Matthew Brian is the founder and managing director of Residual Development Group and brings over 20 years’ experience in the field of real estate development.
Residual Development Group LLC is an emerging MBE (MBE Certified),
Brooklyn-based development company owned by Matthew Brian. Residual focuses on the new construction of affordable, mixed-income and mixed-use projects throughout the five boroughs of New York City as well as joint venturing with other developers.
Prior to forming Residual, Matthew was Executive Vice President and Head of Development at Omni New York, where he was responsible for overseeing numerous projects and managing all members of the Omni development team.
While at Omni, Matthew was involved in a $120 million portfolio acquisition, multiple acquisition/loan closings of rehab projects, and new construction projects totaling 1,400 units. Prior to his tenure at Omni, Matthew was a Vice President at The Richman Group Development Corporation, where he was responsible for underwriting, structuring and closing construction and permanent financing for affordable and market rate rental residential developments throughout the United States. From 2006 to 2008, Matthew worked at the New York City Housing Development Corporation. Matthew has a Master in Real Estate Development from the University of Southern California, a Masters in Urban Planning from the University of California at Los Angeles, and a Bachelor’s in Political Science and Economics from UCLA.