About

Selectivity

Since 1991 Provident Realty Advisors and our investor partners have developed over $5 Billion of real estate projects. We are disciplined and focused on executing deals that offer the best strategy for PRA and our investor partners.

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Creativity

The creativity and vision of our founder, Leon Backes, is the foundation of the firm and will continue to guide our strategy in selecting projects. We are known for a willingness to look where others may not. PRA is an agile and adaptive firm prepared to capitalize on shifting demands and trends in the market.

Meaningful Deal Flow for Our Investors.
Our reputation for integrity and execution provides PRA access to multiple opportunities to choose from each year.

PARTNERS

Throughout our history, we have developed projects and produced returns that out-perform the industry average and have built collaborative relationships with our financial partners. By establishing longstanding, meaningful relationships, we are a reflection of the individuals and institutions that choose to invest with us.

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Mission Statement

Our Mission is to intelligently pursue real estate opportunities that provide exceptional potential for investor return while adding to the overall quality of life for those who live and work in them.

  1. Transparency - Good or bad news, we will always tell our investor partners the truth.
  2. Collaboration - We are only going to achieve our goals if everyone works together towards the success of the project.
  3. Quality - We hold ourselves to the highest standards of workmanship.
  4. Respect - We treat every person inside and outside of our organization with the utmost respect
  5. Reward Effort - Create a culture where people can thrive professionally in direct proportion to their willingness to work hard and take initiative.
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SERVICES

Opportunity Evaluation

PRA has developed for a keen eye for highly productive opportunities across multiple real estate product types

Acquisition Sponsorship

We partner with persons who source opportunities to help them acquire and develop property they otherwise would not have the expertise or balance sheet to perform on.

Debt Structure Negotiation

An experienced team of financial professionals with the ability to agree to favorable terms for our investor partners

Transaction Closing

A 92% closing rate for our sponsored projects is among the best in the industry

Asset Management

A strong team to execute the investment strategy and create long term value for our projects

EXECUTIVE TEAM

Leon Backes

Leon J. Backes

Founder & CEO

Leon founded Provident in 1991, following twelve years at predecessor firms. Leon launched Provident with a distressed asset strategy, by purchasing large land parcels from the Resolution Trust Corporation (the “RTC”). Provident was able to acquire a portfolio of over eighty (80) large land parcels, in addition to several distressed subdivisions, which enabled Provident to establish itself as a successful development and real estate investment firm.

Julian Hawes

Jay Hawes

President

Jay joined us in 2001 from Blackstone, initially expanding our master–planned residential division. Becoming a principal of the firm. Jay has been involved in numerous subdivisions, multifamily, office, retail and hospitality investments. Jay actively manages our investment activity and the day to day operations of the firm.

Brent Wille

Brent Wille

Chief Financial Officer

Joining Provident in 2015 as CFO, Brent is focused on the financial matters of our business, including the management of lender relationships, in addition to overseeing our accounting, asset management, corporate services, financial reporting, tax and investor relations.

Stuart Fink

Stuart Fink

Managing Director of Investments

The newest member of the executive team, Stuart joined Provident in January of 2019. Most recently Stuart served as Director for a Municipal Finance Investment Firm. Prior to that, Stuart has decades of experience at GE Capital and Invesco Real Estate. He focuses on Provident projects that may include incentives, special districts, opportunity zones and complex capital structures.

Acquisitions Team

Jeff Johnston

Executive Director, Retail & Industrial Acquisitions

Kip Platt

Executive Director, Acquisitions

Mark Miller

Executive Director, Acquisitions

Case Van Lare

Director, Acquisitions

Mason Miller

Director, Acquisitions

Nick Farris

Director, Acquisitions

Development Team

Matt Harris

Managing Director of Multifamily

Dave Holland

Executive Director, Multifamily & Single Family for Rent

John Hickman

Director, MultiFamily Development

Basil Koutsogeorgas

Director, MultiFamily Development

Thomas Hill

Director, Single Family for Rent Development

John Bunten

Executive Director, Industrial Development

Richard Byrd

Director, Master Planned Communities & Self Storage

Jerry Jackson

Director, Development

Rylan Yowell

Director, Master Planned Communities

Scott Morway

Director, Land & Retail Development

Chris Anderson

Director, Retail & Mixed Use Development

Brian Morton

Associate, Construction & Renovations

Paul Knowlton

Independent Land Development Broker

Asset Management

Michele Langenberg

Managing Director of Asset Management

Dorothy Parks

Director, Asset Management

Regina Segneri

Associate, Asset Management

Julie Valley

Associate, Asset Management

Underwriting Team

Vinny Nguyen

Managing Director of Underwriting

Doug Backes

Director, Underwriting

David Shipman

Associate, Underwriting

Michael Decker

Associate, Underwriting

Accounting Team

Stephanie Stewart

Managing Director of Accounting

Lisa Gann

Assistant Controller

Kamille Grey

Accounting Manager

Karen Harris

Senior Accountant

Hannah Geller

Senior Accountant

Taylor Watson

Senior Accountant

Iris Morrison

Project Accountant & Banking Coordinator

Samantha Mata

Project Accountant

Taylor Cox

Financial Accounting Analyst

Hailey Tramel

Staff Accountant

Keiara Denman

Staff Accountant & Accounts Payable

Capital Markets

Michael Denton

Managing Director of Capital Markets

Brock Bridges

Director, Capital Markets

Texas Resources Team

Ben Helms

Managing Director of Oil and Gas

Ben Fichtenbaum

Director, Oil and Gas

Thomas Decker

Associate, Oil and Gas

Marketing

Kristen Simpson

Director, Marketing

Office & Administration Team

Courtney Morehead

Human Resources Manager

Lisa Bufkin

Executive Assistant to Leon Backes & Office Manager

Kayla Finstein

Administrative Assistant

Tana Adame

Administrative Assistant

Doug Carlisle

IT Specialist

CULTURE

We are committed to improving the quality of life in a community by creating high quality, livable and beautiful spaces for people to live and work in.

Philanthropy

PRA is committed to community service through ourphilanthropic endeavors with New Horizons. Inc.

Along with his wife, Jane, and the dedicated volunteers at PRA, Leon has served on the Board of Directors for 20+ years and has hosted an annual golf tournament for the past 18+ years to raise money to better the lives of the kids at New Horizons. In addition to the tournament, PRA also sponsors an annual back to school supply drive as well as an annual toy drive during the Holidays.

New Horizons, Inc., a T. Boone Pickens Foundation, was founded in 1971 as a residential treatment center for emotionally disturbed youths on a 150-acre ranch in Goldthwaite, TX. For the past 45 years, New Horizons has been dedicated to helping children in need.

Today, New Horizons provides counseling and specialized treatment to children and families who are suffering from emotional trauma due to abuse and neglect in two locations, The Ranch in Goldthwaite and The Audrey Grace House in Abilene. New Horizons also operates its own foster care network to ensure proper care of the child after leaving either of the facilities.

To learn more about New Horizons., Inc., please visit www.newhorizonsinc.com.