Province Group employs a variety of proven techniques and strategies in search of suitable acquisition opportunities. These techniques include: relying on a well-developed broker network, the proven ability to identify and enter new markets, unique land search techniques, and working with an extensive consultant network.
Well-established relationships with national homebuilders provide direct deal flow as these companies occasionally move to reduce their raw land holdings. Furthermore, the Company has deep relationships with many real estate industry professionals, which has allowed Province Group to stay at the forefront of deal flow.
Province Group invests only in primary and secondary markets with a focus on projects having a compelling competitive advantage. The company seeks opportunities in core housing markets with favorable immigration, net migration, demographic, and employment trends. These markets are typically in the high-growth western, southern, and sun-belt states. Priority is given to first-time buyer and first-time move-up buyer consumer segments in markets with high barriers to entry and a limited supply of developable land as a result of physical, regulatory, or environmental constraints.