Prometheus Hires Kevin Wilkinson as Vice President of Accounting

SAN FRANCISCO--(Business Wire)--
Prometheus Real Estate Group Inc., the largest private owner of multi-family
properties in the San Francisco Bay Area, has hired Kevin Wilkinson, CPA, as
vice president of accounting. Wilkinson oversees all accounting functions for
Prometheus, including those of its 80 properties and corporate office.
Additionally, he is responsible for identifying and implementing new systems and
processes that maximize internal efficiencies, assess and meet reporting
deadlines, and ensure that integrity and accuracy is maintained within all
financial materials. Wilkinson will report to Clay Parker, CFO for Prometheus,
and will be based in the company`s San Mateo, Calif., headquarters.

"We are very pleased to have Kevin on board and look forward to pulling from his
wealth of accounting and financial experience as we continue to grow Prometheus
as an organization," said Parker. "Maintaining accurate and efficient accounting
practices is at the core our business model and I am confident that Kevin will
be another strong addition to our finance team."

Wilkinson has more than 15 years of finance and accounting experience. Before
joining Prometheus, he served as CFO for Knowledge Networks, where he oversaw
all aspects of 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. He also served as corporate controller and treasurer
for Jamba Juice, where he supervised accounts payable, accounts receivable,
internal audit, payroll, financial reporting, fixed asset and construction
accounting, lease management, risk management, treasury, stock administration,
and legal and tax reporting/compliance. Wilkinson earned a Bachelor of Science
in business administration from San Jose State University.

About Prometheus

Prometheus 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 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: two 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.

**Photo available upon request**

Media:
LANE PR
Angie Galimanis, 503-546-7871
Angie@lanepr.com

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