(HedgeCo.Net) In a move that underscores a rapidly evolving investment thesis within alternative asset management, Ares Management has agreed to acquire Whitestone REIT in an all-cash transaction valued at approximately $1.7 billion. The deal, while modest in size relative to mega-buyouts dominating headlines, represents something far more significant: a high-conviction institutional bet on the resurgence—and structural repositioning—of retail real estate in the post-pandemic era.
At a time w...
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