Prometheus Real Estate Group

Prometheus Real Estate Group

Develops and manages residential properties

About Prometheus Real Estate Group

Simplify's Rating
Why Prometheus Real Estate Group is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Differentiation

Industries

Real Estate

Company Size

201-500

Company Stage

N/A

Total Funding

N/A

Headquarters

San Mateo, California

Founded

1965

Overview

Prometheus Real Estate Group develops and manages residential apartment buildings, focusing on creating welcoming and inspiring living spaces. Their properties feature spacious floor plans and well-designed landscapes, contributing to vibrant communities. The company operates over 13,000 apartments in the San Francisco Bay Area, Seattle, and Portland, with a commitment to maintaining high standards in place-making and community engagement. Unlike many competitors, Prometheus is a B corporation, emphasizing social responsibility and positive impact through their business practices. Their goal is to provide quality housing while fostering friendly neighborhoods and a strong sense of community.

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Simplify's Take

What believers are saying

  • High demand for transit-oriented developments boosts Prometheus's project appeal.
  • Sustainable building designs reduce operational costs and attract tenants.
  • Mixed-use developments offer convenience and community, increasing property desirability.

What critics are saying

  • Rising interest rates may increase financing costs for new projects.
  • Stricter environmental regulations in California could raise compliance costs.
  • Volatile construction material prices might lead to budget overruns.

What makes Prometheus Real Estate Group unique

  • Prometheus focuses on transit-oriented developments, enhancing accessibility for residents.
  • The company integrates sustainable designs, appealing to eco-conscious tenants.
  • Prometheus incorporates smart home technology, improving tenant experience and property value.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Health Savings Account/Flexible Spending Account

Unlimited Paid Time Off

Paid Vacation

Paid Sick Leave

Paid Holidays

Hybrid Work Options

401(k) Retirement Plan

401(k) Company Match

Performance Bonus

Professional Development Budget

Mental Health Support

Company News

Bizjournals
Oct 10th, 2023
Sunnyvale's planning commission has approved a 225-residence apartment building near a Caltrain station

At its meeting Monday, the commission voted unanimously to approve Prometheus Real Estate Group Inc.'s plan to build an eight-story residential building on Kifer Road just west of Lawrence Expressway.

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Leasing and Experience Manager - Hearth

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Service Desk Technician III

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$105.6k - $108.7k/yr

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Prometheus Real Estate Group is Hiring for 5 Jobs on Simplify!

Find jobs on Simplify and start your career today

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We update Prometheus Real Estate Group's jobs every few hours, so check again soon! Browse all jobs โ†’

Service Desk Technician III

$35.25 - $44/hr

San Mateo, CA, USA

Property Manager

$105.6k - $108.7k/yr

Cupertino, CA, USA

See All Jobs

Prometheus Real Estate Group is Hiring for 5 Jobs on Simplify!

Find jobs on Simplify and start your career today

๐Ÿ’ก
We update Prometheus Real Estate Group's jobs every few hours, so check again soon! Browse all jobs โ†’