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April 25, 2015 7:36 PM ET

Real Estate Management and Development

Company Overview of HRI Properties, Inc.

Company Overview

HRI Properties, Inc. operates as a real estate development company. It engages in the adaptive reuse of historic structures; and rebuild of neighborhoods and recreating communities. The company, through its subsidiaries, develops apartment units, retail boutiques, hotels, grocery stores, housing, offices, artists’ studios, restaurants, and entertainment venues; and rents and sells apartments. It handles projects in New Orleans, Baton Rouge, Lafayette, Houma, New Iberia, Shreveport, and Hammond, Louisiana; Fort Worth and Houston, Texas; Winston Salem, North Carolina; Omaha, Nebraska; St. Louis, Missouri; Jackson, Mississippi; and Richmond, Virginia. The company has strategic financial allianc...

909 Poydras Street

Suite 3100

New Orleans, LA 70112

United States

Founded in 1982





Key Executives for HRI Properties, Inc.

Co-Founder, Co-Chairman and Chief Executive Officer
President and Chief Operating Officer
Chief Financial Officer, Vice President, Secretary and Treasurer
President of HCI Design Inc
President of HRI Management
Compensation as of Fiscal Year 2014.

HRI Properties, Inc. Key Developments

Part Of 10 Story Building May Be Sold To HRI Properties

Part of 10 story building would sell to HRI Properties, Inc. Richard Allen, Project Manager of HRI said, "HRI is under contract to buy the upper floors of the property."

HRI Properties Mulls Acquisitions

HRI Properties, Inc. is seeking acquisitions. HRI Properties is getting up to $150 million of growth capital from affiliates of Almanac Realty Investors LLC and intends to use the funds for to acquire, redevelop and develop mixed-use projects, consisting of apartments and hotels within the urban core of top 25 metropolitan areas. The funds also provide HRI with the flexibility to enter into joint ventures with other institutional partners and property owners.

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