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About Prometheus

Real Estate & Property Management

It’s no accident that our namesake, the Greek titan, was a champion of man and the giver of fire. The apartment rental industry trends toward the proven and safe, leading to homogeneity. And that’s what we see as the opportunity. Renting and living in an apartment shouldn’t feel corporate, or akin to a retail transaction; it should feel like home.

Since the firm’s inception in 1965, our focus, like Prometheus himself, has always been centered around moving our industry forward with creativity and innovation. Our mission is, very simply, to revolutionize the apartment industry.

Dig Deep

Prometheus is the largest private owner of multi-family properties in the San Francisco Bay Area . We specialize in the acquisition, development and management of high quality residential and commercial properties . The firm’s portfolio is comprised of award-winning properties in the best locations throughout the Western United States.

There is a lot to know about the team , approach and projects behind the Prometheus name. We are proud of the culture we have created as a company, the properties in our growing portfolio of over 18,000 Bay Area , Seattle , Portland and Los Angeles Metropolitan area apartments, as well as the innovation which has characterized our firm since its inception in 1965. The senior management team at Prometheus averages an 18 year tenure, and the firm today has more than 700 employees.

Recognition in 2014 includes being recognized by the San Francisco Business Times and San Jose/Silicon Valley Business Journal as one of the San Francisco Bay Area's Best Places to Work, ranked as number 8 amongst large companies (501 - 1,500 employees).

Management Team

Jackie Safier

President

As President at Prometheus, Jackie Safier has earned a really primo parking space. Jackie has 20 years of experience in property development and management (which is roughly equivalent to 150 normal years) and has been with Prometheus for 20 years. This depth of experience guides Safier as she leads the strategic direction for operations, property management, development, and acquisitions for the company. During her time behind the wheel, Prometheus has racked up more than 50 design and industry awards. Safier continues to guide Prometheus and its full-service approach as the company grows and expands its commitment to excellence.

Safier is no stranger to hitting the books. She received her Masters in Business Administration from the Harvard Graduate School of Business Administration, graduated Phi Beta Kappa and Magna Cum Laude from Tufts University. Safier also completed her junior year with honors at the London School of Economics, the alma matter of Mick Jagger.

Safier is currently on the Policy Advisory Board for University of California Berkeley’s Fisher Center of Real Estate and Urban Economics. She also serves on the board of the University of California, San Francisco Foundation.

Rick Jacobsen

Chief Financial Officer

Rick Jacobsen’s managed some impressive feats in his time. Not the least of which is living in four of the most unique parts of the country: Massachusetts, Texas, Colorado and the Bay Area. When he wasn’t packing or unpacking, he also managed some pretty impressive business feats.

Prior to his current post, Jacobsen served as Executive Vice President and Treasurer at Archstone Real Estate. During his 17 years there, he was responsible for the financial and administrative operations divisions, comprising human resources, accounting, finance, treasury, risk management, internal audit, state & local tax, financial planning & analysis, procurement, ancillary services, and due diligence. Seven Archstone Vice Presidents and over 160 associates all reported to Jacobsen. So, he pretty much did everything.

Prior to his time at Archstone, Jacobsen was with Weingarten Realty Investors, a Public REIT and NYSE company based in Houston. He earned his Bachelor of Science in Finance from the University of Massachusetts and a Masters of Business Administration in Finance from the University of Houston. Also, very impressive.

John Millham

Executive VP & Partner Acquisitions

A game of Monopoly with John Millham can only end in tears. He has acquired more than $1 billion worth of development projects and apartment communities for Prometheus during the past decade. Millham is the Executive Vice President of Acquisitions for the entrepreneurial and award-winning private owner of multi-family properties. Millham has 17 years of industry experience and is responsible for all of Prometheus’ acquisition strategy and activities. Millham has helped grow Prometheus’ portfolio to a whopping 18,000 apartments and one million square feet of commercial office and retail space.

Before joining Prometheus, Millham was a Development Manager for SNK Realty Group in San Francisco. He has a Bachelor of Arts in Political Economics from the University of California, Berkeley, is a licensed real estate broker in California, is on the board of directors of the National Multifamily Housing Council and is a member of the Urban Land Institute.

Jon Moss

Executive VP & Partner Development

If it’s land, Jon Moss can develop it. Jon is responsible for development activity for Prometheus’ $4 billion portfolio, which consists of 18,000 apartments and one million square feet of commercial office and retail space. Prometheus has developed more than 60 projects on the West Coast alone. That’s enough to make anyone go cross-eyed. But not Jon Moss. He has 21 years of industry experience including his last 15 years with Prometheus where he has successfully directed the company’s development strategy.

