Senior Vice President and Secretary/Treasurer
Before a single drop of concrete can be poured, projects require well-thought-out financing and, after they’re open, rigorous asset management. HRI Properties’ Senior Vice President and Secretary/Treasurer, Steve Nance, understands this better than anyone. He’s responsible for managing HRI’s capital partner relationships, securing project and corporate financing and overseeing the company’s asset management team.
Since joining HRI in 2008, Steve has completed over $1 billion in total transactions, covering nearly every area of the business. These include corporate and joint-venture private equity investments, hotel acquisition, repositioning, dispositions, developments and redevelopments. Under his leadership, HRI has partnered with private equity firms, investment banks, commercial banks and other capital providers to realize projects that transform urban experiences. Before joining HRI, he spent 15 years in commercial banking with J. P. Morgan Chase and Hibernia National Bank, focusing on hospitality, real estate, financial services and energy services companies.
He holds an MBA from the University of New Orleans and a B.S. in petroleum land management from Louisiana State University. He cares deeply about his community and has served as a board member of the New Orleans Speech and Hearing Center and the New Orleans Rowing Club.