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Michael Waters, FCPA, FCA
Chief Executive Officer at Minto Group
Michael Waters is a prominent figure in the Canadian real estate sector, currently serving as a Trustee at Crombie Real Estate Investment Trust (REIT). He has a substantial background in real estate finance, investment, and development, with over 25 years of experience in the industry.
Education and Professional Qualifications
- Education: Waters earned a Bachelor of Commerce degree from the University of British Columbia and an MBA from the Wharton School of the University of Pennsylvania.
- Professional Designations: He holds the titles of Fellow of the Chartered Professional Accountants of British Columbia (FCPA, FCA) and is a Chartered Financial Analyst (CFA) charterholder.
Career Overview
- Minto Group: Waters is also the Chief Executive Officer of Minto Group, where he has been instrumental in transforming the company from a family-owned business into a leading integrated real estate investment management firm. His tenure at Minto began in 2007, and he has held various roles including President and Chief Financial Officer.
- Minto Apartment REIT: He served as the founding CEO of Minto Apartment REIT from 2018 to 2023, during which he significantly expanded its portfolio.
- Previous Roles: Before joining Minto, Waters held various positions at Intrawest Corporation, PricewaterhouseCoopers LLP, and KPMG LLP, contributing to his extensive expertise in financial advisory services.
Board Memberships
In addition to his role at Crombie REIT, Waters has served on several boards, including:
- The Board of REALPAC, Canada's senior national real estate industry association.
- The Board of Governors at Algonquin College.
Michael Waters continues to play a vital role in shaping the strategic direction of Crombie REIT and contributing to the broader real estate community in Canada.
Highlights
There are many challenges to deliver affordable housing and we are pleased that policy makers are listening and building programs to help us to address it. GST changes and making more capital available to the sector are meaningful changes that will help us work together to drive change and increase the availability of more affordable housing for Canadians. Minto Group, Minto Apartment REIT, Dan Dixon
Minto Communities ranked amongst top 50 builders in the U.S. based on 2022 deliveries in a ranking by Builder magazine. This marks the first time Minto has cracked the top 50.
This is Minto’s second top builder award this year. In March, Minto was ranked 18th among the Top 100 Private Home Builders in the U.S. by Home Builder Executive magazine based on 2022 home closings. Minto also ranked fifth for the greatest gain in closings for the same time period on that magazine’s Top 10 Private Home Builders in the U.S. list.
Congratulations to the Minto Communities USA team for their hard work in achieving this milestone in our growth!