Moss has a strong sense of design and leads development with a personal approach. Whether it’s a vibrant, urban, mixed-use project or a more relaxed suburban location, there is an attention to detail from every inch of the floor plan to every material selected. Under Moss’ leadership, the firm has been the recipient of countless design and industry awards reflecting its commitment to developing unique, stylish communities.

Previously, Moss was a senior project manager for Ocwen Financial and has put his mark on the development of multi-family and commercial projects including office, retail and hotel developments throughout the United States.

Moss received his Masters in Business Administration, Real Estate Development, from the University of California, Berkeley. He also graduated Phi Beta Kappa from the University of California, Berkeley, with a Bachelor of Science in Business Administration. Moss is also a member of the Urban Land Institute.

Darren Carrington

SVP of Portfolio Management

When he wasn’t exploring the wilds of California with his wife and children, or dreaming of cruising the autobahn in a vintage BMW M5, Darren Carrington found time to handle billions in real estate mergers, acquisitions and dispositions, oversee thousands of units and manage millions of square feet of residential and commercial property. And that’s just some of what he’s done during his 20+ years of experience.

Prior to joining Prometheus, Carrington worked with AvalonBay Communities in Virginia, Camden Property Trust in Houston and MIG Realty Advisors in California. He started his own real estate consulting firm, worked with one of the largest privately held pension fund advisors in the country and keeps keen focus on maximizing investment value. That’ll come in handy as Carrington assists Prometheus in their acquisition efforts, sources and manages third party equity relationships and contributes to commercial and residential asset management functions.

Now if he can just source that M5.

Terri Lynn Cardona

SVP of Human Resources

Terri Lynn Cardona is responsible for keeping the ship afloat. Cardona runs all areas of human resources including recruitment, staffing, health care and benefits administration, payroll administration and training for Prometheus’ more than 700 employees. As the Senior Vice President of Human Resources, Cardona leads the human resources department, which serves to empower all Prometheans to “surprise and delight” those who live in Prometheus communities and to create a living experience that is distinctly Prometheus.

Prior to joining Prometheus, Cardona was most recently director of human resources at the W Hotel in San Francisco, where she was part of a team that brought the W brand experience to employees. Cardona also brings valuable experience in various retail and consulting companies including Krispy Kreme, Administaff, American Protective Services (now Securitas), and Coastal Ventures, a franchise of Wendy’s.

Cardona has a Master’s of Science in Instructional and Performance Technology from, home of the Smurf Turf, Boise State University and a Bachelor of Arts in Public Relations from San Jose State University.  Cardona is on the faculty for UC Berkeley's extension program, where she is developing tomorrows human resource leaders through the certificate program.

Kevin Wilkinson

SVP of Accounting

Kevin Wilkinson brings over 15 years of financial and accounting experience to his position as the Senior Vice President of Accounting for Prometheus.

Prior to joining Prometheus, Wilkinson crunched numbers as the Chief Financial Officer for Knowledge Networks, where he helped the company achieve its first profitable year and oversaw financial planning and analysis, accounts payable, accounts receivable, payroll, financial reporting, fixed asset, risk management, treasury, stock administration, human resources, legal, real estate and tax reporting and compliance. In short, he did it all. Wilkinson has also held corporate controller positions with Design Within Reach, Jamba Juice Company and was a senior auditor with Ireland San Filippo.

Wilkinson has a Bachelor of Science in business administration with an emphasis in accounting and a minor in economics from San Jose State University. Wilkinson is a certified public accountant.

Craig Maness

VP of Technology

Craig Maness is Vice President of Technology for Prometheus and is a firm believer in the power of push-ups. He was previously the Director of Information Systems for Prometheus and has more than 17 years of technology experience. As the Vice President of Technology, Maness is responsible for managing Prometheus’ information services team. He also oversees network and server hardware, telecommunications, low voltage/audio video design and property management software for Prometheus’ corporate office and more than 18,000 award-winning units in the Western United States. Prometheus relies heavily on technology to best serve the company’s neighbors in all markets, and utilizes Maness’ leadership and industry expertise to position Prometheus for continued growth.

Maness has put in extensive time working with high tech wireless companies in the Silicon Valley, including Alvarion Inc., InterWAVE Communications Inc. and Wireless Inc. His experience includes enterprise resource planning management and engineering change software/hardware oversight. Maness also served in the U.S. Navy for five years in the Bomb Disposal and Marine Mammal Programs and earned a Bachelor of Science degree in management information systems from San Jose State University.

