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Sherman Residential acquires Celadon on Club

PRIVATEAug 27, 2026about 3 hours ago

Acquiring Company

Sherman Residential

Acquired Company

Celadon on Club

ChicagoLawrencevilleReal EstateProperty ManagementCommercial Real EstateReal EstateHospitality

Description

Sherman Residential has successfully acquired Celadon on Club, a Class A multifamily property in Lawrenceville, GA. This acquisition expands their Georgia portfolio to over 800 units, highlighting their commitment to the Southeast market. The property is located in a rapidly growing area, providing extensive amenities for residents. Sherman aims to enhance the community experience at Celadon through their dedicated onsite team.

Company Information

Company

Sherman Residential

Location

Chicago, Illinois, United States

About

Sherman Residential is a well-established real estate company with over 100 years of experience in the real estate business. The company has a strong portfolio of properties and assets in five states, focusing on providing high-quality living spaces and reliable property management.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
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M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Celadon on Club?

Celadon on Club was acquired by Sherman Residential, based in Chicago. The deal was reported on August 27, 2026. Sherman Residential is a well-established real estate company with over 100 years of experience in the real estate business. Sherman Residential is privately held and operates in Real Estate.

When did Sherman Residential acquire Celadon on Club?

Sherman Residential's acquisition of Celadon on Club was reported on August 27, 2026. Sherman Residential has successfully acquired Celadon on Club, a Class A multifamily property in Lawrenceville, GA. This acquisition expands their Georgia portfolio to over 800 units, highlighting their commitment to the Southeast market. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Celadon on Club do?

Celadon on Club is a Class A multifamily property located in Lawrenceville, GA. It features 352 luxury apartment units and is designed with resident-focused amenities. The property is strategically situated in a rapidly growing area of Gwinnett County. It is privately held, operating in Real Estate, and is based in Lawrenceville.

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