As some capital sources pulled back on construction lending due to COVID-19, workforce housing developers and other builders have increasingly turned to HUD 221(d)(4) financing. HUD 221(d)(4) insures mortgage loans to build new construction or substantially rehabilitate multifamily rental or… ...
National real estate development and construction services provider The McShane Companies announced that its Board of Directors has appointed Molly McShane as Chief Executive Officer effective October 1, 2020. Ms. McShane previously held the position of Chief Operating Officer. "During… ...
As a developer, imagine you are nearing the end of the pre-construction process on your latest development. Construction documents have been completed and your general contractor is pricing the final round of the project to go to contract. You receive… ...
The joint venture team of McShane Construction Company and UJAMAA Construction is pleased to announce the completion of 4400 Grove, a highly anticipated mixed-use development from Brinshore Development and The Michaels Organization. “There is a shortage of affordable housing across… ...
McShane Construction Company has begun construction on Springs at Cooley Station in Gilbert, Arizona, their 20th Springs assignment for the owner, Continental Properties. Currently underway with two additional projects for Continental in the Phoenix area, McShane is assisting Continental in… ...
Lumber prices have been on a sharp incline during the pandemic and hit an all-time high this month. From its 2020 low point back in April, the commodity has risen to over $800 per 1,000 board feet, which is an… ...
Viable land sites are increasingly scarce throughout California, and those that are available are being sold at a premium. As a result, many developers are left scrambling to find affordable dirt for their industrial developments. This poses challenges, as most… ...
McShane Construction Company has completed The Elaine, a new 304-unit luxury apartment residence in Northbrook, Illinois. McShane was selected by the Finger Companies to provide general construction services for the development. “The Elaine is truly a first-class residence,” stated Jeffrey… ...
As a business on the frontlines of the COVID-19 pandemic, it was imperative for us to quickly adapt our safety measures and practices on our construction sites across the country. As a general contractor, we were tasked with not only… ...
The latest edition of our newsletter is now available. In this issue you’ll hear what we’re doing to keep people safe while working through the current pandemic. You’ll also find updates on exciting new projects we’re working on around the… ...
McShane Construction Company has successfully completed the construction of Noble Vines at Braselton, a new multi-family residence near Atlanta, Georgia. The development was constructed on behalf of Claret Communities utilizing HUD 221(d)(4) financing. Built with sustainability in mind, it meets… ...
Hear Molly McShane, Chief Operating Officer of The McShane Companies discuss how she rose through the ranks in the construction and commercial real estate industries. ...