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Sherman Residential expands Charlotte, N.C., multifamily portfolio with the acquisition of The Wrenley
Transactions - FEBRUARY 6, 2026

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Sherman Residential expands Charlotte, N.C., multifamily portfolio with the acquisition of The Wrenley

by RELEASED

Sherman Residential acquired Elan Prosperity Village, a class A multifamily property in Charlotte, N.C., and renamed it The Wrenley.

The Wrenley is a 300-unit luxury apartment community located in the heart the Prosperity Village submarket of Charlotte. Situated off Interstate 485, the property offers connectivity to major employment centers, with access to more than 300,000 jobs within a 20-minute drive, including Uptown Charlotte, University Research Park and the Concord industrial corridor.  With the recently added Vanguard campus in University Research Park, The Wrenley’s residents will drive only five minutes to reach top employers such as Vanguard, Allstate, TIAA and Wells Fargo.

Within the Prosperity Church Road neighborhood, The Wrenley delivers walkable retail and restaurants at three major shopping centers. Students can enroll in Charlotte-Mecklenburg public schools with 10 magnet schools within five miles. The University of North Carolina's main campus is

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