Marcus & Millichap

Al Silva

Overview

 Al began his career in multifamily investment sales with Marcus & Millichap’s Dallas office more than twelve 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 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 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 2016, Al has earned an impressive five consecutive Platinum National Achievement Awards, which are given only to the company’s most productive brokers. In August 2016 he was promoted to First Vice President Investments of Marcus & Millichap.

Since joining the firm, Al 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. 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 nine 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 Fort Worth Metro YMCA and the Ronald McDonald House of Fort Worth, and is a member of University Christian Church in Fort Worth.
 

Fort Worth
Al Silva

Al Silva

First Vice President Investments
Tel: (817) 932-6134
Fax: (682) 478-1210

License:  TX  0520157

Associate Director - Special Asset Services Group
Senior Director - National Multi Housing Group

Promoted to Associate in December, 2005
Promoted to Senior Associate in October, 2007
Promoted to Vice President Investments in July, 2012
Promoted to First Vice President Investments in July, 2016

Texas A & M, B.A. in Finance, 2003

National Achievement Award - 2016, 2015, 2014, 2013, 2012
Sales Recognition Award - 2016, 2015, 2014, 2013, 2012, 2011, 2007

Transactions Closed

  • Plano Pediatric Medical Pavilion

    Plano Pediatric Medical Pavilion

    Office Medical

    Plano, TX
    Cap Rate: 8.29%

  • Southern Oaks

    Southern Oaks

    Multifamily

    Fort Worth, TX
    Size: 198,266 sqft
    Size: 248 units

  • Somerset Apartment Homes

    Somerset Apartment Homes

    Multifamily

    Fort Worth, TX
    Size: 264 units

  • The Brentwood

    The Brentwood

    Multifamily

    Fort Worth, TX
    Size: 272,198 sqft
    Size: 292 units
    Cap Rate: 6.86%

  • The Colonnade

    The Colonnade

    Multifamily

    Grand Prairie, TX
    Size: 196,056 sqft
    Size: 192 units

  • Stratton Park Apartment Homes

    Stratton Park Apartment Homes

    Multifamily

    Fort Worth, TX
    Size: 264 units

  • Mandalay Palms

    Mandalay Palms

    Multifamily

    Dallas, TX
    Size: 436,164 sqft
    Size: 600 units
    Cap Rate: 3.94%

  • Garden Gate - Fort Worth

    Garden Gate - Fort Worth

    Multifamily Tax Credit

    Fort Worth, TX
    Size: 194,400 sqft
    Size: 240 units

  • Woodlands of Arlington

    Woodlands of Arlington

    Multifamily

    Arlington, TX
    Size: 243,744 sqft
    Size: 264 units
    Cap Rate: 6.79%

  • Trinity Palms

    Trinity Palms

    Multifamily

    Dallas, TX
    Size: 411,884 sqft
    Size: 506 units
    Cap Rate: 7.51%

  • Villas Del Sol & Wedgewood

    Villas Del Sol & Wedgewood

    Multifamily

    Fort Worth , TX
    Size: 197,600 sqft
    Size: 222 units
    Cap Rate: 6.12%

  • Villa Bonita

    Villa Bonita

    Multifamily

