Joel Murphy

Background

About Joel Murphy

Nationally respected CEO and corporate board director who taps into market opportunities to promote and guide exponential quality growth strategies for public and private companies. Leverage investment perspective informed by 35 years of national real estate and capital markets relationship building, real estate acquisition, development, and redevelopment, and legal expertise. Bring a deep understanding of the complete business life cycle, from startup through accelerated growth, maturation, profitability, and potential exit. Foster a culture of transparency, discipline, and collaboration in the boardroom and with management teams and possess a remarkable ability to identify effective solutions and skillfully navigate obstacles, even in the most demanding and challenging environments. Trusted advisor to boards and C-level leadership to help create and realize beneficial outcomes for all stakeholders. Most recently as CEO and Board Chair, led Preferred Apartment Communities (PAC)(NYSE: APTS) to become the #1 U.S. Real Estate Investment Trust (REIT) in total shareholder return from 2020-2022. Evolved growth strategy and streamlined portfolio and company’s balance sheet to focus on owning, operating, and investing in high-quality apartment communities and grocery-anchored shopping centers in suburban Sunbelt markets. Previously founded New Market Properties LLC – a wholly owned PAC subsidiary - and drove growth to 30% of PAC’s total revenue within 4 years. As CEO, drove PAC stock price increase from $5/share to $25/share over 2 years, delivered total shareholder return of over 300%, and led $5.8B privatization/sale to Blackstone: Accelerated Business Growth Board Governance Capital Markets M&A Strategy Shareholder/Investor Communications Enterprise Risk Management Team Building People Development Negotiations Succession Planning Relationship Building Public Speaking