US Real Estate Market Overview - Part 1

Randall Mundt President and CIO, Principal Real Estate Investors

Randy is the president and chief investment officer of Principal Real Estate Investors, the dedicated real estate group of Principal Global Investors. He is responsible for the development and execution of client investment strategies across all real estate quadrants, including investment pricing, performance and policy. Randy leads new product and fund design, Principal's dedicated real estate research group and the firm's real estate equity portfolio management group. He joined the firm in 1983. He chairs Principal's Real Estate Investment Committee and Client Strategy committee. Randy is also a member of Principal's Economic Resource Group.


Randy received an MBA in finance from the University of Iowa and a bachelor's degree in business from Iowa State University. He serves as a board member and program chair of the Association of Foreign Investors in Real Estate (AFIRE) and is a member of the National Council of Real Estate Investment Fiduciaries (NCREIF), the National Association of Real Estate Investment Managers (NAREIM), the Real Estate Roundtable and the Pension Real Estate Association (PREA).