What are the responsibilities and job description for the Investment Manager, Capital Markets position at Principal Financial Group?
What You'll Do
We’re looking for an Investment Manager - Capital Markets to join our Commercial Real Estate Private Equity Real Estate team. In this role, you’ll be responsible for sourcing, coordinating and implementing secured and unsecured financing arrangements in real estate investments managed by Principal Real Estate Investors!
Principal Real Estate, a top-10 global real estate manager with approximately $100B 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 www.principalam.com!
Who You Are
Salary Range Information
Salary ranges below reflect targeted base salaries. Non-sales positions have the opportunity to participate in a bonus program. Sales positions are eligible for sales incentives, and in some instances a bonus plan, whereby total compensation may far exceed base salary depending on individual performance. Actual compensation for all roles will be based upon geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer.
Salary Range (Non-Exempt expressed as hourly; Exempt expressed as yearly)
$127000 - $171000 / year
Salary Details
Compensation
The base salary range for this role is $127,000 – $171,000 as indicated above. Final compensation will be determined based on skills, experience, and alignment with the role’s responsibilities.
In addition to base pay, this role participates in an annual profit share bonus plan. Note your base expectations when answering the application questions.
Time Off Program
Flexible Time Off (FTO) is provided to salaried (exempt) employees and provides the opportunity to take time away from the office with pay for vacation, personal or short-term illness. Employees don’t accrue a bank of time off under FTO and there is no set number of days provided.
Pension Eligible
No
Location(s)
The preferred location is based out of our World Headquarters located in Des Moines, IA. We are also open to considering Chicago, IL. You can check out what our headquarters 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.
Posting Window
We will accept applications for 3 full days following the Original Posting Date, after which the posting may remain open or be removed based upon applications received. If we choose to post the job again, we will accept additional applications for at least 1 full day following the Most Recently Posted Date. Please submit applications in a timely manner as there is no guarantee the posting will be available beyond the applicable deadline.
Original Posting Date
3/13/2026
Most Recently Posted Date
3/13/2026
We’re looking for an Investment Manager - Capital Markets to join our Commercial Real Estate Private Equity Real Estate team. In this role, you’ll be responsible for sourcing, coordinating and implementing secured and unsecured financing arrangements in real estate investments managed by Principal Real Estate Investors!
- Relationship management of external lending relationships and execution of these financing arrangements
- Strategy consultant with Portfolio Management in determining the best financing execution for their properties and portfolio
- Execute the determined financing strategy (including preparation, sourcing, negotiation and documentation of various debt structures).
- Conduct ongoing research of pricing trends, loan documentation and related developments with lenders and institutional investors
Principal Real Estate, a top-10 global real estate manager with approximately $100B 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 www.principalam.com!
Who You Are
- Bachelor’s degree or equivalent, with evidence of a strong background in finance, mathematics, economics, or business, and preferably real estate
- 5 years of real estate financing experience including dealing with complex real estate transactions
- Debt fund financing experience highly preferred. Otherwise, Commercial real estate lending experience (Bank, Life Insurance - mortgages, Commercial Mortgage-Backed Securities CMBS)
- Data Center financing experience highly preferred
- Strong analytical skills with experience reading, interpreting, and understanding contracts and other real estate related legal documents
- Real estate financing or debt structure negotiation experience
- Strong verbal communication and negotiation skills (via phone, in person, and making presentations)
- Stellar project management and planning skills, the ability to run effective meetings, and the demonstrated ability to meet deadlines
- Flexible with a professional demeanor including experience meeting with and effectively interacting with others
Salary Range Information
Salary ranges below reflect targeted base salaries. Non-sales positions have the opportunity to participate in a bonus program. Sales positions are eligible for sales incentives, and in some instances a bonus plan, whereby total compensation may far exceed base salary depending on individual performance. Actual compensation for all roles will be based upon geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer.
Salary Range (Non-Exempt expressed as hourly; Exempt expressed as yearly)
$127000 - $171000 / year
Salary Details
Compensation
The base salary range for this role is $127,000 – $171,000 as indicated above. Final compensation will be determined based on skills, experience, and alignment with the role’s responsibilities.
In addition to base pay, this role participates in an annual profit share bonus plan. Note your base expectations when answering the application questions.
Time Off Program
Flexible Time Off (FTO) is provided to salaried (exempt) employees and provides the opportunity to take time away from the office with pay for vacation, personal or short-term illness. Employees don’t accrue a bank of time off under FTO and there is no set number of days provided.
Pension Eligible
No
Location(s)
The preferred location is based out of our World Headquarters located in Des Moines, IA. We are also open to considering Chicago, IL. You can check out what our headquarters 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.
Posting Window
We will accept applications for 3 full days following the Original Posting Date, after which the posting may remain open or be removed based upon applications received. If we choose to post the job again, we will accept additional applications for at least 1 full day following the Most Recently Posted Date. Please submit applications in a timely manner as there is no guarantee the posting will be available beyond the applicable deadline.
Original Posting Date
3/13/2026
Most Recently Posted Date
3/13/2026
Salary : $127,000 - $171,000