Kristine Soliday
Managing Director – Captial Markets
Principal Real Estate Investors
(Principal Asset Management, Principal Global Investors, Principal Financial Group, Principal Financial Services, Principal Life Insurance Company, Principal Life Insurance)
801 Grand Ave, Des Moines, IA 50309
Principal Real Estate Investors NYC portfolio
$167.2 million -elevator 98%, industrial 1%; Brooklyn 69%, Queens 30%*
1083th largest portfolio by dollar value
489,303 sqft – elevator 97%, industrial 2%; Brooklyn 68%, Queens 31%
842th largest by SF
3 properties – Queens 66%, Brooklyn 33%
2706th largest
531 residential units – Brooklyn 68%, Queens 31%
580th largest by residential units
Person Activity past 24 months:
Seller signatory: 1 for $161 million
Top Ten Associated Companies:
Twining Properties (1), Principal Real Estate Investors (1), BedRock Real Estate Partners (1), Barings (1), ACORE Capital (1)
Top Ten Associated People:
Neil Duncan (1), Joshua Donohue (1), Stacia L. Snyder (1), Mark Freeman (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.
