Preferred Apartment Communities

Investors

Board of Directors

William J. "Johnny" Gresham, Jr.

William J. "Johnny" Gresham, Jr. is one of our independent directors.  He has been involved in commercial real estate in the Atlanta area since 1966, having over 40 years of experience in commercial real estate and office leasing and management.  Mr. Gresham currently serves as a consultant for Gresham Real Estate Advisors, Inc., a real estate consulting company, which he founded in 1998.  From 1984 to 1990, he served as President and Chief Executive Officer of City Group, Inc., an Atlanta area real estate development company.  From 1980 to 1984, Mr. Gresham was Managing Partner of the Atlanta office of Lincoln Property Company, a national real estate developer.  Prior to 1980, Mr. Gresham served as President of Gresham Realty Company, an office leasing and management company, which he founded in October 1969.

From 1987 to 1990, Mr. Gresham served as a member of the Georgia House of Representatives and, from 1990 to 2007, on the Board of the Georgia Department of Transportation where he served as Chairman of the Board for two separate terms.  He currently serves on the Boards of Directors for Bank of North Georgia, the Cobb Galleria Authority and the Georgia Sports Hall of Fame, and has served on the Board of Directors of Healthdyne, Inc., as well as Georgia Tech Advisory Board and Georgia Tech Industrial Management Board. Mr. Gresham has also served in leadership positions for numerous other civic organizations.  Mr. Gresham received his bachelor's degree in industrial management from Georgia Tech.