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. 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, urban infill development and residential housing.
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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 market rents.
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PDDK Opportunity Zone Fund, LLC is a Puerto Rican Opportunity Zone fund specializing in long-term real estate development. The Fund is structured per the 2017 Opportunity Zone U.S. tax laws. 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.​
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NOTE: Essentially all of Puerto Rico is an Opportunity Zone
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