Primestor was established in 1992 to become the administrative, management and development arm of a now 25 year family-owned business. Primestor is managed day-to-day by the founders with a detailed hands-on ownership approach.
Mr. Sneider is a founding partner and CEO of Primestor Development, Inc. His primary responsibilities include acquisitions, project conceptual design, financing, and corporate management. With a strong focus in largely underserved urban communities and under his direction, Primestor's diverse portfolio has maintained an approximate 95% occupancy rate in approximately eighty projects. Mr. Sneider was nominated as Entrepreneur of the Year in 1997 by Hispanic Business Magazine and has had extensive written and televised press about him and his work.
Mr. Tyberg is a founding partner of Primestor Development, Inc. His primary responsibilities include oversight of Property Management, Operations, Development and Construction Management, and corporate management. Mr. Tyberg has been responsible for the successful development and construction of every project Primestor has been involved in, with over 500 million dollars in asset value created on over 50 projects. Prior to joining Primestor in 1993, Mr. Tyberg was a student at Boston University, Lorenzo de' Medici College in Florence, Italy, and the American International School of Florence.
Mr. Araki is responsible for Primestor’s Investment and Capital Market activities in the US. He joined Primestor in April 2011, has over 22 years of real estate investment experience, and has participated in structuring over $3 billion of transactions over the course of the last 15 years. Prior to joining Primestor, he was Managing Director with Metzler North America, Managing Director with CBRE Investors, and Vice President of Acquisitions for Prudential Real Estate Investors in both Los Angeles and San Francisco. Mr. Araki holds a Bachelor of Business Administration degree in Finance from the University of Hawaii at Manoa.