Each year, Midwest Real Estate News publishes its Midwest Commercial Real Estate Hall of Fame, a look at the most successful CRE pros serving our markets. This year, we are also running these profiles online. Our hope is that these profiles inspire you to reach for the heights of the industry.
This time, we look at Andrew Daitch, executive director of Affordable Housing Advisors of Marcus & Millichap in Southfield, Michigan.
A leader: Andrew Daitch has made an impact with his leadership at Affordable Housing Advisors. He is the leader of a firm that has become the largest affordable-housing brokerage firm in the country, one that has exclusively listed and sold more than 150,000 government-subsidized housing units across the United States. These transactions have accounted for more than $5.5 billion in sales.
Daitch and his team are showing no signs of slowing down. As of the writing of this profile, Affordable Housing Advisors was on pace to have another year of more than $1 billion in sales.
Success: Daitch has been recognized as a top-10 agent at Marcus & Millichap, and Real Estate Forum named him one of its 50 Under 50 award recipients in 2015.
Giving back: Despite overseeing Affordable Housing Advisors, Daitch also makes time to give back to his community and profession. Daitch supports Forgotten Harvest, Ronald McDonald House and the National Leased Housing Association Education Fund. He is also a member of the National Multi-Housing Council and a supporter of the Institute for Responsible Housing Preservation, National Leased Housing Association and National Housing and Rehabilitation Association.
Building relationships: Daitch, like other successful CRE pros, points to his efforts at building strong relationships as one of the main reasons for his success.
“The foundation of the investment real estate brokerage business is relationships,” he said. “I have enjoyed building strong relationships on a business and personal level with many of our clients. It is gratifying to play a role in assisting developers or investors achieve their goals.”
The steps to building a career: Daitch says that there are some critical qualities that will make anyone successful in business. These qualities? Hard work, focus, specialization, dedication and sacrifice.
And mentors help, too.
“I was fortunate in having an incredible mentor to guide me in the right direction,” Daitch said.
Having the right team is one last factor.
“From the beginning, I have always surrounded myself with amazing people who share a similar ambition and drive for business,” Daitch said.
Family time: When not working, Daitch says he likes to spend time with his wife and three kids. He also enjoys a bit of time with the family’s new puppy, Dice.
