Ares Real Estate Income Trust inc
Business Description
Dividend Capital Diversified Property Fund Inc. is a Maryland corporation formed
on April 11, 2005 to invest in a diverse portfolio of real property and real estate-related
investments.
We believe we have operated in such a manner as to qualify as a real estate investment
trust (“REIT”) for federal income tax purposes, commencing with the
taxable year ended December 31, 2006, when we first elected REIT status. We utilize
an Umbrella Partnership Real Estate Investment Trust (“UPREIT”) organizational
structure to hold all or substantially all of our assets through our operating
partnership, Dividend Capital Total Realty Operating Partnership, LP (our “Operating
Partnership”). Furthermore, our Operating Partnership wholly owns a taxable
REIT subsidiary, DCTRT Leasing Corp. (the “TRS”), through which we
execute certain business transactions that might otherwise have an adverse impact
on our status as a REIT if such business transactions were to occur directly or
indirectly through our Operating Partnership.
|