Provident Realty Advisors is a privately-held, fully integrated developer of multi-family housing, retail, self-storage, resort, land investment and single family communities. The company was founded in 1991 by Leon J. Backes to capitalize on attractive real estate investment fundamentals identified by his expert team across a broad range of product types. Provident’s investment strategy is based upon expert market timing, supported by extensive market research and disciplined financial underwriting. Following this strategy, Provident has successfully created value from real estate through both insightful development as well as investment opportunities. Over the past 15 years, Provident and our affiliates have developed quality projects across our business lines while building highly talented, specialized entrepreneurial teams with the skills necessary for industry leadership. Collectively, Provident teams have more than 100 years experience in the development activities we undertake and markets we serve. Provident’s in-depth experience across many real estate disciplines enables the company to successfully pursue diverse opportunities and to react to changing business environments as they occur. Because development, construction lease-up, and asset disposition cycles complement one another, Provident operates our various business units with focus on long-term profits and consistent cash flows. Provident’s financial partners and lenders include some of the most esteemed institutions in the industry, a testament to both Provident’s track record as well as our prospects for continued success. |