First Advisors, Inc. (FAI) is an investment and real estate firm, specializing in new and re-development of commercial and residential properties. FAI was established in September, 1996 by Gary J. Davis. It has been 100% owned by Mr. Davis since its organization in 1996.
From the period of 1996 to 2002, FAI's business objective was identifying early stage business opportunities in need of capital and organizing investment limited partnerships with accredited investors to facilitate capital raises for the targeted companies. This endeavor was a continuation of the business strategy of early stage capital investing started by Mr. Davis in 1993 and resulted in over $12.5 million of equity capital investments in eleven different companies in Austin, San Antonio and Dallas.
In 2003, FAI's primary focus shifted to land acquisition and development of strategic properties into retail shopping destinations, food service establishments, multi-family units, and residential subdivisions. This strategy is complemented with the prior real estate development and investment experience gained by Mr. Davis since 1973. With over 34 years of experience in real estate development and business investment, Mr. Davis leads FAI and its staff in developing high quality projects enhancing the quality of life for the citizens in communities in which it invests.