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10 Must Reads for the CRE Industry Today (May 24, 2021)
Ares Management has reached an agreement to acquire the Black Creek Group’s real estate business, reports GlobeSt. Women’s Wear Daily provides an overview of fashion retailers’ recent quarterly reports to assess the state of retail. These are among today’s must reads from around the commercial real estate industry.
Ares Management to Acquire Black Creek Group “A  subsidiary of Ares Management Corp. has entered into a definitive agreement to acquire Black Creek Group’s US real estate investment advisory and distribution business. As of March 31, 2021, Black Creek had approximately $11.6 billion of assets under management in core and core-plus real estate strategies across two non-traded REITs and various institutional fund vehicles.” ( ....

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