Discontinued — last reported Q1 '23
Ares Management Corporation Real Estate Group — General, administrative and other expenses increased by 7.5% to $12.28M in Q1 2023 compared to the prior quarter. Year-over-year, this metric grew by 60.8%, from $7.64M to $12.28M. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase may signal scaling operations or rising administrative costs, while a decrease suggests cost-cutting or improved operational efficiency.
This metric captures the overhead costs associated with operating the Real Estate investment segment, including personne...
Comparable to SG&A expenses in real estate asset management divisions of peer alternative investment firms.
ares_segment_real_estate_group_general_administrative_and_other_expenses| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $3.35M | $5.42M | $8.70M | $7.64M | $10.64M | $10.03M | $11.43M | $12.28M |
| QoQ Change | — | +61.8% | +60.5% | -12.2% | +39.3% | -5.7% | +13.9% | +7.5% |
| YoY Change | — | — | — | — | +217.7% | +85.1% | +31.4% | +60.8% |