News

On October 24, 2023, Korman Communities and its partners, Ensemble Real Estate Investments and Mosaic Development Partners, officially broke ground for constructing AVE Navy Yard, the first residential development to be built at the Philadelphia Navy Yard.  The groundbreaking ceremony for this historic event was recorded by Korman’s videographer Rich Hall.  We are pleased to share with you some of the highlights of that event, including a transcript of the video.

The rise in remote and hybrid work has impacted many industries, including real estate. Today, people are evaluating potential living spaces from a different light. Rather than looking for a place to “get away” from the demands of their professions, they’re looking for amenities that will help them meet their occupational responsibilities.

Pioneering New Mixed-Use Silicon Valley Development From Ensemble Real Estate - AVE Santa Clara, a new premium 311-unit, eight-story, residential community.

AVE recognized as the best-in-class property management company in the country.

Without residents who call it home, a building is just an empty structure. No matter how beautifully it’s been designed or what its intended purpose may be (e.g., improve the neighborhood aesthetic, bring more housing options to the community, provide sustainable living spaces), it can’t fulfill that promise without resident loyalty.

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.