Provident, Trez Launch New RV Park Platform

 Provident Realty Advisors (PRA) and the Dallas-based office of Trez Capital, have debuted Provident’s new luxury RV resort platform with the acquisition of two Texas development sites in Burleson and San Antonio. Branded as Roaming Trails RV Retreat (RTRV), Provident seeks to fill the demand for best-in-class RV accommodations. RTRV Burleson is 15 minutes south of downtown Fort Worth and will have 196 pads on 22 acres, while RTRV Lake Calaveras off US Highway 181 will have 215 pads on 42 acres.

The communities will be gated concrete streets and open space as well as multi-vehicle parking at every pad, back-in and pull-through spots, privacy fenced yards and weatherproof covers. Community amenities include resort pools, package lockers, dog parks, and digital fiber internet.

RTRV marks Trez Capital’s first venture into RV park financing as an asset class, but the parks are Trez Capital’s sixth and seventh projects they have financed with PRA.

Construction on both parks is estimated to begin in quarter four of 2023.