Founder and former CEO of Post Properties John
ROBERT STEUTEVILLE    MAR. 1, 2008
Founder and former CEO of Post Properties John Williams has teamed with Cadim, a Quebec firm, on a buyout offer of Atlanta-based Post valued at around $2 billion. “The Cadim/Williams group proposal marks Williams’ latest attempt to regain control of the company he founded” reports the Triangle Business Journal. “In May 2003, Williams lost a bitter public proxy battle with Post.” Post owns 22,249 apartments, including many in new urban developments like Riverside in Atlanta; Addison Circle in Addison, Texas; Legacy Town Center in Plano, Texas; Pentagon Row in Arlington, Virginia; Carlyle in Alexandria, Virginia; Harbour Place in Tampa; and Baldwin Park in Orlando. Williams’ original passion for urban design was key to Post’s investment in walkable communities, and the firm has continued on that same path since Williams left.