News

Irving, TX [December 20, 2021] – Korman Communities, in partnership with Verde Capital, has completed the purchase of its first property in the DFW market. The brand new, 288-unit, Class A property, AVE Las Colinas, offers a unique flexible-stay living solution in Irving, Texas, conveniently situated between Dallas and Fort Worth.

Project Will Serve as Piero Lissoni’s First Hotel in the United States

Austin, TX [August 3, 2021] – Korman Communities, in partnership with Verde Capital, has completed the purchase of its first property in Austin, Texas. The brand new, 226-unit, Class AA property, AVE Austin, offers a unique flexible-stay living solution in North Austin, conveniently situated between Downtown Austin and The Domain®.

The joint venture, launched earlier this year, purchased a 178-room hotel in Alexandria, Virginia on Wednesday, roughly a month after acquiring the 194-room Roger New York for $19 million