Business Details
44 Years
experience
Urban Real Estate Development Experts Since 1982
HRI Properties has been at the forefront of urban revitalization for over four decades, specializing in the ownership, development, and management of upscale hotels, apartment communities, and mixed-use properties. Our vertically integrated approach allows us to handle every stage of a project's lifecycle, from initial design to long-term operations, ensuring quality control and alignment with community needs. With a national portfolio spanning major cities, we combine expertise in architecture, hospitality, and sustainable development to transform underutilized spaces into vibrant urban hubs. Our team's deep experience in historic preservation, affordable housing, and regulatory compliance has resulted in over $3.8 billion in total development and 113+ large-scale projects completed.We prioritize community impact through job creation, workforce housing, and partnerships with local stakeholders, maintaining a commitment to elevating urban living experiences while delivering value for investors and residents alike.
Services
Property Management
Urban Revitalization
Affordable Housing Development
Mixed-Use Development
Historic Preservation
Details
- Year established: 1982
Highlights and features
- We offer 40+ years of experience in urban revitalization and mixed-use development
- Our vertically integrated team manages all project phases from design to operations
- Proven track record with $3.8B+ in total development and 113+ completed projects
- Specialized expertise in historic preservation and sustainable building practices
- Community-focused approach with 48+ mixed-income housing developments completed
Services
Property Management
HRI Management oversees 50+ apartment properties nationwide, specializing in mixed-income and affordable housing. Our team of 150+ experts provides leasing, compliance, maintenance, and resident services while mitigating regulatory risks. With decades of experience in complex developments, we optimize asset performance for owners through proven operational efficiencies.
Urban Revitalization
We transform underutilized urban spaces into vibrant communities through historic preservation and modern development. Our $3.8B+ portfolio includes mixed-use projects that combine residential, commercial, and cultural elements. This approach creates economic growth while maintaining architectural heritage and community character across 113+ completed projects.
Affordable Housing Development
HRI Communities has developed 48+ mixed-income and affordable housing projects using public-private partnerships. We leverage tax credits, historic preservation incentives, and disaster recovery funding to create sustainable communities. Our developments include workforce housing, senior living facilities, and artist lofts that address critical housing needs.
Mixed-Use Development
We create dynamic spaces combining residential, commercial, and retail elements in urban centers. Our vertically integrated team handles complex zoning requirements and regulatory compliance while designing walkable communities. Recent projects include hotel-apartment hybrids and retail-anchored residential developments that maximize land use efficiency.
Historic Preservation
Our expertise includes restoring historic buildings while incorporating modern amenities and sustainable features. Notable projects include transforming the Touro Shakspeare Home and Iberville Public Housing site. We maintain architectural integrity while meeting contemporary living standards through adaptive reuse strategies.
People
David Abbenante
President HRI Management
David leads HRI Management's national apartment operations with over 5,060 units under management. He oversees property performance, resident satisfaction, and investor returns while maintaining a 30-year industry track record in multifamily housing.
Sidney Barthelemy
VP Government Relations Emeritus
A former two-term mayor of New Orleans, Sidney directs HRI Communities' government relations with deep expertise in urban policy and affordable housing programs. He has guided 48+ mixed-income developments through complex regulatory frameworks.
Wes Palmisano
Founder RNGD
As HCI Architecture's design leader, Wes has completed 65+ projects totaling $1.2B in development. He specializes in integrating aesthetic design with construction efficiency for hotel, residential, and commercial projects while maintaining quality control.
Questions
What types of properties does HRI Properties develop?
We specialize in hotels, apartment communities, and mixed-use developments with a focus on urban revitalization and historic preservation.
How long has HRI Properties been in business?
Since 1982, we've been transforming urban spaces with over 40 years of real estate development expertise.
Do you manage third-party properties?
Yes, through HRI Management we oversee 50+ properties nationwide including market-rate, mixed-income, and affordable housing.
What makes HRI different from other developers?
Our vertically integrated approach combines design, construction, and management expertise with a strong focus on community impact.
Are your developments sustainable?
Yes, we prioritize sustainable building practices and have completed numerous LEED-certified and energy-efficient projects.
