Provident Realty Advisors
Provident Realty Advisors, founded in 1991, has developed over $5.5 billion in real estate projects, specializing in mixed-use, retail, single-family, land development, multi-family, self-storage, industrial, and built-for-rent properties.
Company History
Provident Realty Advisors was founded in 1991, marking its inception in the real estate development industry. Over the years, the company has developed over $5.5 billion worth of real estate projects. Its journey includes launching its first mixed-use development in 1999, from which point it significantly expanded its portfolio. Provident Realty Advisors has consistently developed projects in regions with diversified economies and strong annual net migration, especially in Texas.
Services
Provident Realty Advisors offers a wide range of real estate development services. The company specializes in mixed-use, retail, single-family homes, land development, multi-family units, self-storage, industrial spaces, and built-for-rent properties. With substantial expertise in Tax Increment Reinvestment Zones, Tax Increment Financing, Public Improvement Districts, and 380 Agreements, the company has a strong focus on community and economic development.
Products
The company has a diverse portfolio that includes thousands of acres of single-family master-planned communities in the Dallas / Fort Worth Metroplex, Nashville, and Denver. It has developed dozens of climate-controlled self-storage facilities in cities such as Dallas, Houston, San Antonio, Austin, New Orleans, and Nashville. Notably, it is rapidly expanding in the built-for-rent space through its parcHAUS brand. Provident Realty Advisors is also committed to developing two million square feet or more of industrial space annually for the next five years.
Major Projects
Provident Realty Advisors has an extensive list of significant projects, including Port 99, Magnolia on the Green, Bridges at Flatiron, Auro Commons, Delta Manor, and Maple Court. The company has also developed retail, office, and industrial projects with anchors like Walmart, Target, Lowes, and Albertsons Grocery. Additionally, they are undertaking new warehouse developments in Plano and a 308,270 square foot speculative industrial project in El Paso.
Community Service and Philanthropy
Provident Realty Advisors demonstrates a commitment to community service through its philanthropic endeavors. The company actively engages in charitable activities with organizations like New Horizons, Inc. This commitment to community betterment underscores its broader mission beyond real estate development, focusing on significant social impact.