Matthew Linde
Principal
Ceo
People Restoring Communities
(Property Resources Corporation, PRC)
10 Bank Street, Suite 550 White Plains, NY 10606
People Restoring Communities NYC portfolio
$557.5 million -elevator 93%, walkup 5%; Brooklyn 91%, Bronx 8%*
409th largest portfolio by dollar value
1,802,177 sqft – elevator 85%, walkup 14%; Brooklyn 74%, Bronx 25%
269th largest by SF
19 properties – Bronx 63%, Brooklyn 36%
551th largest
1,950 residential units – Brooklyn 76%, Bronx 23%
168th largest by residential units
Person Activity past 24 months:
Borrower signatory: 2 for $460.7 million
Developer (new building or major alteration): 5 for 0 square feet
Top Ten Associated Companies:
NYC Housing Development Corporation (1), Acore Capital (1), Cain International (1), Pacific Western Bank (1)
Top Ten Associated People:
Brian Cheigh (1), David Dancer (1)
Recent activity as signatory:
• Hudson Companies and People Restoring Communities borrowed $403.6 million from NYC Housing Development Corporation for 828 Ashford Street on June 23, 2026.
• Property Resources Corporation borrowed $57.1 million from Acore Capital for 85 Lewis Avenue on November 13, 2024.
• Cain International on June 08, 2023 bought a loan with an original principal of $43.2 million from Pacific Western Bank, signed by Joseph Pace, secured by 85 Lewis Avenue, when owned by Property Resources Corporation.
• Property Resources Corporation borrowed $43.2 million from Pacific Western Bank for 85 Lewis Avenue on February 18, 2021.