New Orleans Restoration Properties
2–10 employees 2 principals
Last updated
About New Orleans Restoration Properties
New Orleans Restoration Properties is a real estate operator. New Orleans Restoration Properties operates in New Orleans, Louisiana. Its investment focus is on Affordable Housing, Hospitality and LIHTC.
New Orleans Restoration Properties (NORP) is a fourth‑generation, minority‑led real estate development firm based in New Orleans, founded by Paul Irons and Marcy Delatte. The team brings over 100 years of combined experience in construction, property management and real estate finance. NORP focuses on restoring and building multifamily housing, mixed‑use, hospitality and affordable units. They rehabilitate historic structures over 100 years old—preserving features like hardwood floors, chimneys and windows—and develop new construction using tax credits, PILOTs and public funding. Their annual development target is at least 96 high‑quality units per year. Sample projects include Grove Place (32 units on 1.8 acres), Franklin Senior Apartments (63 senior housing units) and St. Bernard Circle.
Principals at New Orleans Restoration Properties
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2 principals on file
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Recent activity at New Orleans Restoration Properties
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New Orleans Restoration Properties's project portfolio
4 projects on file · Multifamily (2), Mixed-Use (1), Residential (general) (1)
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Markets and themes
Markets New Orleans Restoration Properties operates in
Investment themes at New Orleans Restoration Properties
Capabilities
- Asset Management
- Construction Management
- Economic Development
- Environmental Remediation
- Site Development
- Sustainability
- Urban infill
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Frequently asked questions about New Orleans Restoration Properties
- What does New Orleans Restoration Properties do?
- New Orleans Restoration Properties (NORP) is a fourth‑generation, minority‑led real estate development firm based in New Orleans, founded by Paul Irons and Marcy Delatte.
- What markets does New Orleans Restoration Properties operate in?
- New Orleans Restoration Properties is active in New Orleans, Louisiana.
- How many employees does New Orleans Restoration Properties have?
- New Orleans Restoration Properties has 2–10 employees.