Posted in Ethics & Compliance

Principal Buys Toxic Waste Site With 401k Funds…

On July 3rd, 2007, Principal Real Estate Investors published this press release concerning their partnership with Vested Housing Group, Llc to purchase vacant land in Henderson, Nevada.   A day earlier, Principal had signed a Loan Purchase Agreement (LPA) to guarantee a $13.1 million loan to Henderson Lofts Devco (HLD), whose…

Continue Reading...