Provident Realty Advisor’s, Inc. offers the following to close the deal:
- Quick contract and due diligence turnaround
- All equity, or debt and equity deal structures
- Flexible and innovative deal structures to meet the needs of the seller.
- Experienced and responsive team throughout the acquisition process.
Types of returns and parameters on income producing properties we are looking to acquire:
- Minimum of double digit cap rates on existing income.
- Acquire properties that are below replacement cost.
- Tenants with rents at or below market.
- Locations with high barrier to entry for new competition.
- Tenants with good credit and strong sales figures.
Provident’s primary strategy is to add value to its investments. This can be accomplished through aggressive lease-up, repositioning the property by changing the tenant profile, changing the use altogether, renovation, or simply good management. Provident is specially positioned to add value, due to its long history and experience as a developer.
Provident is actively seeking opportunities within the following areas:
- Multifamily
- Self Storage
- Office
- Industrial
- Retail
- Land Investments, including residential lots and Master Planned Communities
- Well-located “trophy” commercial properties
- “Change of Use” opportunities
Joint Venture Equity
Provident Realty Advisors, Inc. is always open to establishing strategic partnerships and joint ventures with experienced sponsorships, especially those who are experts in their local markets. Ideal joint venture candidates will meet the following criteria:
- Projects requiring equity investments of $5 to $30 million, with an overall capitalization of $20 to $200 Million.
- An investment period of 1 to 5 years.
- Commercial properties including office, industrial, retail, multi-family, hospitality, mixed-use, residential, self-storage, and data centers.
- U.S. primary and secondary market locations are preferred.