Sherman Residential's acquisition of the 352‑unit Celadon on Club expands its multifamily footprint in fast‑growing Gwinnett County, Atlanta
Executive summary: Sherman Residential acquired Celadon on Club, a 352‑unit luxury apartment community in Lawrenceville, GA. The deal expands the firm’s presence in a high‑growth Atlanta submarket and adds institutional‑grade multifamily supply amid rising rental demand.
Who is involved: Sherman Residential (buyer), Celadon on Club (seller/asset), and the Gwinnett County residential market.
Likely next: Integration of the asset into Sherman’s portfolio, leasing of the units, and potential follow‑on acquisitions in the region.
On August 27, 2026, Sherman Residential announced the purchase of Celadon on Club, a Class A luxury apartment community comprising 352 units in Lawrenceville, Georgia. The asset is situated in one of the metro Atlanta's fastest‑growing submarkets, where rising population and job growth have driven demand for upscale rental housing. The transaction adds to Sherman Residential's portfolio of multifamily properties and reflects broader institutional capital inflows into the Sunbelt housing sector.
Timeline
- — Sherman Residential Expands Gwinnett County Presence with the Acquisition of Celadon on Club (PR Newswire)
Sources
- Sherman Residential Expands Gwinnett County Presence with the Acquisition of Celadon on Club — PR Newswire
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