Maxwell B. Drever has been an impact investor for over 40 years. His career in responsible investments began in Seattle in the early 1970s, when he profitably transformed 17 troubled complexes into desirable apartment communities for families with workforce incomes.
Over the course of his career, Mr. Drever has assembled a top flight team of property management and redevelopment specialists that have consistently and cost-effectively acquired and revitalized underperforming apartments into class A and B workforce apartment communities that generated triple bottom line returns. As part of his acquisition and redevelopment strategy, Mr. Drever was one of the largest early buyers of the Resolution Trust Corporation’s (RTC) often-troubled apartments and condominiums, and was the largest multifamily property owner in Houston in the 1980s.
His latest turnaround project is The Drever tower in downtown Dallas, Texas. Acquired out of bankruptcy and taking advantage of tax incentives that encourage civic development, the Drever is a historic, core high rise that is being environmentally and socially upgraded to include apartments, a hotel component, retail, restaurants, and leisure amenities. In addition, Drever Capital Management focuses on filling the growing and critical gap for workforce senior housing, providing environmentally conscious, affordable, and socially engineered active adult and memory care communities.
Mr. Drever holds a B.A. in Finance from the University of Illinois. He lives and works north of San Francisco, where he is an active hiker, nature photographer, paddleboarder, and enthusiastic bay swimmer.