SAA | EVI works with community leaders, government, and investment partners to rebuild neighborhoods and urban centers.
Since 1976, SA+A has spearheaded innovations in the creation of affordable housing. SA+A Development has worked with community leaders, government, and investment partners to rebuild neighborhoods and urban centers. Beginning with the completion of the first housing tax credit development in New York State (1987), SA+A has been at the forefront of equitable community development.
Ernst Valery Investments Corp. (EVI), a private real estate investment firm established in 2001 and incorporated in 2004 (NY), invests in select underserved and undervalued key emerging domestic real estate markets, defined as urban transitional areas with high residential and retail demand.
In 2003, David Alexander and Ernst Valery attended graduate school together at Columbia University to pursue their Master’s Degree in Real Estate Development. They became close friends and collaborators in search of ways to deal with the affordability crisis starting with a project in Nyack, New York. After graduating in 2003, David and Ernst stayed in touch and regularly discussed joining forces. In 2010 they formed SAA|EVI, a platform committed to the missions of its predecessor companies. With a focus on strategic development and investment, SAA | EVI strives to:
- achieve strong economic returns with mitigated risk
- build healthy and stable communities that are characterized by multi-income, multi-ethnic, and multi-generational populations
- work with communities and business owners with a focus on developments that build neighborhood value without displacement
