News

At Korman Communities, our approach to employee satisfaction extends beyond mere policy — it's woven into the fabric of our identity. As a family-run business, we believe in treating every team member with respect, encouragement, and support one would expect, where all team members are given the same opportunities to grow and develop in their careers.

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 allure of real estate as an investment option remains robust, offering significant potential for long-term gains. However, navigating this landscape to achieve investment objectives can be daunting, primarily due to the specialized focus of many real estate firms, which may restrict their ability to maximize investment returns. This specialization contrasts sharply with Korman's comprehensive approach.

For over a century, Korman Communities has been at the forefront of innovation in the real estate sector. Indeed, many of today's industry standards were originally pioneered by Korman.

Larry Korman, co-CEO of Korman Communities and President of AKA Hotel Residences, joins Hospitality Mavericks Podcast host for the second time, Michael Tingsager to talk all about the value of maintaining consistency in business operations, regardless of external circumstances.

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