News

Phoenix, AZ [March 8, 2022] – Korman Communities, in partnership with RXR, has completed the purchase of its first property in the Phoenix market. The brand new, 348-unit, seven-story, professionally managed, Class A property boasting 60,000 square feet of amenity space, AVE Phoenix Terra, offers a unique flexible-stay living solution in Downtown Phoenix.

Somerset, NJ [February 4, 2022] – AVE, a residential real estate brand specializing in flexible living, collaborated with Little Words Project® this Valentine’s Day to design a custom, special edition bracelet to raise money for its long-time charity partner Move For Hunger.

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.

JV will reposition and rebrand the Miami hotel to Hotel AKA Brickell

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®.