About us

The principals of Provident Real Estate Ventures, Irvin Kessler and Phillip Jaffe, have combined hedge fund expertise with real estate acumen to build Provident Real Estate Ventures. Provident’s investment approach capitalizes on a broad platform of seasoned professionals whose experience span all phases of property investments, developments, asset management and sales.

OUR MISSION

To acquire and operate commercial real estate assets that generate excellent risk-adjusted returns with the preservation of capital being our first priority.

DEVELOPMENT OVERVIEW

INDUSTRIAL PORTFOLIO
Arizona
  • Riverside 43 – 250,043 SF (SOLD)
  • PV 303/Business Park – 366 acres
  • Tolleson 94 – 186,336 SF (SOLD)
  • Ball Warehouse – 160,000 SF (SOLD)
  • Ball Corporation – 494,471 SF (SOLD)
  • Daimler Trucking building – 263,696 SF (SOLD)
  • PLC Development Phase One & Two – 750,000 SF
  • Merit Sky Harbor Industrial Park, – 900,000 SF
  • Murphy Warehouse – 250,000 SF
  • Glendale Industrial Park – 350,000 SF
Indianapolis
  • Gary Industrial Park – 700,000 SF +40 acres
Minnesota
  • Eden Prairie Industrial Portfolio – 373,000 SF (SOLD)
  • 4900 Building, New Hope – 86,430 SF (SOLD)
South Carolina
  • Hardeeville Industrial Park – 77.37 acres / 450,000 SF

See our properties

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RV RESORTS / RV STORAGE / RV CAR WASH
Arizona
  • Verde Ranch RV Resort & Rental Cottages, Camp Verde
  • Verde Ranch Car/RV Wash, Camp Verde
  • River Sands RV Resort & Rental Cottages, Ehrenberg
  • Verde Ranch RV Storage, Camp Verde – 526 RV Storage Units
  • Grand Wash (Express Tunnel Car/RV Wash), Peoria
Oregon –
  • Timber Cove Estates RV Storage, Coos Bay
South Carolina –
  • Savannah Lakes RV Resort & Rental Cottages, Hardeeville
  • Savannah Lake Boat / RV Storage, Hardeeville
California –
  • Coachella Lakes RV Resort & Rental Cottages, Coachella

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MULTI FAMILY / MH NEIGHBORHOOD
Arizona
  • Verde Ranch Estates, MH Neighborhood, Camp Verde
Illinois –
  • 23 S Sangamon Condominium Development – Chicago
  • 5 Chicago Affordable Housing Projects – 135 +/- units
Minnesota –
  • The Legacy – 375 Condominium Development, Minneapolis, (SOLD)

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LAND DEVELOPMENT OPPORTUNITIES
Arizona –
  • Buckeye Industrial Park, Buckeye – 100 acres
  • Allen Ranches, Phoenix – +570 acres
Texas –
  • Dry Creek Ranch, Austin – 397 acres
Indiana –
  • Gary – 40 acres

See our properties

HOTELS / LUXURY RESORTS
Chileno Bay Resort & Residences –  Los Cabos, Mexico
Kimpton Kawana Bay Resort – Grenada West Indies
Motor Row Hotel – Chicago, IL

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OTHER INVESTMENTS
Mayo Clinic Square Redevelopment  – 222,192 SF, Mpls, MN (SOLD)
AutoMotorPlex  – 12 building luxury car condominiums, Medina, MN
Broadcast Museum Office Redevelopment – Chicago, IL
Parking Ramps – Mpls, MN (SOLD)
  • Centre Village/Loring/Gateway
  • Ramada/Orpheum Block
  • Downtown East
Waterford Shopping Center – Plymouth, MN (SOLD)

See our properties

Provident Real Estate Venture’s current business model is to be the equity source for development partners in targeted markets.  Its philosophy is to partner with developers in higher growth markets who can successfully source off-market opportunities.

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MAYO CLINIC SQUARE

Congratulations Mayo Clinic Square – Finance & Commerce Top Project Honoree.