Santa Monica based Pacific Development Partners, L.LC. (“PDP”) is actively seeking opportunities to acquire quality commercial real estate assets (distressed assets and performing and non-performing notes) throughout California, with a particular emphasis on Southern California. The company focus has been in acquiring multifamily, retail, office and industrial properties. Since forming PDP in 1985 its principals Mark Burger and Ron Recht have acquired, developed or rehabilitated in excess of 80 properties comprising more than 3.2 million square feet and over 1,100 multifamily units. PDP currently oversees a diversified portfolio of properties having an asset value of over $600 million and totaling more than 2 million square feet. These properties are conservatively leveraged and produce significant recurring cash flow. PDP’s history of success and its strong existing portfolio give it access to equity and debt in the current capital constrained environment. The firm has the ability to underwrite and close transactions quickly. PDP is targeting real estate in the value range of $5 million to $40 million per asset and will fund the acquisitions as needed. Contact Sandy Hull @ 949-481-0463
View Top Employees from Pacific Development Partners, LLCWebsite | http://www.pdpllc.net |
Revenue | $6 million |
Funding | $112000 |
Employees | 11 (9 on RocketReach) |
Founded | 1985 |
Address | 30220 Rancho Viejo Road Suite B, San Juan Capistrano, California 92675, US |
Phone | (310) 393-4141 |
Fax | (310) 393-4103 |
Technologies |
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Industry | Real Estate |
SIC | SIC Code 65 Companies, SIC Code 655 Companies |
NAICS | NAICS Code 237210 Companies, NAICS Code 237 Companies, NAICS Code 2372 Companies, NAICS Code 23721 Companies, NAICS Code 23 Companies |
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The Pacific Development Partners, LLC annual revenue was $6 million in 2024.
Oscar Flores is the Director of Multifamily of Pacific Development Partners, LLC.
9 people are employed at Pacific Development Partners, LLC.
Pacific Development Partners, LLC is based in San Juan Capistrano, California.
The NAICS codes for Pacific Development Partners, LLC are [237210, 237, 2372, 23721, 23].
The SIC codes for Pacific Development Partners, LLC are [65, 655].