Morgan SVP elected board president of apartment group

Stephen Waters, senior vice president of facility operations at Morgan Properties, has been elected president of the New Jersey Apartment Association board for 2018-2020, the organization announced recently.

Waters, who works for a Pennsylvania-based real estate investment management company, was inducted at the NJAA’s annual meeting Jan. 24. He will serve through mid-January 2020.

“The entire NJAA team is thrilled to work directly with Stephen,” Executive Director David Brogan said in a prepared statement. “He brings with him a wealth of ideas and knowledge that will surely build upon the legacy of our previous leaders. A strategic thinker and exceptionally hard worker, Steve will continue to propel our association forward.”

In his new role, Waters will focus on enhancing the Monroe Township-based NJAA’s government affairs efforts on the state and local levels, as well as bolstering the perception of the multifamily housing industry.

“For nearly two decades, I have held an active role with the NJAA, and it’s truly an honor to have been elected as the organization’s board president for the next term,” he said in a statement. “I am very humbled to represent the state’s multifamily sector, and continue serving as both a mentor to those starting out in the industry and those joining Morgan Properties.”

A recent acquisition in Collingswood made Morgan Properties the largest owner/operator of multifamily real estate in New Jersey, according to NJAA.