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Richelle Allen

Adjunct Assistant Professor in Real Estate Development

Richelle Allen is the Vice President of Corporate Finance & Asset Management for HRI Hospitality and is also an Adjunct Assistant Professor in Real Estate Development at the Tulane University School of Architecture.

Over a twelve-year period, she led development efforts on multiple large-scale hospitality, market-rate multifamily, mixed-use, and affordable housing transactions in Louisiana and throughout the U.S. ...

Beginning her career at HRI just two years after Hurricane Katrina made landfall near New Orleans, Richelle worked her way up from an entry level Financial Analyst position to serve as Vice President of Development. Over a twelve-year period, she led development efforts on multiple large-scale hospitality, market-rate multifamily, mixed-use, and affordable housing transactions in Louisiana and throughout the U.S., including such notables as Hibernia Tower (New Orleans), The Mayflower (Dallas), Homewood Suites (New Orleans), and a dual-branded Hyatt Place / Hyatt House (Indianapolis).

After taking a four year hiatus to work at Stonehenge Capital, a national firm specializing in federal and state tax credit syndication, she returned to HRI Hospitality in May 2023 with an even deeper understanding of institutional quality real estate development, capital markets, and project finance.

Always passionate about making a difference, Richelle has participated in numerous Capital Hill advocacy efforts and has engaged in various capacities for local and national organizations including the Urban Land Institute, the Historic Tax Credit Coalition, the Affordable Housing Tax Credit Coalition, the Louisiana Workforce Housing Coalition, the Louisiana Historic Tax Credit Coalition, Preservation Resource Center of New Orleans, and as a steering committee member of Smart Growth America’s LOCUS, an alliance for promoting sustainable development in walkable communities throughout the United States.

She twice attended Tulane University, earning a Master of Finance degree in 2007 and a Bachelor of Science in Management, with a dual concentration in Finance and Business Management, in 2006.