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About: Conrad Prebys     Goto   Sponge   NotDistinct   Permalink

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Conrad Prebys (August 20, 1933 – July 24, 2016) was a property developer and philanthropist based in San Diego, California. Prebys was born in South Bend, Indiana, and graduated from Indiana University. He moved to San Diego in 1965 and co-founded Progress Construction. He bought out his partner in 1980. Over the years, Prebys shifted his focus from construction to property ownership. As of 2015 Prebys' Progress Management owned 81 properties in the greater San Diego area and had an estimated net worth of approximately US$1 billion. The Blackstone Group agreed to purchase the Prebys apartment portfolio in 2021.