Alan Pollack

Providence Real Estate acquires apartment communities in infill suburban locations that offer middle-income residents renovated, market-rate apartments that they can afford in communities with strong school systems that would otherwise generally be inaccessible to this middle-income population, known as the U.S. “workforce."​ Not only does access to community resources better the lives of its residents, it lowers operating costs by reducing turnover and increasing occupancy. The Chicago-based Providence began its operations in 1985 and its principals have acquired over 65,000 apartment units worth over $7.5 billion.