KEY TAKEAWAYS: Ricci Real Estate opens in April in Uptown New Orleans Founded by Michael Ricci with Cheryl Tynes McAdam as president Launch office starts with a dozen agents, planning statewide growth Focus on local expertise, leadership, and agent support   Two seasoned Gulf Coast real estate professionals are launching a new Louisiana-based residential brokerage, Ricci Real Estate, set to open in April in Uptown New Orleans, with plans to expand statewide. The firm is founded by Louisiana real estate attorney and industry executive Michael Ricci, who has spent decades advising developers, investors, and brokerage teams across the Gulf Coast. Veteran brokerage leader Cheryl Tynes McAdam will serve as president, overseeing day-to-day operations. McAdam previously managed 25 branches for Latter Blum, one of the region’s largest residential brokerages. Ricci said the company was created to provide local real estate professionals with support and infrastructure tailored to Louisiana’s market. “This company was created to support [agents] and help them succeed long-term,” he said. McAdam emphasized the firm’s focus on combining strong leadership with operational excellence. “We are focused on creating a company where agents have the support, leadership, and infrastructure they need to succeed and where communities know they are working with professionals rooted in this state,” she said. The Uptown New Orleans office will launch with about a dozen agents serving the Greater New Orleans area, supported by Ricci, McAdam, and industry veterans Al Palumbo and Suzy Weathers. The office is intended as the initial hub for expansion into other Louisiana markets in the coming months and years, guided by agent quality, performance, and market demand. Ricci highlighted the brokerage’s long-term vision: “We are building a company that understands our culture, our neighborhoods, and our people from the inside out – a company that is here for the long haul. Even as we grow throughout the South, Louisiana will always be home.” The launch of Ricci Real Estate reflects a trend of locally focused residential brokerages aiming to offer a mix of strong leadership, operational support, and stability in a competitive Gulf Coast market. ...read more read less