# PRINCIPAL REAL ESTATE INVESTORS, LLC

PRINCIPAL REAL ESTATE INVESTORS, LLC of DES MOINES, IA is an SEC-registered investment adviser.

## Registration

- CRD: 109008
- Type: SEC-registered investment adviser
- SEC file number: 801-55618
- Location: 801 GRAND AVE, DES MOINES, IA, 50392-0001
- Phone: 800-787-1621
- Latest filing: 2026-05-27
- Regulatory AUM: $105.6B
- Discretionary AUM: $73.9B
- Non-discretionary AUM: $31.7B
- Clients: 477
- Accounts: 681

## Business model

- Compensation: % of AUM, Fixed, Performance
- Clients served: High net worth, Pooled vehicles, Investment cos, Other

## Officers, owners & control persons (36)

_Showing 25 of 36 people._

| Name | Role | Location |
| --- | --- | --- |
| Jill Marie Hittner | CHIEF FINANCIAL OFFICER | Des Moines, IA |
| Kamal Bhatia | DIRECTOR | — |
| Justin Thomas Lange | CHIEF COMPLIANCE OFFICER | — |
| Todd Eugene Everett | DIRECTOR | — |
| George Peter Maris | CIO & GLOBAL HEAD OFEQUITIES; CIO & GLOBAL HEAD OF EQUITIES | — |
| George Djurasovic | GENERAL COUNSEL | — |
| Barbara Wenig | CHIEF BUSINESS OFFICER | — |
| Timothy Allen Hill | SENIOR EXECUTIVE MANAGING DIRECTOR, U.S.AND EUROPE CLIENT GROUP | — |
| SERAJI-SPELLERBERG MINOO | CHIEF COMPLIANCE OFFICER - NORTH AMERICA | — |
| DONOHUE ANDREW JOHN | CHIEF COMPLIANCE OFFICER | — |
| HILLER JEFFREY | CHIEF COMPLIANCE OFFICER; CHIEF COMPLIANCE OFFICER-GLOBAL | — |
| MCCAUGHAN JAMES PATRICK | DIRECTOR; EXECUTIVE DIRECTOR | — |
| BOGART JERALD LEE | BOARD MEMBER | — |
| LAWLER JULIA MARIE | DIRECTOR; EXECUTIVE DIRECTOR; PRESIDENT - REAL ESTATE EQUITY GROUP | — |
| MIGRO MICHAEL | CHIEF COMPLIANCE OFFICER | — |
| MUNDT RANDALL CRAIG | PRESIDENT AND CHIEF INVESTMENT OFFICER | — |
| HALTER PATRICK GREGORY | CHAIRMAN; CHIEF EXECUTIVE OFFICER; PRESIDENT - REAL ESTATE FIXED INCOME GROUP | — |
| MCKENZIE BARBARA | EXECUTIVE DIRECTOR/CHIEF COMPLIANCE OFFICER | — |
| GRAVES STEVEN KENT | CHIEF OPERATING OFFICER | — |
| PICK STEPHEN WILLIAM | CHIEF FINANCIAL OFFICER | — |
| VALENTINE LEANNE MARIE | COUNSEL | — |
| HOWALD TIM | BOARD MEMBER | — |
| HIBBS RICHARD W | EXECUTIVE VICE PRESIDENT - MARKETING | — |
| SCHMITZ FRANK EDWARD | MANAGING HEAD OF REAL ESTATE EQUITY | — |
| PEARSTON KAREN | COUNSEL | — |


## Disclosures (7)

| Initiated | Type | Allegations | Status | Amount |
| --- | --- | --- | --- | --- |
| 2022-09-08 | regulatory | IN APRIL 2022 PRINCIPAL GLOBAL INVESTORS, LLC (PGI) HAD AN UNINTENTIONAL SHORT SALE OF A SECURITY DUE TO A CORPORATE ACTION IN POTENTIAL BREACH OF LOCAL REGULATIONS. IN SEPTEMBER 2022, PGI RECEIVED AN EMAIL REGARDING "NOTICE OF ACTION TO BE TAKEN" REGARDING THE BREACH OF LOCAL RESTRICTION PROVISIONS… | Final | $34K |


