Korman Communities

Korman functions as an operator and investor in various real estate ventures and investment strategies across the United States and the United Kingdom. Our team's experience generates successful long-term strategies for investment and asset management opportunities. As an investor in our developments and operations, our partners are guaranteed transparency, shared goals, and accurate reporting. Our innovating operating strategies ensure that the investments and assets are well-positioned to exceed market returns. Built on a sound foundation of family values forged over a century ago, Korman Communities carries forward a name synonymous with integrity, market savvy, and proven performance in the real estate development, investment and operations arenas. Korman's reputation reflects five generations of dedication and business acumen, resulting in the construction of more than 40,000 single family homes, 6,000 condominiums, 16,000 apartments and townhouses, 4,000 hotel suites, and 2,000,000 square feet of commercial space. Korman's original short-term furnished apartment concept in a multi-family residential setting, conceived of more than fifty years ago, has evolved to an innovative residential hybrid for travelers and discerning business persons seeking flexible-stay furnished residences. Today Korman Communities is a fully integrated, multi-dimensional real estate company with development, management, legal, marketing, and financial capabilities operating throughout the United States and in the United Kingdom. The portfolio is currently comprised of 24 properties under two brands – AVE suburban garden-style and mid-rise communities, and AKA luxury urban high-rises in prime locations.