News

Hotel AKA Alexandria, located in charming Old Town, Alexandria, Virginia, just minutes from Washington D.C., is Interior Design Magazine’s 2023 Best of the Year winner of the top prize for a hotel transformation in the United States.

AKA, the brand, founded in 2005 by the visionary hotelier, Larry Korman, represents an ethereal quality of calm, tranquility, spaciousness, a sense of home, and a sanctuary in an urban setting that is otherwise noisy, hectic, and chaotic. These brand qualities have guided the creation of AKA Hotel Residences and more recently Hotel AKA.

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.

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

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.

Korman Communities and its Hotel AKA brand has partnered with Electra Real Estate to create a joint venture, Electra America Hospitality Group (EAHG)