Real Estate Portfolio Analyst II

What You'll Do

As a Portfolio Analyst, you’ll join the dedicated portfolio management team of the Principal Enhanced Property Fund, L.P., a $5 billion open-end fund with a 21-year track record. In this role you’ll review private commercial real estate investments and provide analytical, reporting, and other support within the real estate investment team. Responsibilities include investment and capital deployment review, sensitivity and variance analysis of annual operating budgets and business plans, asset valuation models, portfolio diversification measures, performance returns and attribution, client reporting and other asset/portfolio metrics.

This is an opportunity for an analytically curious professional who enjoys connecting data, technology, and investment strategy—and who is comfortable leveraging AI-enabled tools and advanced analytics to enhance efficiency, accuracy, and insight.

• Develop deep knowledge of portfolio assets and support business plans and investment strategies through analysis of performance, diversification, valuation, sensitivities, and variances
• Analyze annual operating budgets, capital deployment, asset valuation models, returns, and attribution
• Support ESG-related analysis and portfolio metrics

• Leverage data, analytics platforms, and AI-enabled tools to enhance portfolio analysis, reporting, and insight generation
• Ensure accurate, timely, and high-quality information flows to portfolio managers, consultants, and clients
• Assist in preparing economic, statistical, regulatory, and client‑facing portfolio reports, including quality control of portfolio management data

• Conduct ongoing and ad hoc research on portfolio holdings, acquisition and disposition opportunities, and macro real estate trends
• Build and expand understanding of real estate markets, portfolio dynamics, and capital markets

You’re a detail‑oriented analyst with strong financial acumen and a curiosity for how technology—including AI—can improve investment analysis and decision‑making.

• Bachelor’s degree or equivalent experience, in finance, real estate, accounting, business, mathematics, statistics, data science, or a related field
• 2+ years of analytical experience; candidates with less experience will be considered with relevant internships or analyst experience in commercial real estate
• Strong quantitative, analytical, organizational, and communication skills
• High level of comfort working with data, analytics tools, and emerging technologies (including AI‑assisted analysis, automation, or reporting tools)
• Ability to collaborate effectively in a fast‑paced, deadline‑driven environment while managing multiple priorities

Success in this role requires intellectual curiosity, sound judgment, attention to detail, and a team‑oriented mindset.

Location:

This role is located in our Des Moines Iowa corporate office and will benefit from a hybrid work arrangement blending in‑office and work from home with four days in office in a typical work week.

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.

$81,900 - $100,000 / year

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.

No

At this time, we're not considering applicants that need any type of immigration sponsorship (additional work…