Sherman Residential acquired the 352-apartment Celadon on Club community in Lawrenceville on August 25. The acquisition places a recently completed, 30-plus-acre rental community under new ownership in Gwinnett County, with Sherman saying the purchase lifts its Georgia portfolio above 800 apartments.
Why it matters
The acquisition places a recently completed, 30-plus-acre rental community under new ownership in Gwinnett County, with Sherman saying the purchase lifts its Georgia portfolio above 800 apartments.
What to watch
Sherman Residential says its onsite team will operate the community; the company did not disclose the purchase price in its announcement.
Location3355 Club Drive, Lawrenceville
JurisdictionCity of Lawrenceville
ScaleMultifamily acquisition
TimelineSale announced Sept. 2026
WhoSherman Residential
Sources and documents2 sources
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