Business Details
Your Trusted Partner for Property Development and Management Solutions
Sherman Associates has been a leader in property development and management for over four decades. Our approach centers on three core principles: addressing community needs, delivering innovative solutions, and leveraging appropriate financing strategies. As a long-term owner-developer, we combine extensive experience with a commitment to revitalizing neighborhoods through residential, commercial, and hospitality projects. Our team ensures every development meets the highest standards of quality and sustainability while maintaining a deep focus on enhancing community value. With expertise in transforming city blocks and managing diverse properties, we bring projects to successful fruition through dedicated leadership and strategic vision.Our portfolio includes over 12,000 residential units, 770,000 square feet of commercial space, and a growing hospitality division with 300 team members. We prioritize long-term investment in every project, ensuring lasting positive impacts on residents and businesses alike. Our comprehensive capabilities span design, construction, and financing, supported by a proven track record of over $4 billion in real estate development. Through this approach, we continue to build communities, enrich neighborhoods, and empower people across the United States.
Services
Residential Development
Commercial Property Management
Hospitality Development
Urban Revitalization
Mixed-Use Projects
Highlights and features
- We have over 40 years of experience in real estate development and property management.
- Our team prioritizes community needs and innovative solutions in every project.
- We offer comprehensive services across residential, commercial, and hospitality sectors.
- Our developments have revitalized neighborhoods and transformed city blocks.
- We maintain long-term investment in every project for lasting community impact.
Services
Residential Development
We create vibrant residential communities with modern amenities and sustainable design. Our developments include studio to three-bedroom units across urban and suburban locations. With over 12,000 residential units completed, we focus on enhancing living conditions while maintaining affordability and accessibility for diverse populations.
Commercial Property Management
Our commercial management services cover office buildings, retail centers, and mixed-use developments. We provide comprehensive property management solutions that maximize value for business tenants through strategic maintenance, leasing, and operational efficiency across 770,000 square feet of commercial space.
Hospitality Development
We develop and manage premium hospitality properties under leading brands. Our portfolio includes over 300 team members dedicated to creating exceptional hotel experiences with contemporary design features and prime locations in major metropolitan areas across the United States.
Urban Revitalization
Our urban revitalization initiatives transform underutilized spaces into thriving communities. Through historic building conversions and new developments, we've revitalized city blocks while preserving architectural heritage and creating sustainable economic growth in urban centers.
Mixed-Use Projects
We specialize in creating mixed-use developments that combine residential, commercial, and hospitality elements. These projects foster walkable communities with diverse amenities, demonstrated through successful conversions like the Canopy by Hilton Minneapolis Mill District and other multi-functional urban spaces.
Questions
What types of properties does Sherman Associates develop?
We specialize in residential, commercial, and hospitality properties, including apartment complexes, retail spaces, and hotels.
How long has Sherman Associates been in business?
We have over 40 years of experience in real estate development and property management.
In which cities do you operate?
Our projects span Minneapolis, Des Moines, St. Paul, Duluth, and St. Pete Beach.
What makes Sherman Associates unique?
Our commitment to community needs, innovative solutions, and long-term investment in every project sets us apart.
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