Justin Halada

VP of Asset Management

Justin Halada handles asset management, heads Prometheus’ business intelligence teams and is responsible for setting the repositioning strategy for the company’s entire portfolio. In other words, some pretty big brain stuff. But he has the street cred to back up his many responsibilities.

Before joining Prometheus, Halada was a Vice President with RedHill Realty Investors. In addition to overseeing the firm’s asset management team, he executed value-add business plans up and down the West Coast. Halada’s asset manager skills run deep, as he held that very position with Keybank’s Real Estate Private Equity Group. While there he managed a portfolio consisting of for-sale, multifamily, office and industrial assets across several mezzanine debt funds and private equity accounts. In short, if it’s real-estate-investment-related, Halada’s probably done it.

On top of all that, he’s a bobcat, the Ohio University sort. That’s where Halada earned his Bachelor of Science in business administration with an emphasis on finance on business law.

Pat Calihan

VP of Acquisitions

Pat Calihan knows his way around the dollars & cents end of the business. It figures, as he’s been with Prometheus since 2006, starting as an Acquisitions Analyst. In that time he’s been involved with 33 projects that have been purchased, built or sold for a total of over 4,800 units and nearly $1.6 billion in consideration.

As VP of Acquisitions, Calihan will oversee the sourcing and securing of existing apartment projects for purchase and renovation, as well as land sites to build for redevelopment. In other words, putting all that good experience to work.

But with all that know-how, Calihan still manages to unwind. While earning his BS in Business Administration (with a major in Finance) from the University of Arizona, he was a member of the men’s golf team. He’s a member of the Olympic Club, the Urban Land Institute and President of the Belden Club in San Francisco. Make that dollars & sense end of the business.

Chris Larsen

VP of Facilities and Maintenance

Chris Larson lives by the motto “it’s not what you can do but what you have done.” That’s good, because prior to his current position, he’s done quite a lot.

Larsen has worked in various maintenance roles for the RW Zukin Company, Alliance Residential, Essex Property Trust and Instar projects. As Maintenance Supervisor, Regional Project Manager, Commercial Engineer Supervisor, Construction Manager and Director of Maintenance for Prometheus, Larsen seen all sides of the company. That experience serves him well.

As VP of Facilities and Maintenance, Larsen manages a team comprised of the Landscape Program Manager, Senior Capital Project Manager, Training and Compliance Manager, the Construction Manager in Operations, and 8 regional Project Managers. Somehow he also finds time to be an active member of the TORCH Committee, PoRCH and the Housing Industry Foundation, as well as Prometheus Brand Ambassador.

Larsen grew up in Texas and served with the US Marine Corps in Japan, Korea, California and onboard the USS Peleliu. It’s a safe bet that he’s got quite a bit more he’d like to do as well. Oorah.

Eron Kosmowski

VP of Finance

Eron Kosmowski is a Wildcat, a Michiganian and the kind of person you want watching your retirement fund.

During his 11 years at Prometheus, Kosmowski has seen all sides of the company’s dollars and cents. Starting as a Financial Analyst, he’s worked as a Sr. Analyst, Finance Manager and Director of Finance, all prior to his current role. He handles long and short-term financial strategies, property tax appeals, corporate cash flow, treasury and cash management. Kosmowski has developed strong relationships with Fannie Mae, Freddie Mac, multiple life insurance companies and some of the nation’s largest national and regional banks. All in all, that adds up to over $4.5 billion financed by Kosmowski during his time at Prometheus. Not quite chump change.

Kosmowski earned a degree in Economics from Northwestern University, where he was also a member of the Varsity Football squad (aka a Wildcat). He grew up in Michigan, is a lover of the Golden State and a proud father of two.

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Core competencies

Since 1965, our core vision of locating our communities in vibrant cities near world-class employers, designing large, workable floor plans to bring lots of natural light into the apartment, and situating these by compelling green spaces and beautiful common areas, continues to be evident in the projects we take on today. We have remained a private, entrepreneurial closely held firm, with low debt, which allows us to pursue projects that interest and excite us, as well as to act quickly, decisively and in a flexible manner. Our core competencies are in the following areas: operations/property management, development, acquisition, and value-add renovations.

Operations/Property Management

Our basic operational model is that if we help people create a home for themselves they will feel at home – and in turn we become part of their lives. To wit: We’ve centralized our administration so that on-site staff can focus on helping neighbors find the apartment that suits them best, and then enable them to make it their very own. More specifically, we are committed to in depth investments in technology, marketing, accounting and finance, training, staffing, recruiting, risk management, revenue management and asset management. We have created state of the art real-time reporting tools which create visibility across the organization, in order to measure, monitor and improve performance at all levels. Recent innovations include leadership in non-smoking communities, daily pricing, and repositioning.

