Jun 29, 2017
Al Silva has successfully closed nearly 15,000 units and over
$600 million in investment sales transactions and in doing so has
averaged an industry leading 99.6% closed sales price to asking
price ratio. Al is currently based out of the Marcus & Millichap
Fort Worth office, where he has been the top agent in seven out of
nine years since the office opened in 2007.
You think it’s tough to be awarded a deal by the seller… Al
comments on how difficult it is even for a listing agent to win the
opportunity to list a property for the seller. Al believes that
overall transactional volume will be down 10% in 2017 compared to
2016. He sees that as a blip on the road, when you compare how hot
the apartment market has been for the last few years. Al has seen a
large increase of international buyers coming into the Dallas/ Fort
Worth market. Al comments on what submarkets he likes in the DFW
area. If you are a buyer, Al has advice on how you should bid on a
property transaction on the tangibles and some of the intangibles
needed to win.
To get in contact with Al Silva:
al.silva@marcusmillichap.com
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FUNDAMENTALS OF MULTIFAMILY FINANCING 101 and to learn more about
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Michael's Real Estate Syndication business with SPI Advisory
LLC.