New Orleans Restoration Properties
501 N. Norman C. Francis Pkwy #791015 New Orleans, LA 2–10 employees 2 principals
Last updated by Zailyn
About New Orleans Restoration Properties
New Orleans Restoration Properties is a real estate operator headquartered in 501 N. Norman C. Francis Pkwy #791015 New Orleans, LA.
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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