Prometheus’ portfolio of approximately 18,000 units is primarily wholly owned with approximately one-third managed for fee clients that include blue chip institutions as well as successful private investors such as: Sobrato Development Company, Northwestern Mutual Life, Tan Group, and EMD Properties. The firm is selective in its choice of fee clients, focused on working with firms with aligned philosophies and quality of properties, so as to be seamless to the customer and to employees.

Development

Prometheus has developed more than 60 projects up and down the West Coast representing $3 billion. When we consider building a new community, we approach it in a very personal way. Design is our passion. Whether it is an urban mixed-use project or a more relaxed suburban location, there is an unfaltering attention to detail from every inch of the floor plan to every material selection. The firm is the recipient of countless design and industry awards reflecting its commitment to excellence in the development of its communities.

Acquisitions

Our investment approach is characterized by the philosophy “build and hold” and “acquire and hold”. Locations are focused in core markets in Northern California, Southern California, Portland and Seattle, near employers, shopping and transit, in order to maximize access to work and play. Our communities are in the heart of some of the most thriving cities in the West Coast including Cupertino, Mountain View, Hollywood, Portland, Bellevue, and Kirkland.

Value-Add Renovations

Our commitment crosses over to the actual product. The depth of investment is unique in our industry as well as the artisan approach and care to design, functionality and energy-efficiency. The repositioning division has completed close to $200 million in renovations since 2007.

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Local and World Impact

One of our business goals and principles is to contribute to the livability of the neighborhoods in which we manage and develop property. We take pride in our civic contributions.

Prometheus also donates a substantial portion of its profits to a public non-profit charitable foundation established by the firm’s principals. The Foundation philosophy is quite simply that it is never too early, too late, or too often to make the world a better place. The Foundation’s gifts have supported a number of programs and institutions in the Bay Area and throughout the world. The UCSF Comprehensive Cancer Center has been renamed as a tribute to the Foundation, honoring the family for its commitment to improving lives around the world and for serving as a role model who inspires others to make a difference in their communities. The Foundation believes in scientific research and education and together with UCSF hopes to see a new era in cancer discovery.

Other major grants and gifts by the Foundation include grants to UC Berkeley and UC Santa Cruz, and a gift to UCSF for the Comprehensive Cancer Center and construction of the Cancer Research Building on the UCSF Mission Bay campus. The Foundation also created and supports the Diller Teen Fellows Program, a national initiative to promote teen leadership through community service, ethics and identity-building, the Diller Teen Tikkun Olam Awards, an annual award that recognizes up to 15 teens -- five from California and 10 from across the United States -- for their exceptional community service and outstanding leadership, and the Diller Family Award for Excellence, an annual award to top educators in their field.

In addition, the Foundation has donated to the new De Young Museum and supported the renovation of Julius Kahn Playground as well as Mission Dolores Park, both located in San Francisco. Of particular note, the Foundation played a key role in bringing the Chagall exhibit to SFMOMA, an exhibit that was only shown in New York and San Francisco in the United States. The Foundation is a co-founder of the Louise Nevelson major retrospective at De Young Museum.

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Prometheus industry awards & recognition

Prometheus has a long history of award-winning approaches to development, property management, renovation and general excellence. We’ve received more than seventy architectural and other design awards, as well as recognition from civic and community organizations.

Awards from 2014

2014 NWP Services Corporation Energy Summit

2014 NWP Services Corporation Energy Summit Case Study Award

Madera

2014 First Place Award for Landscape Maintenance

2014 First Place Award for Landscape Maintenance – Large Multi-Residential Category, California Landscape Contractor’s Association 41st Annual Beautification Awards

The Markham

Awards from 2013

Property Management Company of the Year

2013  Winner MHN Excellence Award

Best Apartment Property

2013 Winner MHN Excellence Award

550 Moreland

2013 Webby Award Honoree

Prometheusreg.com

2013 VolunteerMatch Champions of the Year

PorCH (Prometheus Outreach and Community Help Program)

