Broder & Sachse Real Estate Services experienced a significant spike in growth in 2013, thanks in large part to company’s growth in multi-family sector.
The downtown Birmingham-based firm has hired 50 people over the last year, taking its staff to 150 employees and a few summer interns.
“We have grown dramatically,” says John Hamburger, president of Broder & Sachse Real Estate Services.
The 20-year-old firm, it moved to Birmingham 10 years ago, offers a broad range of real-estate services, including construction and management of commercial, multifamily residential and industrial properties. It has a portfolio of 116 properties and 11 million square feet of space.
Broder & Sachse Real Estate Services’ leadership decided to focus more on multi-family residential projects n 2003. It watched that sector grow the next five years until the bottom fell out of the economy in 2008.
“In 2012 and 2013 the lending channels opened up,” Hamburger says. “We started renovating and managing more properties.”
The firm now manages 6,000 rental units across the U.S. It expects to expand that number to at least 8,000 and perhaps as high as 10,000 by the end of this year.
Source: John Hamburger, president of Broder & Sachse Real Estate Services
Writer: Jon Zemke
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