Principal Real Estate Investors is a global real estate manager and investment firm, and is the dedicated real estate group of Principal Global Investors, a diversified asset management firm. Principal Real Estate has a vertically integrated platform that incorporates all disciplines of commercial real estate across the spectrum of public and private equity to public and private debt investments. The firm has teams across the U.S., Europe, Asia and Australia, and specializes in commercial mortgage-backed securities, subordinated debt, fixed and variable rate loans, and preferred equity.
Principal Real Estate Investors is headquartered in Des Moines, Iowa.
High-Level Lending Parameters
Loan Amounts: $10-400 million
Loan-to-Value: Up to 80%
Lending Terms: 5% to 10%
Interest Rate: 2 to 10 years
Markets: Across the U.S. and Europe Markets
Asset Classes: Office, retail, industrial, multifamily and hotel
- Residential Development: A $66.8 million floating-rate loan for the financing of the construction of 328-unit residential community in San Bernardino County, California
- Mixed-Use Development: A $63.2 million loan for the development of a residential and retail mixed-use property in Nashville, Tennessee
- Industrial: A $41.5 million fixed-rate loan for the acquisition of an industrial warehouse in Edison, New Jersey