    Dallas, TX
    Size: 197,816 sqft
    Size: 232 units
    Cap Rate: 8.36%

  • McKinney Park

    McKinney Park

    Multifamily Tax Credit

    Denton, TX
    Size: 231,700 sqft
    Size: 250 units

  • The Ridge

    The Ridge

    Multifamily

    Fort Worth, TX
    Size: 172,464 sqft
    Size: 208 units
    Cap Rate: 6.53%

  • Ridgmar Square

    Ridgmar Square

    Multifamily

    Fort Worth, TX
    Size: 312,114 sqft
    Size: 332 units
    Cap Rate: 7.90%

  • Cornerstone Apartments

    Cornerstone Apartments

    Multifamily

    Dallas, TX
    Size: 154,068 sqft
    Size: 209 units
    Cap Rate: 6.80%

  • Havenwood

    Havenwood

    Multifamily

    Fort Worth, TX
    Size: 268,200 sqft
    Size: 316 units
    Cap Rate: 7.47%

  • Wexford Townhomes

    Wexford Townhomes

    Multifamily

    Duncanville, TX
    Size: 131,951 sqft
    Size: 122 units
    Cap Rate: 6.90%

  • Basswood Manor

    Basswood Manor

    Multifamily

    Lewisville, TX
    Size: 191,196 sqft
    Size: 212 units
    Cap Rate: 8.94%

  • Villas at Montierra

    Villas at Montierra

    Multifamily

    Dallas, TX
    Size: 262,236 sqft
    Size: 357 units
    Cap Rate: 8.14%

  • Valencia Palms

    Valencia Palms

    Multifamily

    Fort Worth, TX
    Size: 204,262 sqft
    Size: 263 units
    Cap Rate: 3.63%

  • Londonderry Apartments

    Londonderry Apartments

    Multifamily

    Fort Worth, TX
    Size: 185,500 sqft
    Size: 240 units
    Cap Rate: 5.60%

  • The Brentwood

    The Brentwood

    Multifamily

    Fort Worth, TX
    Size: 272,198 sqft
    Size: 292 units
    Cap Rate: 7.19%

  • The Gables of Notting Hill

    The Gables of Notting Hill

    Multifamily

    Hurst, TX
    Size: 158,440 sqft
    Size: 175 units
    Cap Rate: 5.23%

  • Hidden Oaks

    Hidden Oaks

    Multifamily

    Dallas, TX
    Size: 184,292 sqft
    Size: 208 units
    Cap Rate: 7.44%

  • North Oak

    North Oak

    Multifamily

    Irving, TX
    Size: 104,696 sqft
    Size: 132 units
    Cap Rate: 6.56%

  • The Gables of Notting Hill

    The Gables of Notting Hill

    Multifamily

    Hurst, TX
    Size: 158,440 sqft
    Size: 176 units
    Cap Rate: 7.71%

  • Surrey Oaks

    Surrey Oaks

    Multifamily

    Bedford, TX
    Size: 116,480 sqft
    Size: 152 units
    Cap Rate: 7.08%

  • Desert Sands

    Desert Sands

    Multifamily

    HALTOM CITY, TX
    Size: 135,962 sqft
    Size: 346 units
    Cap Rate: 2.11%

  • Castlewinds

    Castlewinds

    Multifamily

    North Richland Hills, TX
    Size: 120,996 sqft
    Size: 156 units
    Cap Rate: 7.35%

  • Toscana Villas

    Toscana Villas

    Multifamily

    Bedford, TX
    Size: 122,752 sqft
    Size: 160 units
    Cap Rate: 6.12%

  • Lakefront Villas

    Lakefront Villas

    Multifamily

    Richardson, TX
    Size: 92,504 sqft
    Size: 105 units
    Cap Rate: 5.93%

  • Villa Gardens

    Villa Gardens

    Multifamily

    Farmers Branch, TX
    Size: 125,578 sqft
    Size: 142 units
    Cap Rate: 8.86%

