Noel’s professional work spans real estate development, consulting and
nonprofit leadership. His real estate experience extends to more than $1B of
investment activity across a wide diversity of projects, with particular expertise
in mass timber buildings. Noel’s consulting engagements for global brands and local OpCos address challenges that lie at the intersection of business and built-environment complexities. His nonprofit work, from children’s theaters to XC ski areas to riverfront parks to early childhood projects, help civic organizations across renewal, recapitalization and
realization needs.
Noel’s academic engagements center on entrepreneurial behavioral finance
themes - often pertaining to housing, urban economics or policy, sustainable
development investment and scaling the mass timber building industry.
Research examples include:
- Documenting the business cases for most of our nation’s earliest market
rate mass timber developments (published by Woodworks.) - Demonstrating the visualization of housing production flows data to spur
city data-driven decision-making. - Distilling adjustment factors for asset valuation ratios to account for the
distribution of risk-adjusted return outcomes of mass timber versus code
standard structural designs (ongoing.) - Categorizing and capacity-building for the mass timber ecosystem as it
relates to capital flows, across both investor and investees (ongoing.)
In addition to his research, Noel is a leading voice within the mass timber building development movement, having provided keynotes around the world for the past decade.
The classes Noel has developed for the Bates Center include: Investing &
Influence, as well as Real Estate & Society. Noel’s teaching approach is to
collaborate with many guest speakers and regular co-lecturers to ensure
broad perspectives and myriad teaching styles infuse the learning journey.
Noel’s academic journey includes graduate degrees from Stanford Business
School (Management) and Portland State University (Real Estate) as well as
Williams College for undergrad (Political Science, Economics & Geology.)
Born in Minnesota, he loves exploring Oregon’s beauty on skis, bikes & runs.