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Business Details
36 Years
experience
Trusted Construction Project Management Services
Construction Management & Development (CM&D) has been a leader in construction project management for over 30 years. Our firm specializes in mitigating risks and maximizing returns on investment for clients across residential, commercial, hospitality, and mixed-use developments. With a global presence and offices throughout the U.S., we provide tailored solutions through services including pre-construction advisory, development management, and construction loan monitoring.

Our team of experts employs standardized control systems and industry-leading methodologies to ensure projects are completed on time, within budget, and to the highest standards of quality. CM&Ds client-centric approach has earned us recognition as a trusted partner for complex developments worldwide.
Services
Project Management Construction Management Development Management Pre-construction Advisory Loan Monitoring
Details
  • Year established: 1990
Highlights and features
  • 30+ years of experience managing complex global construction projects
  • Proven track record in minimizing development risks and maximizing ROI
  • Expert team of construction managers, engineers, and financial analysts
  • Client-focused approach tailored to unique project requirements
  • Global reach with localized market expertise across property sectors
Services
Project Management
CM&D provides comprehensive project management from design through completion. Our team coordinates all phases including entitlements, scheduling, and budget control. Clients benefit from risk mitigation strategies and proven methodologies that ensure timely delivery and cost efficiency for complex developments.
Construction Management
Our construction management services include on-site oversight, quality control, and contractor coordination. We implement standardized systems to monitor progress and maintain compliance with project specifications. This ensures adherence to safety standards and delivery of high-quality results for residential and commercial projects.
Development Management
CM&D offers end-to-end development management services for landowners and investors. We handle feasibility studies, financial modeling, and entitlement processes. Our expertise in market trends and regulatory requirements helps clients maximize asset value while minimizing potential risks during redevelopment projects.
Pre-construction Advisory
Our pre-construction services assess project viability through cost estimating, scheduling, and design reviews. We establish clear objectives for budget, timeline, and functionality to align with client goals. This proactive approach identifies potential challenges early and creates a solid foundation for successful project execution.
Loan Monitoring
CM&D provides construction loan disbursement analysis and control for institutional lenders. We evaluate project progress against budgets and timelines to ensure proper fund allocation. This service protects lender investments by maintaining financial transparency and mitigating risks associated with capital projects.
People
Scott M. Stay
President / Chief Executive Officer
Brings extensive real estate development, acquisitions, and project management experience. Leads strategic direction while ensuring client-focused solutions for complex developments across diverse property sectors.
Paul Wickman
Chief Financial Officer
Offers 29+ years of financial industry expertise in accounting, budgeting, and strategic planning. Oversees financial operations and risk management frameworks for CM&D's global projects.
Demos Pragastis
Chief Operating Officer
Manages multi-disciplinary teams for technically complex projects. Specializes in coordinating construction activities from design development through completion while maintaining strict schedule adherence.
John G. McAustin
Managing Director, Los Angeles Office
Provides 30+ years of development management and financial analysis experience. Focuses on capital structuring and asset optimization for West Coast projects and client portfolios.
Questions
What types of projects does CM&D specialize in?
We manage residential, commercial, hospitality, and mixed-use developments globally. Our expertise includes ground-up construction, redevelopment, and complex capital projects requiring risk mitigation strategies.
How does CM&D minimize construction risks for clients?
Through standardized control systems, experienced teams, and proactive risk assessment frameworks. We implement value engineering and financial monitoring to protect investments throughout project lifecycles.
Do you work internationally?
Yes, we have completed projects in Costa Rica, Belize, India, South Korea, and the Philippines while maintaining core operations across U.S. markets.
What sets CM&D apart from other construction managers?
Our owner-advocate approach combines 30+ years of experience with interdisciplinary expertise in financial analysis, entitlements, and technical construction management for comprehensive project solutions.
Can you assist with financing-related construction projects?
Yes, we provide loan monitoring services for institutional lenders and developers, ensuring proper fund allocation and financial controls for construction projects.