. Any such redemption of Class I OP Units will be priced at the then-current NAV of such Class I OP Units."},{"field":"derivative.exercise_date","element":"exerciseDate","label":"F1","text":"The Class I Operating Partnership Units (\"Class I OP Units\") were acquired by the reporting person on February 1, 2023 as consideration for the redemption of the reporting person's interest in a limited partnership. No cash consideration was paid. Beginning on January 1, 2024, the reporting person may request that AIREIT Operating Partnership LP, a subsidiary of the Issuer, redeem all or a portion of the Class I OP Units for cash, unless the Issuer's board of directors determines that the redemption of the Class I OP Units for cash would be prohibited by applicable law, the Issuer's charter, or the Operating Partnership's limited partnership agreement (the \"OP Agreement\"), in which case the Class I OP Units will be redeemed for shares of the Issuer's Class I common stock, subject to any limitations on redemption in the OP agreement. Any such redemption of Class I OP Units will be priced at the then-current NAV of such Class I OP Units."},{"field":"derivative.expiration_date","element":"expirationDate","label":"F2","text":"There is no expiration date for the reporting person's ability to request redemption of the Class I OP Units."}],"balance_after":1155192.692,"derivative":{"underlying":"Class I Common Stock","underlying_shares":1155192.692},"source":{"system":"sec-edgar","filing":"0001062993-23-001995","document":"form4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1625941/000106299323001995/form4.xml","form_type":"4"}},{"id":4145895,"issuer":{"id":9779,"kind":"organization","name":"Ares Real Estate Income Trust Inc."},"owners":[{"id":115082,"kind":"person","name":"Merriman Dwight L. III","position":1,"cik":"0001518719","reported_name":"Merriman Dwight L. III","relationship":{"director":false,"officer":true,"ten_percent_owner":false,"other":false,"officer_title":"Chief Executive Officer"}}],"security":"Class I Common Stock","published_at":"2017-12-01T21:05:27.000Z","date":"2017-12-01","kind":"purchase","acquired":true,"shares":80900.694,"price":7.4165,"value":599999.997051,"ownership":{"direct":false,"nature":"Merriman Living Trust"},"footnotes":[{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"These shares are held directly by the Merriman Living Trust for which the Reporting Person serves as a trustee. The Reporting Person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose."}],"balance_after":80900.694,"source":{"system":"sec-edgar","filing":"0001327978-17-000200","document":"wf-form4_151216230948154.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1327978/000132797817000200/wf-form4_151216230948154.xml","form_type":"4"}}]}