  • Copper Creek

    Copper Creek

    Multifamily

    Fort Worth, TX
    Size: 206,036 sqft
    Size: 274 units
    Cap Rate: 7.11%

  • Serrano Ranch

    Serrano Ranch

    Multifamily

    Fort Worth, TX
    Size: 147,600 sqft
    Size: 191 units
    Cap Rate: 7.76%

  • Park Row East

    Park Row East

    Multifamily

    Arlington, TX
    Size: 186,492 sqft
    Size: 205 units
    Cap Rate: 8.14%

  • Woodstone Apartments

    Woodstone Apartments

    Multifamily

    Fort Worth, TX
    Size: 135,168 sqft
    Size: 200 units
    Cap Rate: 7.22%

  • The Meadows

    The Meadows

    Multifamily

    Lancaster, TX
    Size: 109,920 sqft
    Size: 120 units
    Cap Rate: 7.97%

  • Beaumont Fountain Plaza

    Beaumont Fountain Plaza

    Shopping Strip

    Beaumont , TX
    Size: 23,524 sqft
    Cap Rate: 8.65%

  • La Costa Townhomes

    La Costa Townhomes

    Multifamily

    Irving, TX
    Size: 71,888 sqft
    Size: 88 units
    Cap Rate: 7.02%

  • Pine Ridge Apartments

    Pine Ridge Apartments

    Multifamily

    Arlington, TX
    Size: 84,210 sqft
    Size: 114 units
    Cap Rate: 6.84%

  • Woodtrail

    Woodtrail

    Multifamily

    Dallas, TX
    Size: 199 units
    Cap Rate: 4.24%

  • Mayan Palms

    Mayan Palms

    Multifamily

    Dallas, TX
    Size: 187,690 sqft
    Size: 208 units
    Cap Rate: 9.72%

  • Britain Way

    Britain Way

    Multifamily

    IRVING, TX
    Size: 124,080 sqft
    Size: 168 units
    Cap Rate: 8.47%

  • Casa Villa

    Casa Villa

    Multifamily

    Ft. Worth, TX
    Size: 132,880 sqft
    Size: 140 units
    Cap Rate: 8.36%

  • Sonora Palms

    Sonora Palms

    Multifamily

    Dallas, TX
    Size: 110,280 sqft
    Size: 160 units
    Cap Rate: 8.38%

  • North Oak

    North Oak

    Multifamily

    Irving, TX
    Size: 104,696 sqft
    Size: 132 units
    Cap Rate: 8.28%

  • Singing Oaks

    Singing Oaks

    Multifamily

    Denton, TX
    Size: 108,700 sqft
    Size: 126 units
    Cap Rate: 10.08%

  • Bedford Hills

    Bedford Hills

    Multifamily

    Bedford, TX
    Size: 90,578 sqft
    Size: 84 units
    Cap Rate: 8.21%

  • Deer Creek

    Deer Creek

    Multifamily

    Dallas, TX
    Size: 62,976 sqft
    Size: 104 units
    Cap Rate: 6.00%

  • Sienna Palms

    Sienna Palms

    Multifamily

    Dallas, TX
    Size: 127,408 sqft
    Size: 152 units
    Cap Rate: 5.98%

  • Mayan Palms

    Mayan Palms

    Multifamily

    Dallas, TX
    Size: 187,690 sqft
    Size: 208 units
    Cap Rate: 0.32%

  • Autumn Brook/Winding Way

    Autumn Brook/Winding Way

    Multifamily

    Dallas, TX
    Size: 69,638 sqft
    Size: 110 units
    Cap Rate: 7.64%

  • La Plaza

    La Plaza

    Multifamily

    Fort Worth, TX
    Size: 121,256 sqft
    Size: 168 units
    Cap Rate: 12.49%

  • Woodglen Apartments

    Woodglen Apartments

    Multifamily

    Fort Worth, TX
    Size: 144,208 sqft
    Size: 168 units
    Cap Rate: -3.47%

  • Cambridge Square

    Cambridge Square

    Multifamily

    Dallas, TX
    Size: 93,770 sqft
    Size: 122 units
    Cap Rate: 7.54%

  • Candle Chase Apartments

    Candle Chase Apartments

    Multifamily

    Fort Worth, TX
    Size: 102,152 sqft
    Size: 116 units
    Cap Rate: 3.40%

  • Woodwind Condominiums

    Woodwind Condominiums

    Multifamily

    Irving, TX
    Size: 51,423 sqft
    Size: 52 units
    Cap Rate: 6.67%

  • Travis Gardens

    Travis Gardens

    Multifamily

    Fort Worth, TX
    Size: 58,570 sqft
    Size: 77 units
    Cap Rate: 7.98%

  • Metker Place

