October 27, 2016 5:02 AM ET

Real Estate Management and Development

Company Overview of HRI Properties, LLC

Company Overview

HRI Properties, LLC provides real estate development services in the United States. It manages hotels and resorts in the continental United States; manages properties, including residential units for HRI properties and third-party owners; and provides real estate financing to public/private partnership developments in low-income communities in large cities and small towns. The company’s projects include apartments/residential condominium units, hotel rooms, and office and retail space. It has strategic financial alliances with Almanac Realty Investors, The Related Companies, Bank of America, U.S. Bank Corp., Kimberly Clark Corporation, Advantage Capital, Chevron, Texaco, Prudential, and othe...

812 Gravier Street

Suite 200

New Orleans, LA 70112

United States

Founded in 1982





Key Executives for HRI Properties, LLC

Chief Executive Officer and President
Age: 48
Co-Founder and Executive Chairman
Chief Financial Officer
Age: 45
Chief Operating Officer of HRI Lodging and President of HRI Lodging
President of HCI Design Inc
Compensation as of Fiscal Year 2016.

HRI Properties, LLC Key Developments

HRI Properties Announces Changes to the Management Team

Pres Kabacoff, co-founder of HRI Properties, is stepping down as CEO of the company and turning the title over to the firm's president Tom Leonhard. Kabacoff will maintain his role as chairman of the board, and Leonhard will continue as president. Eddie Boettner will continue as company's chief administrative officer. Leonhard has earned national respect for his executive ability in building a disciplined organization, attracting top managerial talent. Moving into the CEO role will allow him to concentrate more on the day-to-day operations of the company. Kabacoff will shift his focus toward identifying development opportunities within the nation's 25 largest cities Pres has played the central role in forging the company mission to create diverse, vibrant and sustainable communities.

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."

Similar Private Companies By Industry

Company Name Region
+Process Team LLC United States
02 Lafayette LLC United States
10-12 MLane, LLC United States
10-20 Channel Center Property Owner LLC United States
10/120 South Riverside Fee LLC United States

Recent Private Companies Transactions

October 10, 2016
Merchandise Mart Apartment building in Downtown St. Louis
August 4, 2016
DoubleTree Suites by Hilton Hotel Minneapolis
March 2, 2016
James Robertson Apartments

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Bloomberg L.P. United States
NYC2012, Inc. United States
The Advertising Council, Inc. United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact HRI Properties, LLC, please visit www.hriproperties.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.