What You'll Do

Asset Management Analyst

Supports all aspects of private equity real estate asset management and investment activities across an assigned portfolio or market. Key responsibilities include:

• Asset & Investment Support: Assist with underwriting, portfolio management, leasing, development, repositioning, and valuation efforts to drive income, occupancy, and appreciation aligned with client expectations.
• Financial Analysis & Reporting: Prepare accurate client reporting, variance analysis, and asset valuations using discounted cash flow models; contribute to investment committee materials and presentations.
• Investment Execution: Support new investments, redevelopment projects, and leasing transactions by analyzing tenant credit, market conditions, and deal profitability relative to benchmarks.
• Business Planning: Help develop and execute asset business plans, operating budgets, and capital strategies to optimize performance versus market indices.
• Relationship Management: Collaborate with internal teams and external partners (JV partners, brokers, property managers) to ensure effective execution of investment and client objectives.
• Process & Operational Excellence: Adhere to firm policies, contribute to process improvements, and support special projects to enhance service delivery and profitability.

Who You Are

Who You Are

• Bachelor’s degree in finance, economics, business, or related field (real estate).
• Exposure to real estate through internship or co-op experience strongly preferred.

Skills That Help You Stand Out

• Strong analytical, financial modeling skills using Argus, Excel, Power BI
• Ability to read, interpret, and understand contracts and other legal documents.
• Effective communication, organization, and interpersonal abilities
• Self-starter with attention to detail and ability to manage competing priorities
• Able to travel to markets within assigned regions (Northern California/Phoenix, AZ) approximately 10% of time, or as required

Salary Range Information

Salary Range (Non-Exempt expressed as hourly; Exempt expressed as yearly)

Time Off Program

Pension Eligible

Location(s)

The position will be located in Des Moines, IA. You can check out what our Global Headquarters in Des Moines looks like here: 

Work Authorization/Sponsorship

At this time, we're 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.

Nonimmigrant Workers 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 careers site to learn more about our purpose, values and benefits.

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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