Multifamily V Michigan
A risk that paid off: Paul Davis and Affordable Housing Advisors on pace for a big year

A risk that paid off: Paul Davis and Affordable Housing Advisors on pace for a big year

Paul Davis founded Southfield, Michigan-based Affordable Housing Advisors in 1987. Today, the company, a division of Marcus & Millichap, represents for-profit and nonprofit owners of government-subsidized multi-family housing who are selling one or more of their properties. The company’s goal for 2015 is a big one: Davis says that Affordable Housing Advisors should notch sales of $1 billion.

Multifamily Midwest
Worried about investing in small apartment buildings? Don't be

Worried about investing in small apartment buildings? Don't be

When you think of the booming multifamily market, what comes to mind? New apartment towers stretching 20 stories in the sky? How about sprawling suburban communities with swimming pools, fitness centers and hundreds of units? These larger apartment communities are an important part of the multifamily market, no doubt. And they provide great opportunity for investors today. But what about those smaller multifamily buildings, the apartment complexes that boast just 20, 10 or five units?