Al Silva
VP – Investments
Marcus & Millichap
Al began his career in multifamily investment sales with Marcus & Millichap’s Dallas office 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 developed 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 also earned a National Achievement Award and was recognized as the top private client multifamily producer for Marcus & Millichap in the state of Texas. Al was also recognized by the Dallas Business Journal in 2012 for the year’s best suburban multifamily deal for the sale of the 168 unit Britain Way Apartments in Irving. In 2013, Al earned another National Achievement Award and was named a Top Broker by the Dallas Business Journal. In 2014 Al received another Gold NAA award and was promoted to Senior Director of the National Multi Housing Group, which is the most prestigious designation in the NMHG.
Since joining the firm, Al has successfully closed nearly 10,000 units and over $350 million in investment sales transactions, and in doing so has averaged an industry leading 99.0% 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 currently based out of the Marcus & Millichap Fort Worth office, where he has been the top agent in seven out of eight years since the office opened in 2007. He attended Texas A&M University and remains active in alumni activities. Al is also an active member in the community and is involved with several local real estate organizations, serves on the executive board of the Ronald McDonald House of Fort Worth, and is a member of University Christian Church in Fort Worth.