Founded in 1982 by Edward B. Boettner (1933-2000) and Pres Kabacoff, HRI Properties is dedicated to the pursuit of revitalizing cities by creating diverse, vibrant and sustainable communicates. Through its subsidiaries, HRI has completed 61 large-scale projects for a total funding value of over $2 billion which includes 5,000 apartment units, 4,000 hotel rooms, over 1.2 million square feet of office and retail space. After utilizing third party hotel managers for several years, HRI Properties created HRI Lodging ("HRIL") in 2000 to achieve the operating standards and financial performance they expected as hotel owners themselves. Today, HRIL manages properties for multiple owners across the United States and has developed more than $1 billion in hotel projects of its own proudly bearing some of the most prestigious brands in the industry. HRIL's FF&F and procurement services also provide oversight for capital expenditures and major products (development and acquisition/redevelopment).