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Puerto Rico is Open for Business: AG&T Helping Lead the Conversation on Investment and Economic Growth

 

Representing AG&T, Principal Adam Greenfader participated alongside an influential panel that included:

  • Ricardo Álvarez, President of Álvarez-Díaz & Villalón and President of the Puerto Rico Builders Association
  • Manuel Laboy, Secretary of the Puerto Rico Department of Economic Development and Commerce
  • Denisse Flores, Director of BDO Puerto Rico
  • Daniel Acosta, Senior Vice President, McCormack Baron Salazar
  • José Izquierdo, Executive Director of the Puerto Rico Tourism Company

The luncheon attracted a strong audience of institutional investors, developers, lenders, and real estate professionals. Remarkably, nearly half of those attending had either previously invested in Puerto Rico or were actively exploring opportunities on the island—a clear indication that Puerto Rico had once again become a priority market for the real estate and investment community.

A Turning Point for Puerto Rico

The panel shared a consistent and optimistic message: after nearly a decade of economic challenges, Puerto Rico had reached an important inflection point. The consensus among both public and private sector leaders was that the island had established a foundation for renewed economic growth and long-term investment.

Several key factors were identified as driving this transformation:

  • Fiscal stability through the approval of the federally established Fiscal Oversight framework, providing greater financial discipline and confidence for investors.
  • A pro-growth economic agenda led by Governor Ricardo Rosselló’s administration, focused on attracting private investment, streamlining development, and expanding economic opportunity.
  • Competitive tax incentives, including Acts 20 and 22 (now incorporated into Act 60), which had already attracted more than 1,000 entrepreneurs, investors, and high-net-worth individuals seeking to establish residency and grow businesses in Puerto Rico.

AG&T’s Role

As one of the Caribbean’s leading real estate development and advisory firms, AG&T has long recognized Puerto Rico’s strategic advantages. The firm has advised developers, institutional investors, lenders, and public agencies on investment opportunities throughout Puerto Rico and the broader Caribbean, helping clients navigate market cycles while identifying long-term value.

AG&T’s participation in forums such as the ULI conference reflects the firm’s commitment to connecting capital with opportunity. By working alongside government leaders, industry organizations, and private investors, AG&T continues to play an active role in promoting responsible development, encouraging investment, and supporting Puerto Rico’s economic resurgence.

For AG&T, the message delivered at the conference remains as relevant today as it was then: Puerto Rico possesses world-class talent, a strategic U.S. location, attractive investment incentives, and significant untapped potential. With the right vision and execution, the island represents one of the most compelling real estate and economic development opportunities in the Caribbean.

Since this event, AG&T has continued to expand its advisory and development work throughout Puerto Rico and the Caribbean, building on decades of experience and a track record spanning more than 55 real estate projects across the region.