Chief Executive Officer Molly McShane and President Mat Dougherty were named to Crain’s Chicago Business’ list of Notable Leaders in Commercial Real Estate.
Named CEO of The McShane Companies in 2020, Molly navigated the challenges of the pandemic while expanding the company, including opening a new regional office in Nashville, Tennessee, putting $2.5 billion of construction work in place, and selling $461 million in real estate assets. By 2022, the firm reached record profits and was named the second-largest woman-owned business in Chicago. This year, Molly is being recognized for her achievements and commitment to mentoring and developing women in commercial real estate with The Goldie Initiative’s 2024 Shero award.
Mat was named President of McShane Construction Company in 2021 and, since then, has expanded the business – both geographically and through the development of new programs. To support the growth McShane experienced in the Southeast, Mat opened the firm’s sixth office in Nashville. To equip young managers to become leaders in the company, he founded a developing leaders program. Additionally, he instituted a comprehensive Quality Assurance/Quality Control program focusing on first-time quality. As a result of his efforts, the company was named one of the Best Places to Work in Chicago and Alabama and is recognized as the third-largest multi-family builder in the nation.