Principal Capital Real Estate Investors LLC (Des Moines)


Principal Capital Real Estate Investors LLC is a large advisory firm based in Des Moines. It manages $2.05 billion of regulatory assets for 13 client accounts. It has been registered with the SEC as an adviser since 2001.

Principal Capital Real Estate Investors provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Principal Capital Real Estate Investors: assets under management

The assets under management (AUM) of Principal Capital Real Estate Investors LLC is $2.05 billion. The firm's AUM has grown by 359% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $264.21 million in discretionary accounts and $1.79 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $44.04 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $255.25 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Principal Capital Real Estate Investors LLC for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Principal Capital Real Estate Investors LLC

Randall Craig Mundt joined the executive team most recently as the President And Chief Investment Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Principal Capital Management Llc Sole member, 100% ownership 1 Sep 1998 75% - 100% 109002
Llc Principal Global Investors Sole member, 100% ownership 1 Sep 1998 75% - 100% 109002
Patrick Gregory Halter President - real estate fixed income group 1 Oct 1998 Other 4372565
Gregory Charles Hauser Chief executive officer 1 Oct 1998 Other 4372550
Steven Kent Graves Chief operating officer 1 Oct 1998 Other 4372575
Dennis Paul Francis Board chairman 1 Oct 1998 Other 4343489
Richard W Hibbs Executive vice president - marketing 1 Oct 1998 Other 874204
Tim Howald Board member 1 Nov 1998 Other 3070136
Julia Marie Lawler President - real estate equity group 1 Feb 2000 Other 4372586
Stephen William Pick Chief financial officer 1 Mar 2000 Other 4372599
Leanne Marie Valentine Counsel 1 Mar 2001 Other 4380646
Randall Craig Mundt President and chief investment officer 1 Jan 2002 Other 4372105

Indirect Owners

The SEC currently registers 7 indirect owners.

Name Entity Date acquired Ownership Employer ID
Principal Life Insurance Company 100% owner 1 May 1998 75% - 100% 42-0127290
Inc. Principal Financial Services 100% owner 1 Jul 1998 75% - 100% 42-1476367
Inc. Principal Financial Group 100% owner 1 Jul 1998 75% - 100% 42-1476366
Principal Mutual Holding Company 100% owner 1 Jul 1998 75% - 100% 42-1476365
Principal Life Insurance Company 100% owner 1 Sep 1998 75% - 100% 42-0127290
Inc. Principal Financial Group 100% owner 1 Oct 2001 75% - 100% 42-1520346
Inc. Principal Financial Services 100% owner 1 Oct 2001 75% - 100% 42-1520348

Based in Des Moines

The principal office where Principal Capital Real Estate Investors LLC performs its advisory services is located at 801 Grand Ave, Des Moines, IA 50392, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 1-800-533-1390 or by fax 515-235-9700. The normal business hours are 7:00a.m. - 5:00p.m. on Monday - Friday. You can find more information about the New York firm at www.principalcapital.com.