Providence Investments

CREATE ENDURING WEALTH FROM THE HISTORIC SHIFT TO MULTIFAMILY HOUSING

Wealth Creators

Who We Are

5/5
Providence Investments was founded by John Mejia, a native New Yorker and a seasoned real estate professional
whose personal principles are to deliver trustworthy and solid real estate solutions while providing sound strategic investment opportunities. John currently has over $500MM in acquisition and development transactions, with superb returns and a proven track record. From his first apartment purchase in 2012, John’s related entities have been involved with over 4,000 apartment units in the Southeast. In addition, he has developed Providence’s property management platform capable of servicing more than 10,000 units.

Solutions

Why Invest With Us

Multifamily Investments

Providence Investments is a privately held investment firm focused on stable, income producing multi-family opportunities in emerging U.S. markets. We target high yield passive cash flow and long-term capital appreciation through strategic acquisition, development and superior asset management
Our Approach
Our success and reputation is based on our conservative approach to meet our investment criteria and our growing portfolio of properties. Our goal is to provide superb returns to all of our accredited investors, institutional partners and other potential investors.

Property Management

Providence Investments is currently accepting third-party management clients which meet our eligibility criteria. Submit a management inquiry for qualifying single assets or portfolios.

Multifamily Investment

Providence Investments is a privately held investment firm focused on stable, income producing multi-family opportunities in emerging U.S. markets. We target high yield passive cash flow

Development

Our vision is set in collaborating with developers and property managers to create preeminent relationships and long-lasting efficiencies throughout a property’s lifecycle,

Process

How it Works

About

Investment Strategy

Providence Investments invests in markets with a balanced population growth, high tenant demand, key demographics, strong leadership and employment growth, which has proven to be the winning formula in our investment strategy.
We focus on primary and secondary markets in Southeastern states, including Alabama, Georgia, Florida, North Carolina and in a few northern and midwestern states with barriers to entry. These principles have allowed Providence Investments and its partners to flourish and outperform the toughest economic market in history.
Through the acquisition of properties within locations of strong economic drivers, we add value by acquiring multifamily investment opportunities in prime and growing areas well below replacement cost, improving management efforts, and controlling operations to maximize value and returns.
– Class Assets (A to C)
Management restructuring, property reposition, and a varied approach from past owners
– Equity Requirements of 20-30%
– Acquisition below Replacement Cost
– Projected IRR exceeding 15% over a Hold and Sale Period of 5-7 years
– Minimum unit size of 150 units
– Stabilized Assets with Value-Add Opportunities
Our Exit strategy is clear and concise, always keeping in mind our initial target return on investment.
Sale of the asset at the predetermined time
Combined sale as a portfolio to yield higher return
Refinancing the property
Recapitalization of the property

VISION

Our Mission

Our dedication and passion is to diligently seek large apartment investment opportunities in key capital markets with high potential yield returns that exceed the expectations of our investors and partners in any economic cycle.

Our standard is to conduct business with the utmost integrity and vision, never sacrificing our conservative approach.

We continuously strive to provide the highest return possible on investment for our partners and private investors.

Opportunities

Current Offering

Arbors on the Lake
New Orleans, LA
Enjoy a splendid and carefree lifestyle at Arbors On The Lake Apartments in New Orleans, LA. Located on Hayne Boulevard.
Parham Pointe
Little Rock, AR
Parham Pointe is a gated community that features a swimming pool, gardens, and a clubhouse.
Wellington Manor
Birmingham, AL
Our one, two and three bedroom apartment homes offer the comfort and convenience of suburban living
La Sienna Apartments
La Sienna Parkway, TX
Eagle Pointe Apartments
Durham, NC
Heritage Apartment Homes
Pensacola, FL
Four Decades of Expertise
Providence Investments focuses on delivering high returns to our partner investors in all targeted capital markets. We have years of experience with multi-million-dollar complex repositioning projects and large multifamily developments. You can be confident that with Providence Investments and its affiliated partners, your investments are in the hands of highly motivated and knowledgeable real estate professionals.
Providence Investments concentrates on existing apartment assets in strategic US markets where the potential exists to add value over a 5 to 7-year hold. We continuously strive to provide the highest return possible on investment for our partners and private investors.

Happy Clients

Client's Testimonial

John and his team do an excellent job creating a desirable cash flow for investors. In all my years, this is one team that has truly delivered a great experience for apartment investments.

Keeley M. Lorem ipsum dolor sit amet

Working with a company that not only makes sound investments but operates with honesty and integrity is invaluable. I have invested with Providence for the past nine years and could not be more pleased.

David H. Lorem ipsum dolor sit amet

    Our Experts

    Meet Our Team

    John Mejia

    Founder

    John Doe

    Consultant Solicitor

    John Doe

    Consultant Solicitor