The next evolution of value-add real estate investing, blending Maxwell Drever’s decades of expertise with a strategic focus on addressing the senior living housing gap for workforce retirees.
Maxwell Drever
Maxwell Drever serves as Chairman of Drever Capital Management, bringing over five decades of experience as a trailblazer in contrarian impact real estate investing. With a “doing well by doing good” philosophy, Maxwell has successfully repositioned or developed more than 42,000 multifamily apartments, creating socially responsible investments that yield strong risk-adjusted returns.
Throughout his career, Maxwell has transformed underperforming workforce multifamily properties into thriving communities, revitalizing entire neighborhoods through socially and environmentally conscious redevelopment. His journey began in Seattle in the 1970s, where he reimagined 17 struggling complexes into desirable homes for workforce families.
Maxwell’s achievements include:
- Founding Drever Partners, one of the earliest and largest buyers of multifamily housing, managing 18,000 units during the RTC cycle.
- Facilitating the 1997 merger of Drever Partners’ assets into Walden Residential Properties, a $1.4 billion NYSE-listed REIT.
- Establishing Concierge Asset Management, which later merged with Crossbeam Capital, focusing on distressed multifamily redevelopment, managing 8,000 residential units. He remains the largest shareholder of Crossbeam Concierge Holdings.
Maxwell holds a B.A. in Finance from the University of Illinois. Beyond his professional endeavors, his philanthropic work focuses on improving health and education for underserved youth and raising awareness for eldercare health issues. Maxwell resides north of San Francisco, where he enjoys hiking, paddleboarding, bay swimming, horticulture, and nature photography.