Real Estate Equity
Our Track Record
Transforming Seniors Housing
Providence's seniors housing investment strategy offers a chance to participate in the revitalization of essential housing for seniors, capturing value for investors while creating better living communities. It complements our lending strategy by tapping into long-term demographic growth rather than short-term credit dislocations.
Fund Overview
how it works
Strategy
The aging population in the U.S. is growing rapidly, and there’s a huge underserved segment of middle-income seniors who seek quality housing that is more affordable than luxury retirement communities.
We invest in these established independent living communities that are underperforming or distressed.
In partnership with Unbridled Living, we create value in four steps: transforming operations, driving occupancy to stabilization, repositioning assets to compete with new construction while maintaining affordable rents, and harvesting value through a cash-out on an individual asset or sub-portfolio basis.
Providence Senior Living Fund offers a chance to participate in the revitalization of essential housing for seniors, capturing value for investors while creating better living communities.
Acquisition criteria
Second-Generation Class A & B Quality Assets
The Fund targets well-located assets with vintage from the 1990s to early 2000s, focusing on second-generation properties in high-growth markets.
Discount to Replacement Cost
Acquire quality assets at significant discounts to replacement cost, with target acquisitions at minimum 30% below current replacement cost.
Clear Path to Value Creation
Target assets with identifiable value creation opportunities including deferred maintenance, outdated amenities, below-market rents, operational inefficiencies, or physical obsolescence that can be economically remediated to achieve market-competitive positioning.
How We Add Value After Acquisition
Providence & UNBRIDLED LIVING
Representative Projects
Unbridled Living & PRovidence
Advantages and Capabilities
A strategic partnership combining institutional capital markets expertise with vertically integrated seniors housing operations to deliver exclusive deal flow,
operational excellence, and superior risk-adjusted returns.
Through operational excellence and value-add propositions, the Providence Capital Group and Unbridled Living are transforming seniors housing by executing on affordable, high-quality senior housing for the rapidly growing demographic of middle-income seniors and providing investors with access to high-growth and income-driven returns.
