Increase in capital boosts HRI Properties' revenue

Posted on: May 11 2015

By Robin Shannon, Managing Editor

Editor’s note: This series of profiles looks at the fastest-growing companies in the New Orleans area, revenue-wise, over the past three years.

HRI Properties has been able to capitalize on an increasing demand locally for additional residential and hotel development within the Central Business District, but now the company has its sights set on continued success on a national level.

The real estate development firm, which specializes in the adaptive reuse of historic office buildings as new residential or hotel projects, has seen a three-year growth rate of roughly 75 percent, according to CityBusiness staff research. The company pulled in $171.1 million in revenue in 2014.

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