Sherman Associates Announces Executive Leadership Appointments

MINNEAPOLIS, Minn. (October 12, 2026) — Sherman Associates has appointed Kyle Burkett as Chief Operating Officer and announced the transition of Richard Kiemen to Chief Development Officer, strengthening the company's leadership team to support the company’s next phase of growth and long-term success.

As Chief Operating Officer, Burkett will provide executive leadership for Sherman's multifamily, hospitality, retail, and commercial operations, as well as the company's accounting, asset management, and marketing departments. He will work closely with the executive leadership team to advance operational excellence, organizational performance, and strategic growth.

Burkett brings more than 20 years of experience leading operations, asset management, and portfolio performance across multiple real estate asset classes. Prior to joining Sherman, he served as Chief Operating Officer and Executive Vice President of Asset Management and Operations for Nicol Investment Company.

In his new role as Chief Development Officer, Kiemen will lead Sherman’s development, construction, and business development functions, with a continued focus on advancing the company's development pipeline and future growth opportunities. His leadership will help guide a robust pipeline of projects currently under construction and in development across the company's portfolio.

Over more than 20 years with Sherman Associates, Kiemen has played an instrumental role in the company's growth, leading development projects, market expansion efforts, and portfolio reinvestment initiatives.

Together, these leadership appointments strengthen Sherman Associates' ability to deliver exceptional operational performance while continuing to advance transformative development opportunities across its portfolio.


Sherman Associates Sherman Associates is a leader in sustainable commercial real estate development and operations, with a diverse portfolio spanning the Midwest, Colorado, and Florida. Known for delivering complex, high-profile projects through public, private, and nonprofit partnerships, Sherman collaborates with cities to revitalize neighborhoods and transform entire city blocks.

Sherman develops, owns, and operates its assets with a long-term commitment to building communities, enriching neighborhoods, and empowering people. The company has developed more than 13,000 multifamily units and currently owns and manages over 7,400 rental units, including both affordable and market-rate housing. Its commercial holdings include more than 1 million square feet of space, five hotels, four Starbucks stores, three restaurants, and two solar gardens.

Sherman Associates is a Top Workplace recognized by USA Today, the Minnesota Star Tribune, and the Des Moines Register. Stay connected with Sherman Associates on LinkedIn, Instagram, X, and Facebook