we build value
JD3 Property is a real estate development company focused on the acquisition, redevelopment, and management of historic buildings in urban neighborhoods. Our buildings and operations are located in the San Francisco Bay Area, Texas, and Chicago.
We build value. To our investors we deliver above market returns. To our partners we deliver integrity and strong relationships. To our tenants we deliver great service and a good home. To our communities we deliver honest engagement, investment and progress.
about
Integration and experience are our foundation. We acquire, develop, and market properties by combining strong management with bold investment. We commit ourselves to high standards of integrity in contributing to the best interests of our residents, team members, investors, partners, and communities.
mission
We build value. To our investors we deliver above market returns. To our partners we deliver integrity and strong relationships. To our team members we provide professional development. To our tenants we deliver great service and a good home. To our communities we deliver honest engagement, investment and progress.
values
For us a great real estate opportunity is one that benefits the community, tenants, neighbors, local business, and the environment. We are committed to operating our business with the following values in mind:
• Preservation of historic buildings and the redevelopment of underutilized urban property.
• Adaptive re-use and other sustainable building practices, transit-oriented locations, and efficient land-use.
• Ethical, transparent business practices and excellent customer service.
• Management standards that serve everyone’s needs with economic agreements that are fully communicated and honored.
• Building an organization that will honor these values well beyond the lifetime of current management.
team
John Dugan – Principal
John has been passionate about real estate since buying his first home with a VA loan less than a year out of college. He continued this passion as a part-time investor while building his career as a corporate attorney in Silicon Valley and technology company executive at Kiva Systems (now Amazon Robotics). John is focused on bringing strong ideas and investment to the redevelopment of historic buildings in urban neighborhoods.
John is a lucky husband and proud father of three. When not working he enjoys landscape photography, running, and the occasional game of poker. John also serves as a Council Member and former Mayor of San Carlos, California.
John holds a B.S. from the U.S. Military Academy at West Point and a J.D. from Stanford Law School. Connect on Linked-In.
Neil Shroff – Principal
Neil is a seasoned real estate investor and entrepreneur who began his journey by purchasing his first home while still in college. Since then, he has steadily expanded his real estate portfolio and activities. Neil holds an active California real estate broker’s license, which he uses both for his own account and to assist others—often in connection with a company sale.
Neil recently sold a large commercial property in Santa Clara which he reinvested into a portfolio of multi-tenant commercial buildings. He has also designed and built five custom homes—and remodeled two others—on the Peninsula, completing each new build under budget in an average of seven months.
Neil is also a successful serial entrepreneur who has founded and sold four companies across diverse industries, including education, biotech, manufacturing, and automotive parts. He currently serves on the board of a private equity–backed automotive parts company he both founded and sold.
A Bay Area native, Neil holds a B.S. in Bioengineering from U.C. San Diego.
Connect on LinkedIn.