Michael Waters, FCPA, FCA

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.