Prometheus Real Estate Group, Inc. - San Mateo, CA
303 Baldwin Ave Suite 4000 San Mateo, CA 94401 (650) 931-3400
Prometheus Real Estate Group is a privately held multifamily real estate investment and property management company headquartered in San Mateo, California. Founded in 1965, the firm has developed and acquired properties across the Pacific Northwest for more than six decades. The company owns and operates over 13,000 apartment units across the San Francisco Bay Area, Seattle, and Portland markets, with additional holdings of more than 1.2 million square feet of office, retail, and mixed-use commercial space. Prometheus is vertically integrated, maintaining in-house capabilities across acquisitions, development, value-add renovations, and property management operations. The firm holds its assets for long-term investment, as evidenced by retaining its first garden apartment building from 1965 in the current portfolio. Geographic concentration centers on California's Silicon Valley submarkets including Santa Clara, San Mateo, Cupertino, Mountain View, and Sunnyvale, with expansion into Portland, Oregon and Gig Harbor, Washington. Prometheus employs approximately 504 staff members and achieved B Corporation certification in June 2020, reflecting operational standards in governance, worker benefits, and community engagement.
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