The history of our company goes back to 1922 when Benjamin E. Sherman, the firm's founder, opened a small office on the West Side of Chicago. Benjamin initially focused the company on Chicago based residential and commercial real estate transactions.
In 1948, Benjamin’s son Leonard Sherman joined the family business and expanded the focus. He not only grew the commercial real estate to encompass larger commercial office buildings in the downtown Chicago area but also became one of the country’s leading condo developers.
Leonard’s son, David Sherman, joined the firm in 1986. David saw an opportunity to shift the company focus from “buildings” to “communities”. He concentrated his efforts into the multifamily apartment business. The company purchased its first community in 1990 and under David’s direction we continue to thrive and expand our multifamily portfolio.
In 2002 we rebranded Benjamin E. Sherman and Sons as Sherman Residential to reflect the new focus and direction of our national multifamily housing business. Since 1990 Sherman Residential has acquired over 19,400 apartment units and over 60 communities.
As a third generation family owned company, our family roots still remain. We continue to pursue our goal of being the best owner and operator of multifamily properties in the United States. Every day we strive to provide outstanding service to our residents, challenging and rewarding opportunities for our associates and a place for our investors to achieve stable returns while minimizing investment risks.
Overview
Mentions in press and media 14
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| Sep 2, 2024 | The Evolution of Unix: A Legacy of Innovation | Unix is a name that resonates through the corridors of computing history. It’s a foundation, a blueprint, and a legacy that has shaped modern operating systems. To understand Unix is to understand the evolution of technology itself. In 1969... |
| Sep 1, 2024 | Multifamily Acquisition in Booming Southeast Kansas City, MO Suburb | The Donovan is a 2020-constructed, Class A multifamily property offering 327 luxury apartments to the residents of Lee's Summit, MO. Sherman Residential has proudly acquired The Donovan, a Class A multifamily property in Lee's Summit, Misso... |
| Jun 14, 2024 | Multifamily Acquisition in South Austin Suburb of Kyle, TX | Oaks on Marketplace Luxury Apartments in Kyle, TX Sherman Residential has proudly acquired Oaks on Marketplace, a Class A multifamily property in Kyle, Texas. AUSTIN, Texas, June 14, 2024 /PRNewswire-PRWeb/ -- Oaks on Marketplace is an upsc... |
| Jul 26, 2023 | Multifamily Acquisition in San Antonio, TX │ Sherman Residential Adds Eleven West to its Texas Portfolio | The newly built San Antonio property, Eleven West, is a proud addition to the Sherman Residential multifamily portfolio. The acquisition of Eleven West will be our third deal currently in the marketplace. We were attracted to Eleven West du... |
| Jul 24, 2023 | Multifamily Acquisition in the Fast-Growing Dallas Suburb of Allen, TX | Axis at Watters Creek is multifamily property built for cultivating community and set in the enviable center of Allen, TX. We were able to acquire Axis at Watters Creek with an in-place Freddie Mac loan with favorable terms. The acquisition... |
| Jan 10, 2023 | Year-End Multifamily Acquisition of 2022-Built Property in Grand Prairie, TX | Sherman Residential has proudly acquired Axis Grand Crossing, a 2022-constructed, Class A multifamily community in Grand Prairie, Texas. GRAND PRAIRIE, Texas (PRWEB) January 09, 2023 Sherman Residential has returned to Grand Prairie, TX, wi... |
| Jan 9, 2023 | Year-End Multifamily Acquisition of 2022-Built Property in Grand Prairie, TX | Sherman Residential is proud to be the new owner and operator of Axis Grand Crossing luxury apartments in Grand Prairie, TX. The acquisition of Alta Grand Crossing continues our firm’s history of investing in high-quality real estate in the... |
| Apr 6, 2022 | Sherman Residential Expands in the Kansas City Northland with New 328-Unit Multifamily Property Acquisition | Sherman Residential Acquires Kinsley Forest KCMO Luxury Apartments Kinsley Forest's proximity to downtown and many of Kansas City's top employers drove us to pursue the property. KANSAS CITY, Mo. (PRWEB) April 06, 2022 The 328-unit property... |
| Dec 27, 2021 | 2020-Built San Antonio Multifamily Property Changes Ownership | Raising the Standard of Luxury Leasing in San Antonio The acquisition of The Standard at Legacy continues our firm’s long-term commitment to investing in the San Antonio metropolitan area. We look forward to continuing to pursue the acquisi... |
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FAQ about Sherman Residential
When was Sherman Residential founded?
Sherman Residential was founded in 1922.
What has the press written about Sherman Residential?
Parsers VC has collected 14 articles mentioning Sherman Residential, among them “The Evolution of Unix: A Legacy of Innovation” (Sep 2, 2024) and “Multifamily Acquisition in Booming Southeast Kansas City, MO Suburb” (Sep 1, 2024).
Is Sherman Residential still active?
Yes, Sherman Residential is active; its latest activity on Parsers VC dates from Sep 2, 2024.