Developments
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
Arbors on the Lake
CURRENT PROPERTY
Arbors on the Lake
New Orleans, LA
Unit - 132
Parham Pointe
CURRENT PROPERTY
Parham Pointe
Little Rock, AR
Unit - 184
Puerto Del Mar Apartments
CURRENT PROPERTY
Puerto Del Mar Apartments
Corpus Christi, TX
Unit - 580
Waterford Landing
PREVIOUS PROJECTS
Waterford Landing
Birmingham, AL
Unit - 220
Wellington Manor
CURRENT PROPERTY
Wellington Manor
Birmingham, AL
Unit - 312
The Retreat at Greystone
PREVIOUS PROJECTS
The Retreat at Greystone
Birmingham, AL
Unit - 240
Eagle Pointe Apartments
PREVIOUS PROJECTS
Eagle Pointe Apartments
Durham, NC
Unit - 223
Heritage Apartment Homes
PREVIOUS PROJECTS
Heritage Apartment Homes
Pensacola, FL
Unit - 194
Stone Crossing
PREVIOUS PROJECTS
Stone Crossing
Huntsville, AL
Unit - 256
Hunters Pointe
PREVIOUS PROJECTS
Hunters Pointe
Pensacola, FL
Unit - 204
Woodstream Apartments
PREVIOUS PROJECTS
Woodstream Apartments
Fayetteville, NC
Unit - 202
Edinburg, Texas
CURRENT PROPERTY
Edinburg
La Sienna Parkway, TX
Unit - 288
Canvas Apartments
Under Development
Canvas Apartments
Ocean Springs, MS
Unit - 152
Coming Soon...
Avalon Kemah
UNDER DEVELOPMENT
Avalon Kemah
Houston. TX
Unit - 198
Coming Soon...
Rancho Santa Fe
UNDER DEVELOPMENT
Rancho Santa Fe
Santa Fe, NM
Unit - 360, Phase 1 - 156 Units, Phase 2 - 204 Units
Coming Soon...
City Block Apartments
UNDER DEVELOPMENT
City Block Apartments
Wilmington, NC
Unit - 168, Phase 1 - Built, Phase 2 - Under construction
Coming Soon..
The Oaks at Grants Mill
UNDER DEVELOPMENT
The Oaks at Grants Mill+
Birmingham, AL
Unit - 264
Coming Soon..
The Lenox
PREVIOUS PROPERTIES
The Lenox
Augusta, GA
Unit - 190
Tree Haven
PREVIOUS PROPERTIES
Tree Haven
Huntsville, AL
Unit - 71
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