About Us

Our properties are managed by a handpicked team that ensures maximum effectiveness in every discipline. Each team meets on a regular basis to review the status of every PRC property as well as to offer support to each manager in areas that are not their primary area of experience. No PRC manager handles a property in isolation. Each manager is part of the PRC network, operating with the ongoing support of our entire organization.

A strong component of PRC Management’s success is the vertical integration of the PRC Family of Companies. PRC Management’s clients benefit not only from the extensive expertise that comes from over forty years of managing multi-family residential housing in New York City, but also from the knowledge and services offered by our sister companies.

Frank Linde

Co-Chair of the Board

Under Mr. Linde’s leadership, Property Resources Corporation has developed and constructed over 5,000 housing units including low-income, middle income and luxury condominium units. Prior to working in real estate, Mr. Linde worked on Wall Street as an investment banker at various firms including Bear Stearns and Drexel Burnham Lambert. He is a licensed Real Estate Broker, a member of the Real Estate Board of New York, and NYSAFAH. He holds a BA from Brandeis University and an MBA from the Columbia Graduate School of Business.

Mr. Linde is an active member of numerous professional, civic and charitable organizations including serving as Chairman of the New Castle Housing Advisory Board, Vice Chair of the Finance Committee and Member of the Board of Governors of the American Jewish Committee as well as a Board Member of Plaza Jewish Community Chapel. He also serves on the real estate committee of the Greyston Foundation.

John Chatzky

Co-Chair of the Board

Mr. Chatzky is Co-Chair of the Board for The PRC Group. Mr. Chatzky is responsible for all PRC Group legal matters. He has been actively involved in the construction and development of residential housing and has participated in the creation of over 4,500 units of housing. Prior to joining the firm, Mr. Chatzky was associated with the law firm of Dewey, Ballantine, Bushby, Palmer & Wood. He received a B.A. Degree from the University of Pennsylvania and a J.D. Degree from the Georgetown University Law Center.

Mr. Chatzky is a significant benefactor to U.S. Rowing and sits on the Board of the National Rowing Foundation. He is also a member of the Board of Directors of Let’s Get Ready (www.letsgetready.org), a not for profit agency that provides low income high school students with SAT tutoring, admissions counseling, and other support services needed to gain admission to and graduate college.

 

Matt Linde

Principal / CEO

As Principal / CEO, Matt oversees business development, acquisitions, capital markets and development for PRC.  Since joining the firm, he has facilitated some of the largest closings in PRC’s history including a $600m construction loan for the preservation of nearly 1,700 units in East New York and a membership interest disposition for a 2,000-unit LIHTC portfolio in the south Bronx.

Prior to PRC, Matt served as a Director at The Ackman-Ziff Real Estate Group where he worked on some of the firm’s largest and most complicated multifamily debt and equity financings across the country, closing over $5.5 billion of transaction volume throughout his tenure.  Prior to Ackman-Ziff, Matt graduated magna cum laude from Tufts University.

Matt and his brother Ben are firm believers in affordable housing and its ability to transform the lives of residents and communities. They remain deeply committed to using their company’s expertise to preserve and create additional housing opportunities for all.

Ben Linde

Principal / COO

Ben Linde is Principal / COO of PRC and its affiliated companies. He is primarily responsible for the oversight of the strategic, operational, and financial areas of all divisions of PRC. Since joining the firm, he has been actively involved in the development of over $1.3 billion of multifamily residential housing, including the creation or preservation of over 4,200 units of affordable housing. Ben has participated in the oversight and operation of over 7,500 units of multifamily housing ranging from affordable to luxury rentals.

Prior to joining PRC, Ben was employed as a property manager and oversaw the daily management of a portfolio of 25 residential buildings in Manhattan.

Ben holds a B.A. from Washington University in St. Louis and a J.D. from Fordham University School of Law and is a member of the New York State Bar.

Ben is proud to be the third generation in the family business, working alongside his brother Matt to advance PRC’s mission to provide housing that all residents, regardless of income, can be proud to call home.

 

David Khazzam

Executive Vice President & President of Management

Mr. Khazzam is Executive Vice President of the PRC Group and President of Management. He assists in the oversight of the various divisions of the PRC Group and is the senior executive responsible for overseeing the day-to-day operations of PRC Management Corp. Mr. Khazzam has over twenty years experience in real estate management. Before joining PRC, he served as a senior management executive at several mid to large real estate firms, including a tenure with the Related Companies. Mr. Khazzam holds a Bachelor of Business Administration degree in Finance from Hofstra University.

 

 

 

 

Peter Clements

Director of Design & Construction

Mr. Clements is Director of Design and Construction for Melcara Corp. He is also the principal of Peter Clements Architect PC, an architecture firm that provides in-house architectural services for PRC Group development projects. He is responsible for directing all construction management services provided by Melcara. For the 18 years prior to joining PRC, Mr. Clements was principal of a full service architectural firm specializing in the rehabilitation of residential buildings in New York City.

He received his architecture degree from Pratt Institute in Brooklyn, New York. He holds architecture licenses in New York, New Jersey, and is accredited with the NCARB. He is also certified as a Multifamily Building Analyst Professional by the Building Performance Institute, Inc.