Congratulations to Andy Rachlin and Nic Howe.
ATLANTA, GA – May 2026 – Shelton McNally Real Estate Partners, an Atlanta-based multifamily real estate investment and development firm, recently announced the promotions of Andy Rachlin and Nic Howe to Director, Development & Acquisitions. Both Rachlin and Howe have played integral roles in the firm’s continued growth since joining the Shelton McNally team in 2021.
Andy Rachlin brings six years of professional experience in commercial banking and education. He received his M.B.A. from Emory University’s Goizueta Business School with concentrations in real estate and finance. Prior to Emory, Andy was an Associate at Cadence Bank in Houston on the Midstream Energy, Chemicals, and Specialty Services team, where he helped manage a $500 million portfolio of approximately 25 loans across the United States. He began his career with Teach For America in Houston at YES Prep North Central, teaching Algebra II and AP Environmental Science and coaching high school basketball and soccer. Andy received a B.A. in History from the University of Texas at Austin.
Nic Howe brings over six years of professional experience in banking and commercial real estate. Most recently, Nic was a Vice President on Hodges Ward Elliott’s Hotel Investment Advisory Group, where he specialized in hotel and resort transactions throughout North America. Prior to Hodges Ward Elliott, Nic was an Associate on Berkadia’s Multifamily Institutional Investment Sales team in Atlanta, where he assisted in the disposition of institutional multifamily assets across the Southeast. Nic received his M.B.A. from Emory University’s Goizueta Business School with concentrations in real estate and finance. He received a B.S. in Finance from Case Western Reserve University and is an active member of NAIOP, ULI, and AYREP Atlanta.
“Andy and Nic have been essential contributors to Shelton McNally’s growth and we are thrilled to recognize their hard work and dedication with these well-deserved promotions,” said Conor McNally, principal at Shelton McNally. “Their expertise in development and acquisitions has been invaluable to our team and we look forward to their continued contributions as we expand our portfolio across the Southeast.”
About Shelton McNally
Shelton McNally is an Atlanta-based real estate investment and development firm. The company is focused 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. The Shelton McNally team has over 200 years of combined experience in delivering institutional quality real estate assets.
