Winning
Our Strategy


Developments
Providence Developments Criteria

Sites for 180+ units
Ideally we would like cooperation with the current landowner remaining in the deal until the deal closes with HUD (but can be flexible).


Developments
Sites for 180+ Units
HUD Approval necessary
Ideally we would like cooperation from current landowner remaining in deal until deal closes with HUD but can be flexible


Third Party Management
Providence is actively looking to grow its 3rd-Party management platform
Typically 100+ units
A, B, C properties
Southeast, Midwest, Midatlantic, Texas, Florida
We currently have a presence in Birmingham, Huntsville, Little Rock, South Texas, and New Orleans and have experience in Alabama, Florida, Georgia, Louisiana, Arkansas, North Carolina, and Texas

Development
Development Highlights
La Sienna Apartmets, Edinburg, Texas

The La Sienna community of Edinburg, Texas, is now underway. Burns Brothers Development, La Sienna’s parent company, is creating an inspirational community with landscaping and water features, wide boulevards, parks, green spaces, and commercial and office space.
Never has there been a community like La Sienna. Luxurious landscaping, innovative community design, and ideal access to major highways mean this is a decision that can be made with confidence. Our 800-acre setting includes wonderful new subdivisions and private parks with swimming pools and playgrounds, all connected by winding walking trails, lush landscaping, and shimmering ponds.
Canvas Apartments
Investment Highlights
• Located within a high-barrier-to-entry location in the most desirable submarket along the Mississippi Gulf Coast.
• Ocean Springs leads the way when it comes to median household income among communities along the Mississippi Gulf Coast.
• The asset is brand-new and features a top-of-the-market physical plant. The asset is being acquired well below replacement costs (which continue to soar nationally).
• Opportunity to increase rents on second-generation leases.
• Ocean Springs leads the way when it comes to median household income among communities along the Mississippi Gulf Coast.
• The asset is brand-new and features a top-of-the-market physical plant. The asset is being acquired well below replacement costs (which continue to soar nationally).
• Opportunity to increase rents on second-generation leases.

Coming Soon
- Under Development
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