Principal’s frozen real estate fund has made another payment.
Tag: Real Estate
Just 30 days after its last distribution to holders of its frozen real estate fund, the Principal has made another payment.
The Principal has made another liquidation installment on its frozen real estate fund.
Sixteen months after imposing a withdrawal freeze, the Principal has made a partial distribution to participants.
After imposing a withdrawal queue on distributions from a real estate fund, The Principal Financial Group now finds itself targeted with a participant lawsuit.
Investors now have a chance to gain whether or not there is a recovery in the residential real estate market.
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