John Williams, Preferred Apartment Communities, Dies
John Williams, the co-founder, chairman and CEO of Preferred Apartment Communities, Inc. passed away on April 16.
Vice-Chairman and CIO Daniel DuPree will succeed Williams as chairman and CEO. Leonard Silverstein, a co-founder of the company, has been appointed vice-chairman and will continue as president and COO.
In a joint statement, DuPree and Silverstein described Williams as a “visionary” who “understood the importance of creating a company that is built on culture, associates, reputation and brand.”
Williams also founded Post Properties, Inc. in 1970. He took Post Properties public as a REIT in 1993 and resigned as chairman in 2003. Williams was a member of Nareit’s Board of Governors during his tenure at Post Properties.
Williams is survived by his wife Nancy; three children, Jay, Sarah Brook and Parker; and two grandchildren, Jack and Harrison.
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