Prometheus Real Estate Group Recognized for Professional Excellence

Jul 07, 2014

IREM Institute of Real Estate Management

(Chicago, June 2, 2014 ) – The Prometheus Real Estate Group, headquartered in San Mateo, CA, has earned the Accredited Management Organization (AMO) accreditation from the Institute of Real Estate Management (IREM), an affiliate of the National Association of Realtors.  The AMO accreditation is the only one in the industry that recognizes excellence among real estate management firms. Firms that earn it must demonstrate the highest standards in professional service, financial stability and accountability, and have a Certified Property Manager (CPM) directing and supervising the real estate management team.  In addition, AMO firms must abide by the rigorous AMO Code of Professional Ethics that is strictly enforced by the Institute.

Prometheus Real Estate Group is the largest private owner of multi-family properties in the San Francisco Bay Area, with a growing portfolio of more than 18,000 metropolitan-area apartments in the Seattle, Portland, OR, and Los Angeles communities.  Since its inception in 1965, Prometheus has specialized in the acquisition, development and management of high-quality residential and commercial properties throughout the Western United States.  Prometheus has a long history of award-winning approaches to development, management, and general excellence.  The firm has been awarded the top property management firm year designation for the past four years, recognized by both NAHB (2011, 2013) and MHN (2010, 2012, 2013).

This year, it was cited as one of the Bay Area’s “Best Places to Work” by the San Francisco Business Times and the San Jose/Silicon Valley Business Journal.  The senior management team at Prometheus averages an 18 year tenure, and the firm today has more than 700 employees. For more information visit
The Institute of Real Estate Management (IREM) is an international community of real estate managers dedicated to ethical business practices, maximizing the value of investment real estate, and promoting superior management through education and information sharing. An affiliate of the National Association of REALTORS®, IREM is the home for all industry professionals connected to real estate management – and the only organization serving both the multi-family and commercial sectors.

We believe that good management matters, and that well-managed properties pay dividends in terms of value and in the quality of life for residents, tenants and customers. We believe in professional ethics. We believe in the power of knowledge and the importance of sharing it.

IREM offers a variety of membership types for professionals of every experience level, from on-site managers to high-level executives. Our credentials, earned by meeting high standards of education, experience, and ethical business practices, include: Certified Property Manager (CPM), Accredited Residential Manager (ARM), Accredited Commercial Manager (ACoM), or Accredited Management Organization (AMO).

Since 1933, IREM has set the standard for best practices in real estate management. Today, IREM membership includes 19,000 individual and 550 corporate members. To learn more about IREM, call (800) 837-0706, ext. 4650 (outside the U.S. call (312) 329-6000), or visit