NorthDoor is a real estate brokerage and development company focused on commercial projects in Arkansas and select markets in the Southeast U.S.
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We develop meaningful multifamily, office, retail and mixed-use projects that help communities grow. We also provide other developers with development services to maximize efficiencies and help bring their projects to fruition.
Achieve what can only be achieved together, and succeed through unwavering commitment.
Mission & Philosophy
Strategy & Process
Examine feasibility, identify risks and leverage in-place systems to maximize the value of every project for every client we serve.
Test
Test value through careful feasibility
Execute
Manage with diligence to achieve stated returns
Research
Study data to reveal highest and best use
Development Services
Our services cover the entire development process, from early feasibility and entitlements to construction completion.
Market Analysis
Market Studies
Comp Valuations
Planning Reviews
Supply & Demand Analysis
Due Diligence
Site & Environmental Reports
Zoning & Entitlements
Financial Modeling
Budgets & Pricing
Project Management
Underwriting & Financing
Deal Structure & Accounting
Construction Oversight
Investor Reporting
Development Profile
From Class "A" new developments to value-add conversions, our projects include asset classes and product types in both urban and suburban environments.
Multifamily
Retail
Office
Mixed-Use
Our team at NorthDoor has acquired numerous commercial real estate assets, and helped oversee the development of multifamily, office, retail, mixed-use and historic tax credit projects.
Northdoor Projects
Office - 112 West Center
Office - 2120 Riverfront
Ground-Up Multifamily - The Clayton
Retail - Whataburger
Ground-Up Multifamily - Legion Row
Mixed-Use Redevelopment - East Village
Hospitality - The Haywood Hilton
Office - One Corporate Square
NorthDoor Leadership
Ray Nolan
Founder and Principal
Ray has worked in the commercial real industry since 2009. Starting with Fedora, a 24-unit townhome project he developed as Founder of Ewing Development, Ray has led a wide range of ground-up, value-add and historic tax credit developments. These include multifamily, office, retail, storage and mixed-use projects.
Since 2012, Ray has held key leadership roles for Cherry Ridge, an Arkansas based farm, timber and commercial real estate company. Ray oversees the acquisition and development of the company’s commercial real estate assets, and he currently serves as a Principal and Managing Member. By implementing an initiative to reposition Cherry Ridge’s commercial real estate portfolio, Ray has nearly doubled its value through strategic investment in both redevelopment and ground-up development projects.
From 2015 to 2023, Ray also served as VP and Senior VP of Development for Moses Tucker Partners (MTP), a full-service commercial real estate firm located in Little Rock, AR. During his time at MTP, Ray was integral in the development of numerous projects that helped support the needs of the communities they serve. These include The Clayton, Legion Row and The National apartments; EJ Ball office building; East Village mixed-use redevelopment; and The Haywood Hilton Tapestry hotel.
Advisory Board
The NorthDoor advisory board is made up of professionals from diverse backgrounds, providing important guidance to help steer the ship when challenges arise.
Bryan Stanley, President
Bryan J. Stanley, P.A.
Ken Tousley, Co-Founder & Partner
Hamilton Urban Partners
Timothy Tanko, Founder & CEO
QuantPro.AI