Who we are

Provident is a privately held real estate and investment firm that seeks to provide exceptional risk-adjusted returns to its investor partners through superior execution of opportunistic and value-added strategies.

Since its inception in 1991, PRA has executed a diversified real estate investment and development platform. Currently the $2.9 billion portfolio includes product types such as multifamily, industrial, master-planned communities, hospitality, and data centers across the United States.

Under the leadership of Leon Backes and Jay Hawes, Provident is a  respected, well capitalized investment firm, that has thrived through three decades and multiple market cycles with foresight, depth of experience and a unique ability to adapt to shifting demands, market trends and challenging economic cycles. Provident is in constant pursuit of flexibility, innovation, and professionalism in its operations and investments. By maintaining a streamlined decision making process, Provident is able to capitalize on fast moving opportunities and rapidly adjust to dynamic market forces.