New Orleans Restoration Properties (NORP) is a dynamic, full-service real estate development firm focused on revitalizing communities and transforming neighborhoods. With a mission to provide high-quality, multifamily housing and mixed-use developments, we focus on enhancing the lives of underserved populations through thoughtful urban planning and impactful community projects.
Founded by Paul Irons and Marcy Delatte, NORP has a proud legacy of addressing the growing need for affordable and sustainable housing across New Orleans and beyond. We are committed to creating real estate solutions that provide more than just housing — they provide opportunities for economic empowerment, cultural enrichment, and community growth.
We specialize in multifamily housing development, leveraging over 100 years of combined family expertise in construction, property management, and real estate finance. Our projects are designed with a commitment to sustainability, employing Enterprise Green Communities and Fortified Building Practices to ensure resilience and environmental stewardship.
At NORP, we strive to impact lives through real estate. Whether we’re developing affordable housing for underserved communities or working on market-rate and hospitality projects, we believe that real estate development is not just about buildings — it’s about fostering communities, creating opportunities, and delivering results that matter for everyone involved.
We are proud to be a minority-led firm in an industry where less than 1% of developers are minorities, and we continue to push boundaries with each new project. Our goal is to leave a lasting legacy that strengthens neighborhoods, empowers residents, and elevates cities.
We don’t just develop real estate, we impact lives.
Company Attributes:
- Over 100 years of combined experience
- 4th Generation
- Historic Restoration Specialist
- Licensed Commercial and Residential Building Contractor
- Hospitality Development and Management
- Realtor on Staff
- Property Management
- Tax Credit Finance