Schmitz Tapped to Lead Principal Real Estate Group

July 2, 2002 ( - Principal Capital Real Estate Investors has named Frank Schmitz as president of its real estate equity group.

Schmitz is now responsible for the management and continued growth of Principal Capital Real Estate Investors’ $5.6 billion real estate equity business.

Schmitz has 17 years of real estate investment experience, including ten years with Principal Capital Real Estate Investors, most recently as director – institutional marketing.

He succeeds Julia Lawler, who was named senior vice president and chief investment officer for the Principal Financial Group.

Schmitz holds an MBA from the University of Chicago and a bachelor’s degree in economics and political science from Northwestern University.