2013 Webby Award Honoree
Prometheusreg.com
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.
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 2012 includes the winning of the Property Management Firm of the Year Award for the third year in a row.
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.
Clay Parker brings more than 20 years of experience and dozens of burnt out calculators to his position as the Chief Financial Officer for Prometheus. Parker applies his sharp eye and financial expertise to Prometheus’ financial, information technology and risk management activities. He also oversees a team of approximately 70 members within the treasury, finance, accounting, tax, information technology and risk management areas.
Prior to joining Prometheus, Parker wore many senior level hats at JPI during a 10-year tenure. He was the Executive Vice President and CFO for the eastern division in McLean, Va., providing leadership to the five regional offices, and Executive Vice President of financial services at the home office in Irving, Texas, overseeing the accounting, tax, treasury, risk management and financial planning teams.
Parker’s favorite colors are burnt orange and white as a graduate of the University of Texas, Austin where he earned a BBA in Accounting and later became a Certified Public Accountant.
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.
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 18 years of industry experience including his last 11 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.
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.
Blaine Emmons is the Senior Vice President of Tax and Treasury as well as Senior Counsel for Prometheus. He is responsible for entity structuring, litigation and risk management, tax, treasury, cash management, short-term financing, corporate governance and office services.
Before joining Prometheus, Emmons was with Arthur Andersen LLP and Ernst & Young LLP in San Francisco. He is a member of the California State Bar and is a licensed California Real Estate Broker and formerly a member of the President’s Council of the Real Estate Roundtable in Washington, D.C.
Emmons received his Juris Doctorate from the University of California at San Francisco, Hastings College of the Law, and graduated Cum Laude from the University of California, Riverside, with Bachelor of Science in Economics and a Bachelor of Arts in Political Science.
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 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 brings over 15 years of financial and accounting experience to his position as the 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 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.
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.
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.
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.
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.
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.
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 five California teens 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.
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.
Prometheusreg.com
2012 Winner MHN Multifamily Pillars of the Industry Award
2012 Winner MHN Multifamily Pillars of the Industry Award
2012 Winner Multifamily Executive Award My Front Porch
2012 Winner Multifamily Executive Award
"Less corporate, more housing"
2011 Winner NAHB Multifamily Pillars of the Industry Award
2011 Winner NAHB Multifamily Pillars of the Industry Award
2011 Winner NAHB Multifamily Pillars of the Industry Award
2011 City of Hayward
2011 California Landscape Contractors Association
2011 Finalist NAHB Multifamily Pillars of the Industry Award
Prometheusreg.com
2011 Finalist NAHB Multifamily Pillars of the Industry Award
Prometheus Craiglist Ads
2010 MHN Excellence Award
2010 Finalist Silicon Valley/San Jose Business Journal Structures Award
2010 Pacific Coast Builders Conference Grand Award
2010 Finalist NAHB Multifamily Pillars of the Industry Award
2010 NAHB Multifamily Pillars of the Industry Award
2009 Action for Beauty
2009 Finalist NAHB Multifamily Pillars of the Industry Award
2008 Portland Advertising Federation
2008 MHN Annual Design Excellent Award
2008 California Landscape Contractor’s Association
2008 For Rent Magazine Grand Prize Award
2008 Pacific Coast Builder’s Conference Gold Nugget Grand Award
2008 Pacific Coast Builder’s Conference Gold Nugget Merit Award
2008 Pacific Coast Builder’s Conference Gold Nugget Merit Award
2007 Step Inside Design Best of the Web Award of Merit
2007 First Place (MC CONDO/TOWNHOMES/APARTMENTS MAINTENANCE)
Medallion Landscape Management, Inc. (Contractor)
2007 California Landscape Contractors Association
Medallion Landscape Management, Inc. (Contractor)
2006 East Bay Business Times
2006 California Landscape Contractors Association First Place Award
2005 CEL Resident Survey
2005 Multi-Residential
Medallion Landscape Management, Inc. (Contractor)
2005 Builder Magazine
Murano - Plan 5
Cupertino, California
2005 Pacific Coast Builders Conference Gold Nugget Grand Award
Murano (formerly Saron Gardens)
Cupertino, California
2005 Pacific Coast Builders Conference Gold Nugget Merit Award
2005 NAHB Best in American Living Gold Award