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Apartment Legend John Williams Passes Away at 75

Post Properties Founder, PAC CEO Altered Multifamily Industry by Branding Communities, Introduced "Live, Work, Play" to Industry Vernacular
April 16, 2018
Pictured: John A. Williams in 2010.

Credit: Tony Wilbert.

John A. Williams, who founded Post Properties at an Atlanta-area IHOP before turning the multifamily industry on its head, died suddenly Monday.

Williams, 75, founded Post in 1971, naming it after the Post Oak area of Houston. Over the next three decades, he earned a reputation for innovation while developing apartments - first in the Atlanta area, and then from Dallas to Manhattan. He even led Post into California, though only for a short stint.

Williams touted the ideas of "Live, Work, Play" and "Smart Growth" while developing Atlanta's first New Urbanism community - Post Riverside - in the late 1990s. Many credit him with coining both phrases.

He also is credited with introducing the concept of branding into a fractured multifamily industry. Post became known for its lush landscaping, safety features aimed to attract single female renters and quality property management.

Preferred Apartment Communities (NYSE: APTS), which Williams founded after retiring from Post in 2002, announced his passing but did not list the cause. Williams had a history of heart disease and underwent major surgery in the early 2000s. "Preferred Apartment Communities is profoundly saddened to announce that the company's co-founder, chairman and chief executive officer, John A. Williams, unexpectedly passed away earlier today."

The board immediately appointed its vice chairman and chief investment officer, Dan DuPree, to succeed Williams as chairman and CEO.

Tony Wilbert, Atlanta Market Reporter  CoStar Group   
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