What Does HRI Properties Do?

Total employees420
HeadquartersNew Orleans
Founded1982

HRI Properties, LLC (HRI) is a diversified, national real estate company engaged in the ownership, development, and management of upscale branded and independent hotels, luxury apartments, and mixed-use properties. Founded in 1982, HRI has a strong track record in the adaptive reuse of historic structures and the development of new construction projects, often in urban, infill locations. Their mission focuses on revitalizing cities by creating diverse, vibrant, and sustainable communities. HRI is dedicated to developing and managing high-quality projects that generate value for their investors, partners, and the communities they serve. In 2022, HRI Properties was acquired by an affiliate of York Capital Management and Certares Management LLC, with HRI Hospitality continuing to manage the portfolio.

Where Is HRI Properties's Headquarters?

HQ Function

Serves as the central hub for corporate operations, including development strategy, finance, legal, human resources, and executive leadership for HRI's national portfolio.

Notable Features:

Located in a prominent downtown building, offering modern office facilities designed to foster collaboration and innovation. The choice of New Orleans reflects the company's deep roots and expertise in urban revitalization.

Work Culture:

The headquarters fosters a dynamic and collaborative work environment, driven by a passion for real estate development, historic preservation, and community building. Employees often share a commitment to quality and attention to detail.

HQ Significance:

The New Orleans headquarters is significant due to the company's founding in the city and its extensive work in revitalizing historic New Orleans neighborhoods. It symbolizes their commitment to urban renewal and deep understanding of complex development projects.

Values Reflected in HQ: The headquarters' location and operations reflect HRI's values of community engagement, strategic growth, excellence in development, and a commitment to preserving and enhancing urban landscapes.

Location:

HRI Properties primarily operates within the United States. Their functions, supported nationally, include real estate development, property acquisition, asset management, construction management, and hospitality management (through HRI Hospitality). While not global in operations, their investor base and partnerships can have international reach.

Street Address:

600 Carondelet St, 10th Floor

City:

New Orleans

State/Province:

Louisiana

Country:

USA

Where Else Does HRI Properties Operate Around the World?

Dallas, Texas, USA

Address: Information on specific street address for regional offices is not readily public; operations are often managed from key properties or co-working spaces for regional teams.

To expand HRI's footprint in the growing Texas market, leveraging local expertise for project sourcing, development, and property management.

Richmond, Virginia, USA

Address: Specific regional office addresses may vary; often tied to active development projects or managed property locations.

To oversee HRI's portfolio and development pipeline in Virginia and surrounding states, capitalizing on urban renewal trends and historic preservation opportunities.

Buying Intent Signals for HRI Properties

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading HRI Properties? Meet the Executive Team

As of April 2025, HRI Properties' leadership includes:

A. Thomas Leonhard, Jr. - President & CEO, HRI Properties and HRI Hospitality
Josh F. Gummersall - Chief Development Officer, HRI Properties
Michael Coolidge - Chief Investment Officer, HRI Properties
Eddie J. Puls - Chief Financial Officer, HRI Properties and HRI Hospitality
Michael Smith - Chief Operating Officer, HRI Hospitality

Who's Investing in HRI Properties?

HRI Properties has been backed by several prominent investors over the years, including:

York Capital Management (via affiliate, acquired HRI Properties in 2022)
Certares Management LLC (via affiliate, acquired HRI Properties in 2022)
Various institutional and private equity partners on a project-specific basis

What Leadership Changes Has HRI Properties Seen Recently?

Hire0
Exits0

As a privately held company, detailed executive movements are not always broadly publicized unless they are of major significance. The most significant recent structural change was the acquisition in 2022, which likely solidified the current leadership team under the new ownership.

What Technology (Tech Stack) Is Used byHRI Properties?

Discover the tools HRI Properties uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

HRI Properties Email Formats and Examples

HRI Properties commonly uses the first initial followed by the last name for their email addresses. This is a frequent pattern in many corporations.

[first_initial][last]@hriproperties.com

Format

jdoe@hriproperties.com

Example

90%

Success rate

What's the Latest News About HRI Properties?

Hotel ManagementNovember 2, 2023

HRI Properties opens new hotel in Baton Rouge

HRI Properties announced the opening of the Rivermark Centre, Tapestry Collection by Hilton, in Baton Rouge, LA. The project involved the redevelopment of a historic downtown building into a 93-room hotel, aligning with HRI's expertise in adaptive reuse....more

PR NewswireAugust 1, 2022

HRI Hospitality Acquires HRI Properties

An affiliate of HRI Hospitality (itself owned by affiliates of York Capital Management and Certares Management LLC) announced that it has acquired HRI Properties. This strategic move aims to leverage the combined strengths of both entities in property development and hospitality management....more

REBusinessOnlineOctober 11, 2023

HRI Properties to Develop 200-Room Tempo by Hilton Hotel in Downtown Nashville

HRI Properties plans to develop a new 16-story, 200-room Tempo by Hilton hotel in downtown Nashville. Construction is expected to begin in early 2024 with completion slated for 2026. This marks HRI's continued expansion into key urban markets....more

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