PDDK, LLC is a private real estate company focused on the acquisition, development, and redevelopment of properties in supply-constrained submarkets. The company was founded in 2015 by two New York Investors. Today the portfolio consists of low, middle and luxury residential units as well as several mixed-use and hospitality properties. PDDK LLC specializes in historic renovation, corporate housing, and residential housing.
We are particular about where and why we invest, focusing our efforts solely on markets that benefit from a structural supply/demand imbalance that cannot easily be reversed. We are focused on tax efficiency and look to limit our activity to submarkets where we can produce attractive year-after-year organic growth. In addition to the benefits that result from opportunistic acquisitions and value-added re-development, we have been able to take advantage of early stage gentrification trends to acquire assets at significant discounts and reposition them to command above-market rents with long-term rental growth. Investments often include a significant repositioning component through extensive design and renovation activity that often involves emptying buildings, conducting a complete restoration and re-tenanting at new elevated rents.
PDDK20, LLC provides housing to the U.S. Government and contractors responding to natural disasters within the U.S.
PDDK Opportunity Zone Fund, LLC is a Puerto Rican Opportunity Zone fund specializing in long-term real estate development. The Fund will have no liquidity for a minimum of 10 years and only invests in assets with significant long-term capital appreciation potential either through re-development or ground up construction.
NOTE: Essentially all of Puerto Rico is an Opportunity Zone
52-58 Calle Taft, San Juan PR 00911
13 Apartments + 2 Commercial Spaces + Parking Lot
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14 Room Guest House
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Co-Work + Office 16,000 sqft
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Camara De Comercio - 12 Room Boutique Hotel
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Modern Townhouse 2 bedroom + 3 bath
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12 Residential Apartments