Business Details
47 Years
experience
Your Trusted Partner for Real Estate Development Solutions
Sherman Associates has been a leader in real estate development and property management for over 40 years. Our firm specializes in creating innovative residential, commercial, and hospitality spaces that revitalize communities while prioritizing sustainability and social impact. With expertise in complex financing and urban infill projects, we deliver high-quality developments tailored to neighborhood needs. Our long-term ownership model ensures ongoing commitment to every project's success.We combine LEED-certified construction practices with community-focused design to address modern housing challenges. As an equal opportunity provider, we develop diverse housing solutions ranging from luxury apartments to affordable units. Our team's deep industry experience and dedication to environmental stewardship have established us as a trusted partner in urban development across the Midwest and beyond.
Services
Residential Development
Commercial Property Management
Hotel Development
Sustainable Construction
Affordable Housing
Details
- Year established: 1979
Highlights and features
- We've completed $4B+ in real estate developments since 1979
- Our team manages 12,000+ residential units long-term
- We implement LEED-certified sustainable construction practices
- We utilize innovative financing for community-focused projects
- We develop both luxury and affordable housing solutions
Associations and certifications
- LEED
- Passive House Institute US (PHIUS)
Services
Residential Development
We design and construct high-quality residential communities ranging from luxury apartments to affordable housing units. Our developments incorporate modern amenities, sustainable features, and community-focused spaces. With expertise in historic building conversions and urban infill projects, we create living environments that enhance residents' quality of life while maintaining long-term value through our self-management approach.
Commercial Property Management
Our commercial property solutions deliver prime locations with high traffic visibility and multi-use facilities that support business growth. We develop and maintain office buildings, retail centers, and mixed-use developments with energy-efficient infrastructure. Our long-term ownership model ensures responsive management and continuous property improvements that benefit tenants and maximize investment returns.
Hotel Development
We create award-winning hotel properties under major brands like Hilton and Marriott while developing unique independent concepts. Our hospitality developments combine contemporary design with smart technology integration to meet modern traveler needs. With 300+ hospitality team members, we ensure operational excellence and deliver guest experiences that enhance local tourism economies through strategic location selection and community engagement.
Sustainable Construction
Our sustainability initiatives exceed standard environmental requirements through LEED-certified construction and Passive House methodologies. We specialize in transforming historic buildings into energy-efficient spaces while incorporating solar power and other renewable technologies. Our Verdant project in St. Paul demonstrates our leadership in creating the first mid-rise Passive House multifamily building in its climate zone, setting new benchmarks for eco-conscious development.
Affordable Housing
We develop mixed-income housing solutions that provide stable living environments for diverse populations. Our affordable housing projects utilize complex financing tools while maintaining high construction standards. As an equal opportunity provider, we create 30%+ of our units for lower-income residents, ensuring quality housing remains accessible through long-term property management and community investment programs that address systemic housing challenges.
People
George Sherman
Chief Executive Officer
George Sherman leads our strategic vision with decades of real estate development experience. He oversees all corporate operations while maintaining active involvement in major project decisions. His leadership has guided the company's growth into a national development firm with a strong regional focus.
Chris Sherman
President
Chris Sherman directs daily operations as company president, leveraging extensive industry expertise to maintain development quality standards. He plays a key role in expanding our commercial and residential portfolios while ensuring adherence to our community-focused development principles.
Richard Kiemen
Chief Operations Officer
Richard Kiemen manages operational efficiency across all departments, bringing decades of real estate management experience. He oversees project execution from planning through completion, ensuring timely delivery of high-quality developments that meet financial and community goals.
Janelle Hielscher
Senior Vice President of Corporate Compliance
Janelle Hielscher leads our compliance initiatives with specialized knowledge in regulatory requirements. She ensures all developments meet legal standards while maintaining our commitment to ethical business practices and community responsibility through comprehensive compliance programs.
Matthew Haggerty
Senior Vice President of Asset Management
Matthew Haggerty oversees long-term property value optimization, applying extensive asset management experience. He directs strategies that enhance investment returns while maintaining property quality standards across our residential and commercial portfolios.
Questions
What types of properties does Sherman Associates develop?
We develop residential apartments, commercial properties, and hospitality projects including hotels and mixed-use developments across the United States.
How can I apply for housing at a Sherman property?
Visit our website's property search feature to find available units in your preferred location and complete the online application process.
Does Sherman Associates offer commercial leasing options?
Yes, we provide commercial leasing opportunities in prime locations with high traffic visibility and modern facility amenities.
What sustainability initiatives do you implement?
We incorporate LEED-certified construction, Passive House standards, and solar energy systems in our developments to exceed environmental requirements.
How does Sherman support community development?
We commit to at least one community impact project annually and develop mixed-income housing solutions to address local needs.
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