Sherman Residential

About Sherman Residential

Sherman Residential is a real estate operator headquartered in Skokie, IL. Sherman Residential operates in Charlotte, North Carolina, Chicago, Illinois and Dallas, Texas. Its investment focus is on Multifamily - Core, Multifamily - Ground-up and Multifamily - Value-Add.

Sherman Residential is a privately held real estate owner and operator headquartered in Northbrook, Illinois. The firm traces its origins to 1922 and operates as a third-generation family business with approximately 51–200 employees. The company transitioned its focus toward multifamily housing in 1990 and rebranded as Sherman Residential in 2002. Since 1990, it has acquired more than 29,000 apartment units across roughly 96 communities nationwide, with total asset purchases exceeding $2 billion. Sherman Residential is primarily focused on the acquisition, ownership, and management of multifamily apartment communities across the United States. Its portfolio strategy emphasizes long-term ownership, operational management, and community-based residential assets rather than short-term development or disposition. Historically, the firm also operated in commercial and condominium development, but its current platform is centered on stabilized apartment communities and national multifamily investments.

Principals at Sherman Residential