Innovative, privately held, real estate investment firm. Our goal is to drive strong multifamily investment returns by creating superior living environments.

Third-generation family business
As a third-generation, family-owned company, our family roots remain. David Sherman leads our team in acquiring the best collection of multifamily properties in the United States. Every day, we strive to provide outstanding communities for our residents and their families, in turn ensuring stable returns for our investors and theirs.
Celadon on Club
Acquired August 25, 2026, Celadon on Club is a Class A multifamily property in Lawrenceville, Georgia. Built in 2023, the community's 352 one- to three-bedroom apartments are located in Gwinnett County, Atlanta's fastest-growing suburban corridor. With a robust suite of amenities on site, a 25-acre park across the street, and several city centers nearby, residents have abundant opportunities for entertainment, dining, shopping, and career growth.
PROPERTY HIGHLIGHTS
- 16 acres of green space & walking paths
- Purpose-built layouts with workstations, bookshelves, & custom closets
- 3,000-square-foot pool surrounded by open-air, covered lounges

Representative Properties
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909 Flats
909 Flats is a Class A multifamily property in Nashville, Tennessee. A 2017-construction, the community offers 232 apartments in studio, one-, and two-bedroom floor plan options. The property is ideally situated at the edge of Capitol Hill and Germantown, one of the city's most desirable neighborhoods for its vibrant restaurant and nightlife scene. Just north of downtown, the area hosts top employers, like Amazon, Pinnacle, and UBS, within walking distance to the property. For remote workers, 909 Flats offers multiple lounges, including private art and music studios, a streaming lounge, and coworking spaces. With the Nashville Farmer's Market across the street and new retail booming around the property, residents have access to the heart of the city from 909 Flats.
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Standard at Legacy
The Standard at Legacy is a 2020-constructed Class A apartment community located in northern San Antonio. The 323-unit property consists of one- to three-bedroom premium apartments and multi-level townhouses. Residents enjoy a wealth of amenities, including a luxe clubhouse lounge with a catering kitchen, golf simulator, and conference rooms. Plus, the area provides easy access to the San Antonio International Airport, The University of Texas at San Antonio, major employers, and downtown. The Standard at Legacy is luxury leasing at its finest.
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Skye Suwanee Town Center
Skye Suwanee Town Center is a Class A multifamily property in Suwanee, GA, a northern Atlanta suburb. The 2020 construction boasts 233 apartments and ten impressive amenity spaces. Residents love the all-inclusive access to unique spaces like the wine cellar, two-story fitness center, and rooftop terrace with retrofitted Airstream lounge. Skye's midrise-style property delivers studio to three-bedroom apartments reaching nearly 1,500 square feet. The walkable suburb of Suwanee gives residents less than a half-mile walk to restaurants, shopping, and community events in the Town Center, and the property’s ground-level retail spaces are full with Thrive Coworking and Warm Waves coffee shop. Skye Suwanee delivers luxury suburban leasing with an urban feel.
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85% Repeat Investors
Our dedication to delivering exceptional returns leads to investors returning fund after fund.
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FUNDS XIV, XV, & XVI
Currently buying on behalf of our fourteenth and fifteenth funds and raising our sixteenth.



Sustainable Growth
We maximize value while minimizing risk, ensuring that investors benefit from long-term growth.

Leveraging our Expertise
Our proven team responsibly invests in strategic acquisitions and capital improvements.


Acquisitions
Sherman Residential is a private equity real estate firm located outside of Chicago, IL. We acquire existing multifamily apartment communities in designated markets throughout the United States that meet the following criteria:
PROPERTY DESCRIPTION
- Garden-style or mid-rise apartment complexes
- Built after 2010
- Attractive grounds, comprehensive amenity package & good unit mix
- Strong locations in highly sought-after markets
Our Team
We've built a team of real estate professionals dedicated to making each community a success. Around the country, these individuals work together to improve each property year over year from acquisition to disposition. Our core team values forethought, analysis, collaboration, and transparency.

In the News
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Sherman Residential Adds Third Multifamily Asset to Their Charlotte Portfolio with the Acquisition of Lemmond Farm

Sherman Residential Expands Charlotte Multifamily Portfolio with the Acquisition of The Wrenley

Sherman Residential Reenters Nashville’s Multifamily Market with the Acquisition of 909 Flats


