Real Estate Forum: Forum 100
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Principal Real Estate Investors
Finance | Rank: # 7 (Score: 71 )
        *Category Ranking
Company:   Principal Real Estate Investors    
Address: 801 Grand Avenue  
City: Des Moines  
State: IA  
Zip:   50392  
Phone: 800-533-1390  
Fax: 866-850-4023  
Email: brett.kari@principal.com  
Website: www.principalglobal.com  
Key Executive    
1. Name: Pat Halter  
    Title: Chief Executive Officer  
2. Name: Randy Mundt    
    Title: President & Chief Investment Officer  
3. Name: Todd Everett    
    Title: Managing Director - Head of Real Estate Fixed Income Group  
4. Name: Steve Graves  
    Title: Managing Director - Chief Operating Officer  
*Number of Offices: 3 19
*Number of Employees: 476 8
*Gross Revenues Fiscal Year 2006: 38..5 billion 1
*Projected Revenues Fiscal Year 2007: 0.0 million 22
Selected Areas of Specialization: We provide clients with access to opportunities across the spectrum of public and private equity and debt investment alternatives, allowing institutional RE investors to customize portfolios to their specific objectives & risk management guidelines.  
Company Overview: Principal Real Estate Investors, the dedicated real estate group of Principal Global Investors, manages or subadvises $40.4 billion in commercial real estate assets*, primarily for retirement plans and other institutional clients. Principal Real Estate Investors is the fourth largest institutional real estate manager in the United States based on tax-exempt assets under management. Our greatest strength is our experienced staff and depth of resources. We employ 223 real estate investment professionals, supported by a large, diverse staff of specialized real estate administration and operations personnel. Principal’s history in real estate asset management spans over five decades. Our people and their broad relationship networks provide in-depth research and transaction coverage of over 60 metropolitan property markets. This depth of expertise, combined with state of-the-art research and investment monitoring techniques, helps us identify a broad range of investment opportunities and creative strategies for the benefit of our clients.  
*Total Number of Financing Transactions
Arranged or Committed in 2006:		 728 9
*Total Value of Financing Transactions
Arranged or Committed in 2006:		 7.2 billion 12
Percentage by Financing Type:    
Public Debt: %  
Private Debt: 100 %  
Public Equity: %  
Private Equity: %  
Hybrid: %  
Value by Financing Type:    
Public Debt: .  
Private Debt: 7.2 billion  
Public Equity: .  
Private Equity: .  
Hybrid: .  
Percentage by Property Type:    
Office: 30 %  
Industrial: 20 %  
Retail: 27 %  
Apartments: 20 %  
Hotels: 2 %  
Other: 1 %  
(Please specify) ground leased land, self storage  
Percentage by Geographic Area    
Northeast: 24 %  
Southeast: 22 %  
Midwest: 22 %  
Southwest: 22 %  
West: 22 %  
International: 22 %  
Percentage by Rate Types:    
Fixed: 95 %  
Floating: 5 %  
Interest-Only: 69 %  
Percentage by Loan Types:    
CMBS: %  
Construction: %  
Mezzanine: %  
Permanent: %  
Bridge: %  
    Raw Score:   71