Richelle Allen

Professor of Practice in Real Estate Development

Richelle Allen is a New Orleans based real estate consultant and educator with nearly 20 years of experience spanning the full life cycle of real estate development and finance. Her work has centered on affordable housing, hospitality, and mixed-use projects across the United States, totaling more than 2,000 residential units, 2,000 hotel keys, and over $1 billion in development costs. She is particularly interested in leveraging federal, state, and local incentives to make meaningful projects possible, with a practice grounded in tax credit finance, public-private partnerships, and the realities of delivering complex projects on time and on budget. Her experience also includes a sustained focus on adaptive reuse and infill development, often in historic and culturally significant contexts.

She is the Founder of Maurepas Partners, a real estate consulting practice focused on feasibility, capital structuring, and development strategy. She works with developers at all points in the project life cycle, bringing a collaborative and solution-oriented approach to her clients.

Richelle spent more than a decade with HRI Properties, where she worked her way up from Financial Analyst to Vice President and helped lead the development and financing of large-scale projects nationwide. She later served as a Director at Stonehenge Capital, where she spearheaded tax credit investment strategies supporting community development initiatives, further deepening her experience in capital markets and tax credit finance.

She has been teaching real estate and finance at Tulane University since 2012, including early appointments in the A.B. Freeman School of Business, and now serves as a Professor of Practice in Real Estate Development at the School of Architecture and Built Environment. In the classroom, her approach reflects her professional work: grounded in practice, collaborative, people-oriented, and focused on preparing students to navigate the complexities and rewards of shaping the built environment.

Richelle holds a Master of Finance and a Bachelor of Science in Management (Finance and Business Management) from Tulane University.