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Atlanta & Southeast  + Georgia  |  October 16, 2019
David Cohen
By: David Cohen

PAC Names Joel Murphy as CEO

Atlanta-based Preferred Apartment Communities (PAC) has announced the hiring of Joel Murphy as CEO, effective January 1, 2020. Murphy will continue as a member of the Board of Directors, where he has served since May 2019. Murphy succeeds PAC’s current CEO and Chairman of the Board, Daniel M. DuPree, who will remain with the company as Executive Chairman of the Board.

Joel Murphy

Prior to his appointment as CEO, Murphy has served as CEO of New Market Properties, a wholly-owned subsidiary of PAC since 2014, and as Chair of the Investment Committee for PAC since 2018. Murphy has more than 30 years of experience as an executive officer, principal and advisor in retail and multifamily projects, portfolios and investments.

“I am honored to have been elected as PAC’s next CEO, and I look forward to working with the Board, our experienced leadership team and our talented associates across all of our platforms to execute our business strategies,” said Murphy.

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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