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.

Provident Data Centers

At Provident Data Centers, headquartered in Dallas, TX, we are dedicated to building strong, community-focused partnerships while delivering state-of-the-art data center solutions. A division of Provident, a trusted real estate and investment firm with over 30 years of experience, we specialize in creating advanced data centers for enterprise, hyperscale, and telecom clients. With a nationwide presence and more than 50 facilities powering 3.8 GW across the U.S., Provident Data Centers oversees every aspect of development, ensuring efficient, scalable, and innovative solutions tailored to meet the evolving needs of our clients.