Jason Frederick
Managing Director
Principal Real Estate Investors
(Principal Asset Management, Principal Global Investors, Principal Financial Group, Principal Financial Services, Principal Life Insurance Company)
801 Grand Ave, Des Moines, IA 50309
Principal Real Estate Investors portfolio
$29 million* – elevator 96%, industrial 3%; Queens 100%, Manhattan 0%
1353th largest portfolio by dollar value
156,023 sqft – elevator 91%, industrial 8%;
1453th largest by SF
2 properties – Queens 100%, Manhattan 0%
3033th largest
168 residential units – Queens 100%, Manhattan 0%
1004th largest by residential units
Person Activity past 24 months:
Lender signatory: 1 for $75 million
Top Ten Associated Companies:
Invesco Real Estate (1)
Top Ten Associated People:
Jaime Kelley (1)
Recent activity as company:
• Sentry Realty and 60 Guilders borrowed $45.5 million from Fortress Investment Group for 1370 Broadway, Garment District, Manhattan on January 22, 2025.
• Invesco Real Estate borrowed $75 million from Principal Real Estate Investors for 1372 Broadway, Garment District, Manhattan on July 09, 2024.
• Black Bear Asset Management borrowed $58 million from Morgan Stanley for 503 Broadway, SoHo, Manhattan on June 12, 2023.
Latest Stories:
• Sentry Realty, 60 Guilders pay $75.2M to Invesco for office in Garment District (January 23, 2025)
• Black Bear Asset Management signs $58M refi for office condo in SoHo (June 13, 2023)