News

AVE Navy Yard - Once Again, Breaking New Ground
People Are Talking AVE

25 October 2023

AVE Navy Yard - Once Again, Breaking New Ground

Korman Communities and Ensemble/Mosaic broke ground on a 614-unit residential project on October 24, 2023, becoming the first private residences to be built at the Navy Yard.
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Ensemble/Mosaic and Korman Communities Break Ground on the First Private Residential Buildings at the Philadelphia Navy Yard
AVE Press Release

24 October 2023

Ensemble/Mosaic and Korman Communities Break Ground on the First Private Residential Buildings at the Philadelphia Navy Yard

$285M Mixed Use Development to Open in 2025 with a Variety of Apartment Options and Extensive Amenities and Retail
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The Philadelphia Inquirer - High-end and affordable apartments are coming to Philadelphia’s Navy Yard
AVE

24 October 2023

The Philadelphia Inquirer - High-end and affordable apartments are coming to Philadelphia’s Navy Yard

After decades when no residential development was allowed in the Navy Yard, the first big apartment project is breaking ground Oct. 24.
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Korman and RXR - Innovating and Investing in Properties Across the Nation
People Are Talking Business AVE

24 January 2023

Korman and RXR - Innovating and Investing in Properties Across the Nation

Korman Communities has a long history of strategically partnering with individuals, venture capitalists, funds, and companies that share our mission for bringing innovative products and services to the multi-family residential real estate market.
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Korman Communities, RXR Enter The Tampa Bay Market With AVE Tampa Riverwalk
AVE Press Release

23 May 2022

Korman Communities, RXR Enter The Tampa Bay Market With AVE Tampa Riverwalk

Tampa, FL [May 23, 2022] – Korman Communities, in partnership with RXR, has completed the purchase of its first property in the Tampa Bay market. The brand new, 353-unit, eight-story, professionally managed, Class A property boasting 25,000 square feet of amenity space, AVE Tampa Riverwalk, offers a unique flexible-stay living solution in Downtown Tampa.
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Korman Communities, RXR Enter The Phoenix Market With AVE Phoenix Terra
AVE Press Release

08 March 2022

Korman Communities, RXR Enter The Phoenix Market With AVE Phoenix Terra

Phoenix, AZ [March 8, 2022] – Korman Communities, in partnership with RXR, has completed the purchase of its first property in the Phoenix market. The brand new, 348-unit, seven-story, professionally managed, Class A property boasting 60,000 square feet of amenity space, AVE Phoenix Terra, offers a unique flexible-stay living solution in Downtown Phoenix.
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