Provident invests deal by deal. Before there is an offering to evaluate, we want prospective investors to understand who we are, how we think and what we look for. Joining the Investor Network is simply the first step in that relationship.
Joining the Investor Network is not a commitment to invest and is not an offer of securities.
Provident is designed for individuals and families who are interested in private multifamily real estate but do not want the day-to-day responsibility of sourcing properties, arranging debt, overseeing renovations, managing property operations or executing an exit. Our role is to sponsor and manage the deal; your role is to decide whether a specific opportunity fits your own objectives and risk tolerance.
Complete a short investor-interest form so we can understand your background and interests.
We discuss Provident’s strategy, your objectives and whether there is a potential fit.
When an appropriate offering is available, eligible investors may receive the applicable offering materials and diligence information.
You evaluate that specific investment and decide whether to participate. There is no obligation to invest simply because you joined the network.
Participating investors receive communications and reporting in accordance with the deal’s governing documents and operating process.
Provident expects to sponsor individual multifamily acquisitions through deal-specific LLCs. Investment eligibility, minimums, economics, distribution policy, fees, liquidity and risk are determined separately for each offering and described in the applicable legal documents.
Each multifamily acquisition is expected to be structured separately, with eligibility, economics, fees, distributions, liquidity and risk defined by the applicable offering documents.
Provident currently anticipates that many offerings will have a minimum investment of approximately $50,000, although the actual minimum may be higher or lower depending on the specific deal and its offering documents.
Our value-add business plans are generally developed around an approximately two-year target horizon, but actual hold periods may be shorter or longer and no exit date is guaranteed.
Because Provident has not yet selected Rule 506(b) versus Rule 506(c), securities counsel should approve the public Investor page, investor form, eligibility language, and any publication of minimum-investment or target-hold information before launch.
Provident takes a relationship-first approach to private real estate investing. Before evaluating a specific opportunity, we want prospective investors to understand who we are, how we think and the type of multifamily investments we pursue.
Tell us a little about yourself, your experience and what you are looking for from private real estate. This helps Kevin and the Provident team better understand your objectives and determine whether there may be a potential fit for future deal-specific conversations.
Share your background, investment interests and general objectives through the form.
Kevin or a member of the Provident team will follow up to introduce the firm, discuss our approach and learn more about what you are looking for.
If an appropriate offering becomes available, eligible investors may receive deal-specific information to review independently.
Tell us a little about yourself. This form is for relationship-building and general investor interest only; it is not a subscription agreement or an offer to invest.