What Youll Do
We're looking for an Asset Management Analyst to join our Principal Real Estate team. In this role, you'll perform lease analysis, valuation modeling, cash flow analysis, development feasibility analysis, and reporting!
Principal Real Estate provides private equity asset management services for client portfolios. The Asset Management Group is actively involved in all stages of the investment life cycle including ground-up development or redevelopment, the acquisition and disposition process, and oversight of property management and leasing. Asset managers participate in developing the investment strategy and tactical plan for each property and have primary responsibility for its execution.
Other things you'll do
- Interact closely with a Senior Asset Manager(s) as well as local market contacts including property managers, leasing agents, and capital markets/transaction brokers, to develop budgets, business plans, and assist with deal underwriting.
- Participate in the quarterly portfolio management reporting process.
- Assist in all aspects of investment management and investment production for assigned properties including core, value add, and development activities.
- If you thrive on building a solid foundation of commercial real estate knowledge, enjoy working autonomously within a team environment, and are a self-starter, then this job might be the one for you!
Principal Real Estate, a top-10 global real estate manager with over $85B in assets under management, is the dedicated real estate investment group within Principal Asset Management. With over 60 years of experience our comprehensive, specialized capabilities across all four quadrants of commercial real estate--private equity, public equity, public debt, and private debt gives us a unique perspective on real estate space and capital markets.
Principal Asset Management offers global asset management expertise across a diverse set of traditional and alternative asset classes. Check us out at
Who You Are
- Bachelor's degree (preference for degrees in finance, mathematics, economics or real estate)
- Advanced Excel
Skills that will help you stand out
- Real estate experience (including coursework, full time, or internship experience)
- Cumulative 3.25 GPA or higher
- Argus software knowledge
- Strong verbal and written communication skills including negotiation and listening skills
- Strong organizational skills and demonstrated ability to meet deadlines
- Must be able to work in a fast-paced, team environment, with limited supervision
- Strong analytical skills, technical and detail orientation, with ability to read, interpret, and understand contracts and other legal documents
Travel to assigned markets (approximately 3-4 times per year) to learn markets, meet with partners, third party property managers, etc. and inspect managed properties
Salary Range InformationSalary Range (Non-Exempt expressed as hourly Exempt expressed as yearly)Time Off ProgramPension EligibleAdditional Information
Location(s)
This role will be based out of our Corporate Headquarters located in Des Moines, IA.
Work Environments
This role offers the ability for in-office or four days in-office and one day remote. You'll work with your leader to figure out which option may align best based on several factors.
Work Authorization/Sponsorship
At this time, were not considering applicants that need any type of immigration sponsorship (additional work authorization or permanent work authorization) now or in the future to work in the United States. This includes, but IS NOT LIMITED TO F1-OPT, F1-CPT, H-1B, TN, L-1, J-1, etc. For additional information around work authorization needs please use the following links.
and
Green Card for Employment-Based Immigrants
Investment Code of Ethics
For Principal Asset Management positions, you'll need to follow an Investment Code of Ethics related to personal and business conduct as well as personal trading activities for you and members of your household. These same requirements may also apply to other positions across the organization.
Experience Principal
At Principal, we value connecting on both a personal and professional level. Together, we're imagining a more purpose-led future for financial services and that starts with you. Our success depends on the unique experiences, backgrounds, and talents of our employees. And we support our employees the same way we support our customers with comprehensive, competitive benefit offerings crafted to protect their physical, financial, and social well-being. Check out our
Principal is an Equal Opportunity Employer
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.
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