Prometheus Real Estate Group Gains New Asset
The Falls At Arden of Sacramento is newest asset
SAN FRANCISCO, Feb. 3, 2011 /PRNewswire/ -- Prometheus Real Estate Group Inc., the largest private owner of multi-family properties in the San Francisco Bay Area, continues to grow with a new fee managed asset, The Falls At Arden. Located in Sacramento, this 272 unit community is close to downtown Sacramento, conveniently located near Cal State Sacramento and across the street from Swanston Park. "Prometheus is very excited to begin working with our new fee client Embarcadero Realty Services located in Redwood City, California," said Director of Operations, Kellie Meier. "We are also fortunate to have the opportunity to work with the property team that has been part of the operation for the past year and they are thrilled to become Prometheans."
The Falls At Arden, a garden style community constructed in 1988 consists of spacious studio, one, and two bedroom apartment homes. The common areas are well appointed with a clubhouse, billiard room, business center, theater, swimming pool, two spas, fitness center, and two dry saunas.
About Prometheus
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, Ore., and Los Angeles communities. Since its inception in 1965, Prometheus Real Estate Group 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. Recent recognition includes: 2010 MHN Best Property Management Company of the Year, three Gold Nugget Awards and one Grand Award from the Pacific Coast Builder's Conference, First Place in Customer Service and Experience from For Rent Magazine, a California Landscape Association Trophy Award, a Rosey Award from the Portland Advertising Federation and the Multi-Housing News Design Excellence Award. For more information, visit http://prometheusreg.com, Facebook, Twitter, or Linkedin.
**Photo Available Upon Request**
SOURCE Prometheus Real Estate Group Inc.
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