Kristine Soliday
Managing Director – Captial Markets
Principal Real Estate Investors
(Principal Life Insurance Company, Principal Global Investors, Principal Financial Group, Principal Life Insurance, Principal Asset Management, Principal Financial Services)
801 Grand Ave, Des Moines, IA 50309
Principal Real Estate Investors NYC portfolio
$167.2 million -elevator 98%, industrial 1%; Brooklyn 69%, Queens 30%*
1095th largest portfolio by dollar value
489,303 sqft – elevator 97%, industrial 2%; Brooklyn 68%, Queens 31%
859th largest by SF
3 properties – Queens 66%, Brooklyn 33%
2759th largest
531 residential units – Brooklyn 68%, Queens 31%
569th largest by residential units
Top Ten Associated Companies:
ACORE Capital (1), Barings (1), Twining Properties (1), Principal Real Estate Investors (1), BedRock Real Estate Partners (1)
Top Ten Associated People:
Mark Freeman (1), Neil Duncan (1), Joshua Donohue (1), Stacia L. Snyder (1)
Recent activity as signatory:
• Principal Real Estate Investors sold 1368 Avenue Of The Americas for $161 million to Barings on May 01, 2024.
• Twining Properties, Principal Real Estate Investors and BedRock Real Estate Partners borrowed $39 million from Principal Real Estate Investors for 27-19 44 Drive on February 01, 2024.
• William Kaufman Organization and Principal Real Estate Investors borrowed $121.1 million from ACORE Capital for 94 Front Street on July 26, 2022.
