Pacific Development Partners, LLC

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. PDPs 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 abilit...