## Private funds (18)

Mix: Hedge Fund 13 · Other Private Fund 4 · Real Estate Fund 1

_Showing 15 of 18 funds by gross asset value._

| Fund | Type | Formed | Owners | GAV | Min investment |
| --- | --- | --- | --- | --- | --- |
| PRINCIPAL ENHANCED PROPERTY FUND, L.P. | Hedge Fund | Delaware | 158 | $5.1B | $250K |
| PRINCIPAL DATA CENTER GROWTH & INCOME FUND, L.P. | Hedge Fund | Delaware | 46 | $1.8B | — |
| PRINCIPAL REAL ESTATE OPEN-END DEBT FUND, L.P. | Hedge Fund | Delaware | 12 | $548.9M | $5.0M |
| PRINCIPAL DIGITAL REAL ESTATE FUND, LP | Hedge Fund | Delaware | 13 | $352.9M | — |
| PRINCIPAL DATA CENTER GROWTH & INCOME FUND (CAYMAN PARALLEL), L.P. | Hedge Fund | Cayman Islands | 10 | $302.4M | — |
| PRINCIPAL U.S. PROPERTY FUND, LP | Other Private Fund | Delaware | 15 | $163.7M | $5.0M |
| PRINCIPAL REAL ESTATE STRATEGIC DEBT FUND I LP | Hedge Fund | Delaware | 2 | $105.5M | $300K |
| PRINCIPAL DATA CENTER GROWTH & INCOME FUND SCSP | Hedge Fund | Luxembourg | 5 | $100.7M | — |
| PRINCIPAL REAL ESTATE LIQUID DEBT FUND, LP | Hedge Fund | Delaware | 7 | $60.5M | $1.0M |
| PRINCIPAL DIGITAL REAL ESTATE FUND (A), LP | Hedge Fund | Delaware | 6 | $55.2M | — |
| PRINCIPAL GREEN PROPERTY FUND III, LP | Hedge Fund | Delaware | 6 | $53.8M | — |
| PRINCIPAL EUROPEAN CORE FUND US SCSP | Real Estate Fund | Luxembourg | 2 | $52.7M | $10.0M |
| PRINCIPAL GREEN PROPERTY FUND III (US PARALLEL), LP | Hedge Fund | Delaware | 1 | $35.1M | — |
| 801 GRAND | Other Private Fund | Delaware | 2 | $19.8M | $300K |
| PRINCIPAL GREEN PROPERTY FUND III (CAYMAN PARALLEL), LP | Hedge Fund | Cayman Islands | 1 | $9.8M | — |


## Branch offices (27)

_Showing 15 of 27 offices._

| City | State | Employees | Phone |
| --- | --- | --- | --- |
| FRANKFURT, RHINE-MAIN | — | 23 | 800-986-3343 |
| FRANKFURT, RHINE-MAIN | — | 23 | 800-986-3343 |
| LONDON | — | 16 | 800-986-3343 |
| LONDON | — | 16 | 800-986-3343 |
| NEW YORK | NY | 12 | 212-603-3600 |
| CHICAGO | IL | 11 | 312-541-0250 |
| PARIS | — | 10 | 800-986-3343 |
| PARIS | — | 10 | 800-986-3343 |
| SCHIPHOL | — | 3 | 800-986-3343 |
| SINGAPORE | — | 3 | 800-986-3343 |
| MILAN | — | 3 | 800-986-3343 |
| MILAN | — | 3 | 800-986-3343 |
| SCHIPHOL | — | 3 | 800-986-3343 |
| SINGAPORE | — | 3 | 800-986-3343 |
| MADRID | — | 2 | 800-986-3343 |


## Fund service providers (3)

- custodian: PRINCIPAL DIGITAL REAL ESTATE EMPLOYEES, LP
- custodian: PRINCIPAL EUROPEAN CORE FUND US FEEDER SCSP
- custodian: PRINCIPAL U.S. PROPERTY CAYMAN FEEDER FUND, L.P.

## Related pages

- Form ADV Part 2 brochure: https://search.stillhousedata.com/firm/109008/brochure
- Similar advisers: https://search.stillhousedata.com/firm/109008/similar
- Related entities: https://search.stillhousedata.com/firm/109008/related
- SEC IAPD (source of record): https://adviserinfo.sec.gov/firm/summary/109008

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Source: public SEC Form ADV data via Adviser Search (https://search.stillhousedata.com).
Agents: this data is also queryable via MCP tools and read-only SQL — see https://search.stillhousedata.com/llms.txt.