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  • Headshot of Brad Korman

    Brad Korman, Co-CEO, Korman Communities

    The Korman Approach: Investing in People, Places, and Possibilities
    For over a century, Korman Communities has redefined what it means to create residential rental communities that truly feel like home. Co-CEO Brad Korman offers insights on how a fifth-generation company continues to thrive by blending tradition with innovation. In this expert commentary, he explains Korman’s integrated model—ownership, property management, and brand creation—that delivers lifestyle benefits for residents and lasting value for investors.
    The Korman Approach: Investing in People, Places, and Possibilities
  • Larry Korman and Bill Green at the shooting of Uncorked podcast
    Larry Korman: A Conversation on Legacy, Hospitality, and the Future of AKA
    On August 11, 2025, in Episode 20 of the Uncorked Podcast with Bill Green and Jerrold Colton, Larry Korman shares his journey from family roots in Philadelphia real estate to shaping AKA into a global brand. In a conversation over wine, Larry reflects on legacy, innovation, growth, and the values that continue to guide the company today.
    Larry Korman: A Conversation on Legacy, Hospitality, and the Future of AKA
  • AKA Sutton Place penthouse exterior patio at dusk with views of the Manhattan skyline

    AKA Sutton Place penthouse furnished apartment exterior patio

    AKA by Korman Communities: Named Nation’s Best Extended Stay Hotel Brand
    AKA by Korman Communities has been named the nation’s #1 Extended Stay Hotel Brand by USA TODAY Readers’ Choice Awards. Alongside AVE’s 2025 Kingsley Excellence Award, this milestone affirms Korman’s reputation as a top operator of luxury furnished apartments and multifamily residences—delivering value for both residents and investors.
    AKA by Korman Communities: Named Nation’s Best Extended Stay Hotel Brand
  • The Korman Way: A Conversation on Legacy, Innovation, and Living Better
    In this special episode of Leading Voices in Real Estate, recorded live on April 21, 2025 at our AVE King of Prussia community, Brad Korman, co-CEO at Korman Communities, and Lea Anne Welsh, COO at Korman Communities and President of the AVE brand, join host Matt Slepin, Managing Director and Global Co-Head of Real Estate at ZRG, for an open and energizing conversation about what makes Korman Communities a distinctive force in the multifamily industry.
    The Korman Way: A Conversation on Legacy, Innovation, and Living Better
  • The Franklin 100 years projection on the wall
    The Franklin Residences Centennial
    On May 1, 2025, The Franklin Residences marked a significant occasion — celebrating 100 years since its original opening as the prestigious Benjamin Franklin Hotel. The centennial celebration honored a building that has stood at the crossroads of history, culture, and community for a full century.
    The Franklin Residences Centennial
  • AVE Kingsley Award
    AVE by Korman Communities is #1: 2025 Kingsley Excellence Award
    AVE by Korman Communities for the third year in a row received the prestigious Kingsley Excellence Award by ranking No. 1 for renter satisfaction in the Kingsley Surveys Elite 5 Category.
    AVE by Korman Communities is #1: 2025 Kingsley Excellence Award
  • Korman's Approach to Team Member Engagement Produces Wide-ranging Returns
    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.
    Korman's Approach to Team Member Engagement Produces Wide-ranging Returns
  • Korman team shot from AVE Navy Yard Groundbreaking
    AVE Navy Yard Groundbreaking Philadelphia’s Newest Neighborhood
    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 Navy Yard Groundbreaking Philadelphia’s Newest Neighborhood
  • Exterior view of AVE SKY main building
    Korman's Unique Approach to Real Estate Development and Investment Opportunities
    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.
    Korman's Unique Approach to Real Estate Development and Investment Opportunities