Kevin McDonell

Vice President - Development

Office: Middleton, WI

Focus: Identifying development opportunities throughout the Great Lakes region, with a focus on historic preservation and brownfield redevelopment. Kevin plays a role in all phases of the development process from site selection through the construction process and also assists in Commonwealth’s asset management duties.

Experience: Master of Business Administration in Real Estate and Urban Land Economics, as well as a Bachelor of Science from the University of Wisconsin. Prior to joining Commonwealth, Kevin worked as a Senior Underwriter at WHEDA, overseeing in excess of $300M in multifamily and mixed-use projects involving Low Income Housing Tax Credits, HOME Funds, Historic Tax Credits, Section 8, and Supportive Housing. Kevin’s unique experience working as an underwriter and now on the Development side allow him to balance policy goals of the state agencies, with the financial constraints and challenges faced by each new project.

Impressive Facts: While attending the University of Wisconsin’s Graaskamp Center Kevin received the prestigious “Golden-Brick Award” for excellence in Commercial Development and was selected to represent the program at the ULI/Gerald D. Hines Student Urban Design Competition. During his first 3 years with Commonwealth he has submitted 14 affordable housing applications and been awarded tax credits by the respective state agencies on all but one.

Fun Stuff: Kevin, his wife, Heather, and two young boys (Colin and Ryan) appreciate all of the great outdoor activities that Madison and the surrounding area has to offer, such as taking walks along Picnic Point, listening to live music at UW-Madison’s Memorial Union Terrace, and attending Badger sporting events.

Commonwealth is creating unique spaces that not only preserve the history of a community, but inspire communities to embrace and cultivate what makes each place they work in unique.


Four Projects Awarded Financing Through FHLB-Chicago’s AHP Program

Commonwealth is grateful and proud to have four Wisconsin projects receive financing through FHLB-Chicago’s AHP program, totaling close to $2.9…
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Historic Apartments on 4th Wins ND Main Street Award

What an honor to have our Historic Apartments on 4th apartment community win the North Dakota Main Street Award in…
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Commonwealth has been extremely professional and courteous to the staff and the residents still living in our facility. They exceeded our expectations during the construction project as well as during the renovation of a 1923 school. Both projects have turned out to be beautiful and successful for our community.

Nancy McKenzie, Executive Director , Rhinelander Housing Authority