FLEXIBILITY

Because Provident is a private company, the decision-making process is quick and streamlined. This creates an advantage in the marketplace.  We are able to do what institutional investors cannot:

• Restructure unfavorable financial arrangements
• Purchase notes
• Buy properties with “Upside down” financing
• Buy Low Income Housing Tax Credit financed properties
• Buy "B" and "C", not just "A" quality properties
• Buy in secondary or tertiary cities
• Buy distressed properties, portfolios, and note positions
• Buy out-of-favor properties in out-of-favor markets
• Buy portfolios with mixed product types in several geographic markets with varying degrees of quality
• Do creative structures