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Prometheus Real Estate Group

San Mateo, CA 501–1,000 employees 20 principals

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Last updated 3w ago

About Prometheus Real Estate Group

Prometheus Real Estate Group is a real estate operator headquartered in San Mateo, CA. Prometheus Real Estate Group operates in Portland, Oregon, San Francisco - Oakland Bay Area, California and Seattle, Washington. Its investment focus is on Affordable Housing, Multifamily - Ground-up and Multifamily - Value-Add.

Prometheus Real Estate Group, founded in 1965, is the largest privately held owner of multifamily properties in the San Francisco Bay Area. The company manages over 13,000 apartment units across California, Oregon, and Washington, with a strong focus on high-quality residential properties. Their portfolio includes developments in major metropolitan areas such as Silicon Valley, Seattle, and Portland. Prometheus is headquartered in San Mateo, California, and employs over 500 people. The company is known for its attention to design and detail, with a strategy centered on acquiring, developing, and managing multifamily properties. It also emphasizes sustainability, as demonstrated by its Certified B Corporation status, which reflects its commitment to social and environmental responsibility. In addition to its residential offerings, Prometheus manages over 1 million square feet of commercial space, making it a significant player in the West Coast real estate market

Principals at Prometheus Real Estate Group

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20 principals on file

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Recent activity at Prometheus Real Estate Group

2 recent signals from the real estate trade press · latest 2mo ago

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Prometheus Real Estate Group's project portfolio

1 project on file · Multifamily (1)

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Every development in this GP's portfolio — location, unit count, square footage, and build status — plotted on an interactive map.

Markets and themes

Markets Prometheus Real Estate Group operates in

  • Portland, Oregon
  • San Francisco - Oakland Bay Area, California
  • Seattle, Washington

Investment themes at Prometheus Real Estate Group

  • Affordable Housing
  • Multifamily - Ground-up
  • Multifamily - Value-Add
  • Workforce Housing

Capabilities

  • Asset Management
  • Construction Management
  • Environmental Remediation
  • Luxury
  • NMHC OpTech Attendee
  • Sustainability
  • Technology-forward
  • Transit-oriented development
  • Urban infill

Operators similar to Prometheus Real Estate Group

  • Greystone & Co., II LLC
    Institutional tierSan Francisco - Oakland Bay Area, CaliforniaPortland, Oregon+1 more marketMultifamily - Value-AddAffordable Housing+2 more themes
  • Mill Creek Residential
    Institutional tierSan Francisco - Oakland Bay Area, CaliforniaPortland, Oregon+1 more marketAffordable HousingMultifamily - Ground-up+2 more themes
  • Fairfield Residential
    Institutional tierSan Francisco - Oakland Bay Area, CaliforniaPortland, Oregon+1 more marketAffordable HousingMultifamily - Ground-up+2 more themes
  • UDR
    Institutional tierSan Francisco - Oakland Bay Area, CaliforniaPortland, Oregon+1 more marketAffordable HousingMultifamily - Ground-up+2 more themes
  • Intercontinental Real Estate Corporation
    Institutional tierSan Francisco - Oakland Bay Area, CaliforniaSeattle, WashingtonAffordable HousingMultifamily - Ground-up+2 more themes
  • AvalonBay Communities
    Institutional tierSan Francisco - Oakland Bay Area, CaliforniaSeattle, WashingtonAffordable HousingMultifamily - Ground-up+2 more themes
  • Greystar
    Institutional tierSan Francisco - Oakland Bay Area, CaliforniaSeattle, WashingtonAffordable HousingMultifamily - Ground-up+2 more themes
  • Clarion Partners
    Institutional tierSan Francisco - Oakland Bay Area, CaliforniaPortland, Oregon+1 more marketMultifamily - Value-AddAffordable Housing+1 more theme
  • GID
    Institutional tierSan Francisco - Oakland Bay Area, CaliforniaPortland, Oregon+1 more marketWorkforce HousingMultifamily - Value-Add+1 more theme
  • Hamilton Zanze
    Institutional tierSan Francisco - Oakland Bay Area, CaliforniaPortland, Oregon+1 more marketWorkforce HousingMultifamily - Value-Add+1 more theme

Frequently asked questions about Prometheus Real Estate Group

What does Prometheus Real Estate Group do?
Prometheus Real Estate Group, founded in 1965, is the largest privately held owner of multifamily properties in the San Francisco Bay Area.
Where is Prometheus Real Estate Group based?
Prometheus Real Estate Group is headquartered in San Mateo, CA.
What markets does Prometheus Real Estate Group operate in?
Prometheus Real Estate Group is active in Portland, Oregon, San Francisco - Oakland Bay Area, California, and Seattle, Washington.
How many employees does Prometheus Real Estate Group have?
Prometheus Real Estate Group has 501–1,000 employees.
Prometheus Real Estate Group cover image

Prometheus Real Estate Group at a glance

Tier
Institutional
Operator type
Developer, Owner
Headcount
501–1,000
Units owned
10,000-25,000
Units managed
10,000-25,000
Property mgmt
Self-Managed
Markets
3
Principals
20

Contact Prometheus Real Estate Group

1900 S Norfolk Street Suite 150, San Mateo, CA, United States
prometheusapartments.com