Form D · Other Investment Fund

PRINCIPAL U.S. PROPERTY FUND, L.P.

Des Moines, IA · CIK 0001912309

Offering snapshot reported Jan 26, 2026 · SEC filing

Reported sold
$138M
Indefinite offering
Investors reported
Not reported
Form D · investor count
Minimum accepted
Not reported
Reported outside-investor minimum
First sale
Not reported
As reported in this filing

What changed?

Latest filing versus its linked predecessor, where available.

No comparable changes in the displayed metrics.

Filing history

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FiledFiling typeReported soldChange vs linked filingInvestorsSource
Jan 26, 2026Initial$137,605,000No comparisonNot reportedSEC filing
May 28, 2025Amendment$125,005,000$19,000,000vs May 31, 20248SEC filing
May 31, 2024Amendment$106,005,000-$49,140,000vs Jun 1, 20237SEC filing
Jun 1, 2023Amendment$155,145,000No comparison8SEC filing
Jun 2, 2022InitialYet to sellNo comparison0SEC filing

Offering details

Securities
Not reported
Exemptions
Not reported
Duration over one year
Not reported
Business combination
Not reported
Sales commissions
Not reported
Finders' fees
Not reported
Form D file number
021-571103

Source: Form D, filed Jan 26, 2026. Minimum accepted may differ from a standard advertised minimum.

Fund connections

The linked fund shows its most recently reported ADV details.

Matched by reported Form D file number

PRINCIPAL U.S. PROPERTY FUND, LP

Investment adviser: PRINCIPAL REAL ESTATE INVESTORS, LLC

Gross asset value
$164M
Beneficial owners
15
ADV minimum commitment
$5M

Reported in Form ADV on Aug 19, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator NORTHEAST RETIREMENT SERVICES, LLC WOBURN, Massachusetts, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor DELOITTE & TOUCHE, LLP DES MOINES, Iowa, United States
Marketer PRINCIPAL FUNDS DISTRIBUTOR, INC. DES MOINES, Iowa, United States Related to adviser: Yes
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
No
Administrator other than the adviser
Yes
External marketing
Yes

DELOITTE & TOUCHE, LLP
PCAOB 34

PRINCIPAL FUNDS DISTRIBUTOR, INC.
CRD 43261 · SEC 8-50200

Filing source

Form ADV 2124905 · Aug 19, 2026 · Schedule D 7.B.(1), fund 805-4475282798

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

People & organizations

Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.

People and organizations reported in Form D filings
NameReported role
N/A Principal Real Estate Investors, Llc Promoter
N/A Principal U.S. Property Gp, Llc Promoter

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
711 High Street
Des Moines, IA, 50392