Al Silva 240x240

Al Silva
Senior Managing Director, Investments
Marcus & Millichap

Al began his career in multifamily investment sales with Marcus & Millichap’s Dallas office more than fourteen years ago in March 2004. Within a very short time frame, Al was earning recognition both within and outside the firm for exemplary performance in brokerage. In 2006, Al was recognized as a CoStar Power Broker in the Dallas/Fort Worth area. In 2007, Al was promoted to Senior Associate and earned a sales achievement award for outstanding sales performance. During the market downturn between 2008 and 2010, Al redoubled his efforts to assist his clients in navigating a very challenging environment and redeveloped strong relationships as a result, which allowed him to remain highly productive even in the down years. In 2011, Al earned a gold sales achievement award and in 2012 was promoted to Vice President Investments and Director of the National Multi-Housing Group. In 2012, Al was recognized as the top private client multifamily producer for Marcus & Millichap in the state of Texas, and in the same year was recognized by the Dallas Business Journal for the year’s best suburban multifamily deal for the sale of the 168 unit Britain Way Apartments in Irving. In 2013, Al was named a Top Broker by the Dallas Business Journal. In 2014, Al was ranked as the #22 multifamily broker for Marcus & Millichap nationwide and was promoted to Senior Director of the National Multi-Housing Group, which is the most prestigious designation in the NMHG. Between 2012 and 2018, Al has earned an impressive seven consecutive Platinum National Achievement Awards, which are given only to the company’s most productive brokers. In July 2017 he was promoted to Senior Managing Director Investments of Marcus & Millichap and earned a Chairman’s Circle of Excellence Award, which is the most prestigious sales award given to Marcus & Millichap agents. Also in 2017, Al ranked as #1 private client producer for Marcus & Millichap in the state of Texas, the #7 multifamily agent nationwide and the #12 overall agent companywide out of more than 1,800. Capping off a remarkable 2017, Al was recognized by Real Estate Forum Magazine as the #23 Multifamily Broker nationwide across all firms and markets, received a Power Broker award from both CoStar and D CEO Magazine, and was named a top broker in D/FW by Connect Media. He is a regular speaker at local and national multifamily events and conferences.

Since joining the firm, Al has successfully closed nearly 24,000 units and over $1.2billion in investment sales transactions, and in doing so has averaged an industry leading 100.9% closed sales price to asking price ratio. These outstanding results are accomplished as a result of Al’s unique approach to the business using a highly effective combination of sound underwriting principles and a marketing strategy that is specially tailored for each assignment to target the largest pool of qualified buyers for a specific property.

Al is based out of the Marcus & Millichap Fort Worth office, where he has been the top agent in eight out of eleven years since the office opened in 2007. He attended Texas A&M University and remains active in alumni activities. Al is also an emerging leader within the National Multi Housing Council and is an active member in the community and is involved with several local real estate organizations, serves on the executive board for the Fort Worth Metro YMCA and the Ronald McDonald House of Fort Worth, and is a member of the University Christian Church in Fort Worth.