Ryan Bates is the new vice president of development for IDP Properties, a Georgia-based firm with holdings throughout New Orleans.
Bates will be responsible for real estate development and new business in the New Orleans market as well as support the asset management team in overseeing the eight properties IDP Properties has in Louisiana. “Ryan’s extensive experience in tax credits, historic renovations as well as new construction make him the ideal addition to our team as we continue to expand our real estate portfolio,” said Rhett Holmes, President of IDP Properties.
Bates is a native of New Orleans who earned a bachelor’s in business administration from Morehouse College. He began his professional career at JPMorgan asset management where he worked as an investor for large institutions and high net worth private clients. He completed $85MM of Historic Federal and State Tax credit transactions in New Orleans, LA in since 2015. These developments focus on historic adaptive reuse and new construction in New Orleans.
IDP Properties is a full-service boutique real estate development firm headquartered in Valdosta, Ga that invests in and redevelops communities. The firm’s Louisiana holdings include the former New Orleans Federal Savings & Loans Building on Chef Menteur Highway, which it’s planning to convert into senior housing.