A cozy rooftop deck with outdoor fire at Hearth apartments

At home with innovation

Prometheus is a leading multifamily company on the West Coast. Our mission has always been to revolutionize the apartment industry—and that's what we are here to do.

About Prometheus

Home since 1965

Our founder, Sanford Diller, shifted careers in 1965 to invest in the future of Silicon Valley, his lifelong home. He applied a curator’s eye to his business—from craft, to site selection, to management and design.

Two apartment residents (Neighbors) watch ducks at a stream
  • A group of friends walk along a Bocce ball court

    Madera Apartments

    Mountain View, CA

    Located in downtown Mountain View, this vibrant Neighborhood is just steps from the Caltrain station and light rail.

    Units: 203 | Built in: 2013

    Long-term ownership.

    Prometheus is committed to long-term ownership of our properties—from our founding in 1965 until now.

  • A man and woman walk next to a Bocce ball court

    Hearth Apartments

    Santa Clara, CA

    With an ultra-modern 17,000 square-foot rooftop deck and breathtaking views of Silicon Valley, Hearth is a work of art.

    Units: 548 | Built in: 2016

    A growing portfolio.

    We’re the largest private owner of multifamily properties in the Bay Area, with 13,000 apartment homes on the West Coast.

  • The front of a leasing office at Shadowbrook apartments

    Shadowbrook Apartments

    Sunnyvale, CA

    As our very first Neighborhood, Shadowbrook remains an icon of the calm, unique, restorative spirit of Prometheus.

    Units: 216 | Built in: 1969

    Dynamic leadership.

    Based in the Bay Area, our team of over 500 Prometheans handles acquisitions, development, renovation and property management.

  • A group of people in a lounge, some walking and some sitting

    Spruce Apartments

    Sunnyvale, CA

    With over $50 million in modern renovations, Spruce lies on 21 sunny acres while staying central to top tech employers.

    Units: 766 | Built in: 1969

    Forward-thinking design.

    When we consider building, we approach it in a very personal way. We invest deeply in every design detail. Entrepreneurial thinking is integral to our history—and our future.

  • A group of friends enjoying an outdoor barbecue at Madrone apartments

    Madrone Apartments

    Mountain View, CA

    Madrone has undergone a $51 million repositioning investment, which included the construction of 134 new apartments.

    Units: 272 | Built in: 1962 and 2014 | Renovated in: 2015

    The philosophy of “Home.”

    It’s our belief that the apartment experience should feel like a home. Our approach is boutique, our size institutional.

A personal look at Prometheus

Living large

Prometheus is the largest privately owned multifamily developer in the San Francisco Bay Area. We take that responsibility seriously.

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56Properties

500Prometheans

2600Apartments in Pipeline

13000Apartments in Portfolio

A brown and black dog sits on a rug at Metropolitan apartments in San Mateo

Founded on intention

  • Operations and property management

    Operations and property management

    Full-service and vertically integrated, we have in-house IT, marketing, accounting, design, learning and development, asset management and more.
  • Development

    Development

    Over our 50-year history, Prometheus has developed more than 70 projects on the West Coast. Our approach is personal, with design at the forefront.
  • Acquisitions

    Acquisitions

    Our philosophy is marked by long-term investment in Neighborhoods in some of the most vibrant cities on the West Coast, like Cupertino, Mountain View, Portland and Bellevue.
  • Renovations

    Renovations

    Prometheus has completed nearly $200 million in renovations since 2007 - all with care and an artisan approach to design, functionality and energy-efficiency.

Being neighborly

Together, we’re building better Neighborhoods

We believe in giving back. The Bay Area is our backyard. The Promethean Outreach and Community Help program (Our Front POrCH) empowers Prometheans to give back while on the clock. Nearly half of our Prometheans volunteer every year. Sending a little good a long way. Among other grants and gifts, Prometheus donates approximately 30% of our cash flow to a public nonprofit charitable organization established by our founder, supporting education, science and the arts.

Two men cutting a piece of wood while wearing safety goggles

In the news

It's official

We've received more than 70 architectural and design awards, as well as the NAHB Property Management Company of the Year (2011, 2013, 2015), MHN Property Management Company of the year (2010, 2012, 2013) and San Francisco Business Times/Silicon Valley Business Journal Best Places to Work 2014-2018.

Property Management Company of the Year 2015, 2013, 2011

NAHB Pillars of the Industry

Best Workplaces in the Bay Area 2017, 2018

Fortune Magazine

Best Places to Work 2014 - 2018

San Francisco Business Times/Silicon Valley Business Journal

Prometheus Named the Property Management Company of the Year by the National Association of Homebuilders (NAHB)

Prometheus Real Estate Group has been named the Property Management Company of the Year by the National Association of Homebuilders (NAHB) as part of their Multi-family Pillars of the Industry Awards. This is the fourth time Prometheus has been recognized with this honor, more than any other...
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Prometheus Recognized on NHMC Top 25 List

Prometheus Real Estate Group has been recognized on the National Multifamily Housing Council (NHMC) Top 25 list for largest apartment developers in 2018, ranking nationally at 21. Prometheus is the only firm based in the Bay Area to m...
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New Home Office Receives Unanimous Approval from San Mateo Planning Commission

The new headquarters of Prometheus Real Estate Group, located at the Trag’s Market site in San Mateo, has received unanimous approval from the City of San Mateo Planning Commission. With the approval in place, work is set to begin on the new multi-functional project. The project will house r...
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Meet the Prometheus team

We’ve assembled a hand-picked team of passionate Prometheans, at your service.

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