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Conor McNally

Principal, Shelton McNally Real Estate Partners; Adjunct Faculty, Real Estate Development & Investment

  • Atlanta GA UNITED STATES
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Biography

Conor McNally joined Emory University's Goizueta Business School as an Adjunct Lecturer in 2016. Since that time, he has been teaching a course entitled Real Estate Investment and Development.

McNally has more than 20 years of commercial real estate experience, focused primarily on the development and acquisition of multifamily and mixed-use properties ranging from low-density suburban to complex urban mixed-use projects. He is a founding principal of Shelton McNally Real Estate Partners, an Atlanta-based real estate investment and development firm that focuses on ground-up development and value-add acquisition of multifamily communities in growth markets across the Southeastern United States. Since its inception in 2017, Shelton McNally has developed or acquired over $1B of multifamily real estate, comprising 5,000 units.

Prior to Shelton McNally, McNally spent seven years as Chief Development Officer at Carter & Associates, where he led the development of $750M in large commercial office, multifamily and mixed-use projects. In addition, McNally led the Program Management division of the company, overseeing $100M in annual project management activity.

Prior to joining Carter, McNally was Executive Vice President of Operations for Novare Group. At Novare, McNally led the development of over 3,000 condominium units in projects, valuing more than $850 million. Before Novare, McNally spent four years in strategy consulting as a Project Leader at The Boston Consulting Group in Atlanta.

McNally earned a Master of Science degree in Mechanical Engineering from The Massachusetts Institute of Technology and a Bachelor of Engineering degree from University College Dublin (Ireland). McNally serves as the chair of the Downtown Development Authority in Decatur, GA. McNally lives in Decatur, GA with his wife and has two college-aged children.

Areas of Expertise

Real Estate Development
Real Estate Investment
Multifamily Housing
Mixed-Use Development
Corporate Strategy
Value-add acquisitions
Urban redevelopment
Development underwriting
Project Management
Real Estate Finance

In the News

Contractors using massive machine to tear down former Atlanta Medical Center for redevelopment

WSB-TV Channel 2 Atlanta  online

2025-09-26

Quoted on Atlanta Medical Center’s demolition and the planned mixed-use redevelopment, discussing large-scale urban redevelopment and creating a sense of place.

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Grants to boost Decatur businesses as WatchFest26 nears

FOX 5 Atlanta  online

2025-09-03

Quoted as chair of the Decatur Downtown Development Authority about commercial façade, buildout and marketing grants supporting local businesses.

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Decatur unveils affordable workforce housing with Oak Cottage Court

FOX 5 Atlanta  online

2024-08-08

Quoted as Decatur Downtown Development Authority president on workforce housing, affordability and expanding access for middle-income buyers.

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