2013 Pacific Coast Builder’s Conference Gold Nugget Merit Award

Best Apartment Project, 30-60 units per acre
Madera

Property Management Company of the Year

2013 Winner NAHB Multifamily Pillars of the Industry Award

Best Corporate Website

2013 Winner NAHB Multifamily Pillars of the Industry Award
www.prometheusreg.com

Best Property Website

2013 Finalist NAHB Multifamily Pillars of the Industry Award
www.maderaapts.com

Best Brochure for a Multifamily Community

2013 Winner NAHB Multifamily Pillars of the Industry Award
Madera Apartments

Best Garden Apartment Community (4 stories and under)

2013 Finalist NAHB Multifamily Pillars of the Industry Award

Madera

Awards from 2012

Tech-Savvy Community of the Year

2012 Winner MHN Multifamily Pillars of the Industry Award

Heatherstone

Community Service

2012 Winner Multifamily Executive Award Our Front POrCH

Property Management Company of the Year

2012 Winner MHN Multifamily Pillars of the Industry Award

Awards from 2011

Best Conversion/Repositioning of a Multifamily Asset

2011 Winner NAHB Multifamily Pillars of the Industry Award

The Markham

Best Leasing or Sales Center

2011 Winner NAHB Multifamily Pillars of the Industry Award

Heatherstone

Small Multi Residential Landscape Maintenance First Place

2011 California Landscape Contractors Association

550 Moreland

Best Corporate Web Site

2011 Finalist NAHB Multifamily Pillars of the Industry Award
Prometheusreg.com

Best Overall Leasing Campaign for a Rental Apartment Community

2011 Finalist NAHB Multifamily Pillars of the Industry Award

Prometheus Craiglist Ads

Property Management Company of the Year

2011 Winner NAHB Multifamily Pillars of the Industry Award

Awards from 2010

Best Property Management Firm

2010 MHN Excellence Award

Best Facilities/Property Management Firm

2010 Finalist Silicon Valley/San Jose Business Journal Structures Award

Best Multi-Family Housing Project – 4 to 6 Stories Rental

2010 Pacific Coast Builders Conference Grand Award

550 Moreland

Best Mid-Rise Apartment

2010 Finalist NAHB Multifamily Pillars of the Industry Award

550 Moreland

Best Garden/Small Scale Condo Community

2010 NAHB Multifamily Pillars of the Industry Award

Mercer

Awards from 2009

Outstanding Award of Merit

2009 Action for Beauty

Mercer

Best Rental Apartment Community of the Year – Five Stories or Less

2009 Finalist NAHB Multifamily Pillars of the Industry Award

Icon at Doyle

Awards from 2008

Rosey Award

2008 Portland Advertising Federation

Best Low Rise

2008 MHN Annual Design Excellent Award

Icon at Doyle

Outstanding Achievement Award

2008 California Landscape Contractor’s Association

Shadowbrook

Best Ratings in Customer Service and Excellence

2008 For Rent Magazine Grand Prize Award

128 on State

Best Apartment Project Up to 3 Stories

2008 Pacific Coast Builder’s Conference Gold Nugget Grand Award

Icon at Doyle

Best Adapative Reuse

2008 Pacific Coast Builder’s Conference Gold Nugget Merit Award

Icon at Doyle

Best Renovated or Restored Project

2008 Pacific Coast Builder’s Conference Gold Nugget Merit Award

Kensington Place

Awards from 2007

Best of the Web Award of Merit

2007 Step Inside Design Best of the Web Award of Merit
 

550 Moreland

California Landscape Contractors Association First Place

2007 First Place (MC CONDO/TOWNHOMES/APARTMENTS MAINTENANCE)
Medallion Landscape Management, Inc. (Contractor)

Biltmore

Outstanding Achievement Award

2007 California Landscape Contractors Association
Medallion Landscape Management, Inc. (Contractor)

Metropolitan

Awards from 2006

Residential Development of the Year

2006 East Bay Business Times

Mercer

Best Medium Commercial Project, Over 5 Years Old

2006 California Landscape Contractors Association First Place Award

Timberleaf

Awards from 2005

California Landscape Contractors Association Achievement Award

2005 Multi-Residential
Medallion Landscape Management, Inc. (Contractor)

Metropolitan

25th Annual Builders Choice Design and Planning Awards

2005 Builder Magazine
Murano - Plan 5
Cupertino, California

Best Floor Plan

2005 Pacific Coast Builders Conference Gold Nugget Grand Award
Murano (formerly Saron Gardens)
Cupertino, California

Best Apartment Project, 4-6 Stories

2005 Pacific Coast Builders Conference Gold Nugget Merit Award
 

Metropolitan

California Landscape Contractors Association Statewide Trophy Award

Orchard Glen

Best Rental Development - 5 Units and Over

2005 NAHB Best in American Living Gold Award

Metropolitan