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  • Lea Anne Welsh
    President of AVE
    COO of Korman Communities

    Korman Communities and The New American Dream
    Lea Anne Welsh, President of AVE, discusses how listening to people—rather than chasing trends—has shaped Korman Communities’ approach to flexible rental options, hospitality-driven services, and durable value creation across its multifamily platform.
    Korman Communities and The New American Dream
  • 2025 Most Admired CEO Awards

    2025 Most Admired CEO Awards

    4th GENERATION: The Most Admired CEOs in 2025
    Korman Communities has always been built on a simple but powerful belief: real estate is ultimately about people. That philosophy is at the heart of the Philadelphia Business Journal’s recognition of Larry, Brad, and Mark Korman as three of the region’s Most Admired CEOs for 2025.
    4th GENERATION: The Most Admired CEOs in 2025

  • “My real joy has always come from not only helping my family, but from helping others, especially those who most need assistance."

    Steven Korman

    On Giving Back
    For more than a century, Korman Communities has been defined not only by the homes it builds, but by the values that guide its stewardship. In this profile from Modern Luxury Philadelphia Style Magazine, Steven H. Korman—Chair Emeritus of Korman Communities and Chair Emeritus of MANNA—reflects on a life shaped equally by real estate leadership and civic responsibility.
    On Giving Back
  • AVE Navy Yard North Main Entrance
    Philadelphia’s Next Great Neighborhood: AVE Navy Yard by Korman Communities
    For the first time in generations, Philadelphia is building a new neighborhood. AVE Navy Yard — featuring AVE Constitution and AVE Normandy — opens a new era for Korman Communities and for the city itself. Co-CEO Brad Korman shares how this transformative project continues his family’s century-long tradition of building communities where none existed before.
    Philadelphia’s Next Great Neighborhood: AVE Navy Yard by Korman Communities
  • AVE team members holding a check to Move for Hunger

    In September, during Hunger Action Month, AVE proudly celebrated a decade of partnership with Move For Hunger.

    AVE and Move For Hunger Celebrate 10 Years of Partnership in the Fight Against Hunger
    Asbury Park, NJ — Move For Hunger, a national nonprofit organization that fights food insecurity by mobilizing transportation networks to deliver surplus food to local food banks, is proud to celebrate 10 years of partnership with AVE, a leader in the multifamily residential that elevates apartment living through service, community-building, and flexibility.
    AVE and Move For Hunger Celebrate 10 Years of Partnership in the Fight Against Hunger
  • AKA by Korman Communities: Two Properties Named Among the World’s Best in Condé Nast Traveler Readers’ Choice Awards
    AKA Beverly Hills and Hotel AKA Boston Common have been recognized among the best hotels in their cities—and, in Boston’s case, among the best hotels in the world. These accolades highlight AKA’s signature blend of contemporary design, residential comfort, and enduring Korman quality.
    AKA by Korman Communities: Two Properties Named Among the World’s Best in Condé Nast Traveler Readers’ Choice Awards
  • Historic image of Korman Communities' first look book on a blue background
    Korman Look Book from the Korman Communities Archives
    Working summers as a teenager, Larry Korman didn’t just learn about sales and marketing—he learned what it means to be part of something bigger. In this story from the Korman Archives, Larry Korman, Co-CEO of Korman Communities, reflects on a quiet act of support for his new idea from someone who was already an accomplished leader. He learned the value of hard work and mutual respect that continue to define Korman Communities today.
    Korman Look Book from the Korman Communities Archives
  • Headshot of Brad Korman

    Brad Korman, Co-CEO, Korman Communities

    The Korman Approach: Investing in People, Places, and Possibilities
    For over a century, Korman Communities has redefined what it means to create residential rental communities that truly feel like home. Co-CEO Brad Korman offers insights on how a fifth-generation company continues to thrive by blending tradition with innovation. In this expert commentary, he explains Korman’s integrated model—ownership, property management, and brand creation—that delivers lifestyle benefits for residents and lasting value for investors.
    The Korman Approach: Investing in People, Places, and Possibilities
  • AKA Sutton Place penthouse exterior patio at dusk with views of the Manhattan skyline

    AKA Sutton Place penthouse furnished apartment exterior patio

    AKA by Korman Communities: Named Nation’s Best Extended Stay Hotel Brand
    AKA by Korman Communities has been named the nation’s #1 Extended Stay Hotel Brand by USA TODAY Readers’ Choice Awards. Alongside AVE’s 2025 Kingsley Excellence Award, this milestone affirms Korman’s reputation as a top operator of luxury furnished apartments and multifamily residences—delivering value for both residents and investors.
    AKA by Korman Communities: Named Nation’s Best Extended Stay Hotel Brand