    Metker Place

    Multifamily

    Irving, TX
    Size: 62,400 sqft
    Size: 88 units
    Cap Rate: 9.85%

  • Davis Shopping Center

    Davis Shopping Center

    Shopping Strip

    Mesquite, TX
    Size: 14,200 sqft
    Cap Rate: 8.46%

  • Wyndham Pointe

    Wyndham Pointe

    Multifamily

    Fort Worth, TX
    Size: 157,418 sqft
    Size: 194 units
    Cap Rate: 11.53%

  • Kaufman Place

    Kaufman Place

    Multifamily

    Ennis, TX
    Size: 47,536 sqft
    Size: 56 units
    Cap Rate: 5.65%

  • Crescent Ridge

    Crescent Ridge

    Multifamily

    Irving, TX
    Size: 41,700 sqft
    Size: 51 units
    Cap Rate: 6.29%

  • Pebble Cove

    Pebble Cove

    Multifamily

    Dallas, TX
    Size: 137,680 sqft
    Size: 160 units
    Cap Rate: -6.13%

  • Dalton Place

    Dalton Place

    Multifamily

    Dallas, TX
    Size: 102 units
    Cap Rate: 3.37%

  • Waldemar

    Waldemar

    Multifamily

    Haltom City, TX
    Size: 75,592 sqft
    Size: 88 units
    Cap Rate: 9.00%

  • Buckner Manor

    Buckner Manor

    Multifamily

    Dallas, TX
    Size: 44,705 sqft
    Size: 82 units
    Cap Rate: 2.26%

  • REO: Alta Mere Drive Land Tract

    REO: Alta Mere Drive Land Tract

    Land - Retail

    Fort Worth, TX
    Size: 535,439 sqft

  • Shadowood Apartments

    Shadowood Apartments

    Multifamily

    Fort Worth, TX
    Size: 36,300 sqft
    Size: 52 units
    Cap Rate: 8.28%

  • Greenwood Apartments

    Greenwood Apartments

    Multifamily

    Dallas, TX
    Size: 48,750 sqft
    Size: 60 units
    Cap Rate: 9.02%

  • Bachman Glen

    Bachman Glen

    Multifamily

    Dallas, TX
    Size: 66,524 sqft
    Size: 77 units
    Cap Rate: 5.70%

  • Sadosa Ridge

    Sadosa Ridge

    Multifamily

    Eastland, TX
    Size: 58,720 sqft
    Size: 68 units
    Cap Rate: 7.00%

  • White Rock Village

    White Rock Village

    Multifamily

    Dallas, TX
    Size: 42,920 sqft
    Size: 50 units
    Cap Rate: 4.71%

  • Saint Augustine Estates

    Saint Augustine Estates

    Multifamily Tax Credit

    Dallas, TX
    Size: 127,692 sqft
    Size: 150 units

  • Cockrell Avenue Homes at TCU

    Cockrell Avenue Homes at TCU

    Multifamily

    Fort Worth, TX
    Size: 5,700 sqft
    Size: 02 units
    Cap Rate: 7.01%

  • Birchtree Court Apartments

    Birchtree Court Apartments

    Multifamily

    Dallas, TX
    Size: 16,306 sqft
    Size: 28 units
    Cap Rate: 3.37%

  • Greenwood Apartments

    Greenwood Apartments

    Multifamily

    Dallas, TX
    Size: 48,880 sqft
    Size: 60 units
    Cap Rate: 10.21%

  • White Rock Hills

    White Rock Hills

    Multifamily Tax Credit

    Dallas, TX
    Size: 279,411 sqft
    Size: 302 units

  • Raintree Apartments

    Raintree Apartments

    Multifamily

    Grand Prairie, TX
    Size: 22,154 sqft
    Size: 34 units
    Cap Rate: 10.11%

  • Falcon Apartments

    Falcon Apartments

    Multifamily

    Irving, TX
    Size: 16,580 sqft
    Size: 33 units
    Cap Rate: 8.74%

  • Oak View Apartments

    Oak View Apartments

    Multifamily

    Plano, TX
    Size: 12,900 sqft
    Size: 18 units
    Cap Rate: 8.50%

  • Whispering Oaks

    Whispering Oaks

    Multifamily

    Lockhart, TX
    Size: 37,140 sqft
    Size: 54 units

  • Columbus Plaza LTD

    Columbus Plaza LTD

    Multifamily Vacant/User

    Columbus, TX
    Size: 32,848 sqft
    Size: 40 units

  • Centerville Plaza LTD

    Centerville Plaza LTD

    Multifamily Vacant/User

    Centerville, TX
    Size: 15,720 sqft
    Size: 24 units