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Ares Management Buys Leaseback Financier Capital Automotive for $3.8 Billion

Deal Is Part of Investment Firm’s Growing Focus on Net-Lease Properties
Ares Management, which has a New York office at 245 Park Ave., has completed a $3.8 billion purchase of Capital Automotive. (James Hooker/CoStar)
Ares Management, which has a New York office at 245 Park Ave., has completed a $3.8 billion purchase of Capital Automotive. (James Hooker/CoStar)
CoStar News
February 17, 2022 | 5:13 P.M.

Investment firm Ares Management has bought Capital Automotive, which provides financing for car dealerships looking to complete commercial property leaseback deals, for $3.8 billion.

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