About Maxwell Drever
Since the 1960’s, Maxwell Drever has repositioned and developed nearly 50,000 multi-family apartments. He is a legendary figure in the specialty of impact real estate investing. At age 80, Maxwell remains as ambitious as ever, with his full focus on the Affordable Workforce Housing crisis. He will surely do all he can to fix a vexing problem that so many before him have tried to solve and failed.
Maxwell Drever is Chairman Emeritus of Drever Atelier Partners. For more than fifty years, Maxwell has been amongst the most active impact real estate investors in the nation. All the while, he has made sure to follow his instincts, and to always remember that “doing well by doing good” is the right way to do business, and the optimal way to live life.
Affordable workforce housing is housing for individuals and families earning low to middle-income levels (geographically based)
One of the largest and most concerning population trends throughout the nation is the growing number of individuals and families struggling to find affordable homes. On average, the jobs that millennials now have often do not pay well enough to afford homes near their work. This means that these individuals often must travel long distances, on a daily basis, or find temporary accommodations in cheap hotels, just to arrive at their job site for their workday.
For millennials without affordable housing nearby their place of employment, life can be difficult.
The cost of living is rising significantly in cities around the United States. This has led to an increase in the cost of homes for sale and for rent and resulted in a worsening of the affordable workforce housing crisis.
The most plentiful supply of affordable workforce housing for individuals and families with lower incomes can be found in less desirable metro areas. These homes often sit in communities with many broken homes, higher unemployment, poorly rated schools, above-average crime levels, and substandard community services.
To solve the problem, developers such as Maxwell Drever are needed. This special group of individuals, and their companies individuals and companies, have the skills, and the ability to scope out locations, find attractive candidates for building conversions, attract financing, manage and complete projects, and attract tenants.
Blog posts From Maxwell Drever
Colorado’s Affordable Housing Plan: Challenges and Opportunities
The COVID-19 pandemic has greatly impacted Colorado’s affordable housing market. With prices going up and wages going down, demand for inexpensive housing units has grown. At the same time, global supply chain disruptions and rising labor costs have hurt supply. These factors have fueled a raging crisis that is troubling many individuals. Now though, there… Read More »Colorado’s Affordable Housing Plan: Challenges and Opportunities
Alabama and its Fluctuating Affordable Housing Market
Alabama and its population of more than 5 million has been facing an affordable housing crisis for the past 15 years. However, things are beginning to normalize after a long time with 6 million sales recorded by the state in 2021. The demand-and-supply gap continues to exist but with global supply chains returning to normalcy… Read More »Alabama and its Fluctuating Affordable Housing Market
Tips for Buying an Affordable House in Vegas
Are you planning to buy a house in Las Vegas? With the massive growth of the population in 2018, it comes as no surprise that the real estate market in Las Vegas is on the rise. With our three tips, you can hunt for an affordable house in Las Vegas. Tip Number 1 – Learn… Read More »Tips for Buying an Affordable House in Vegas