AVE
Live Better®
For decades, AVE has delivered optionality in apartment living. We pioneered the flexible and hospitality approach to property management and continue to innovate apartment living to anticipate the needs of the future renter. AVE has earned its reputation as renters’ preferred choice for apartment living through our focus on high-touch service, proactive asset management, and community-building, which has positioned us for growth and continued strong financial results.
AVE ResidencesELEVATED APARTMENT LIVING
AVE is comprised of Class A+ multifamily communities offering elevated apartment living featuring high-touch service, exceptional lifestyle programming, and on-demand, state-of-the-art business, wellness, and entertainment amenities. This resort lifestyle attracts a discerning renter by choice with strong retention.
BEST-IN-CLASS APARTMENTS
Experience elevated apartment living with a menu of floor plans ranging from intimate studios to expansive three-bedroom layouts, adaptable to any lifestyle. Contemporary, condo-inspired fixtures and finishes include stainless steel appliances, sleek quartz countertops, and designer hardware, sourced from industry-leading brands. Enjoy the luxury of walk-in closets, the convenience of Smart thermostats, and the tranquility of private patios.
Unparalleled, On-demand Amenities
Discover on-demand amenities that redefine convenience and luxury. Flex workspaces feature cafes, media theatres, executive conference rooms, and private work pods. Managed WiFi delivers lightning-fast, gig-speed service and seamless connectivity. Unwind on resort-inspired sundecks, complete with architecturally designed pools, cabanas, hot tubs, and grilling stations. Wellness enthusiasts enjoy 24/7 access to state-of-the-art fitness centers with dedicated spaces for cardio, strength, and studio workouts.
Award-winning Service
High-touch service that exceeds expectations – the AVE Resident Services team is dedicated to delivering ultimate carefree living with apartment and amenity assistance, area expertise, valet dry cleaning, package acceptance with mobile alerts, 24/7 hot beverage bars, a monthly calendar of social events, fitness and wellness classes, active social media channels, local partnership and perks, and on-site maintenance with 24/7 emergency support.
Luxury Apartment Rentals
Designed to deliver resort-style living 365 days a year, luxury apartment residences thoughtfully outfitted with contemporary finishes and premium fixtures from world-class brands including Kohler and Samsung, coupled with unparalleled business, wellness, and entertainment amenities and award-winning, high-touch
Fully Furnished Apartments
Designed for stays of 30 days or longer, fully appointed apartments deliver the comforts of home from accessorized kitchens to luxury bed and bath linens to gig-speed WiFi. A flexible-stay concept pioneered by Korman six decades ago continues to offer a best-in-class solution for extended business travel, work relocations, or lifestyle transitions.
The AVE Resident
AVE delivers apartment living for every lifestyle. Whether someone is in transition and needs temporary accommodations because they are relocating for work, test-driving a new city, a professional athlete or entertainment professional, going through a marital separation, in between homes or displaced for an insurance claim, or they’re looking to downsize or desire carefree apartment living year-round, AVE has a best-in-class living solution. This flexibility positions the brand favorably, as marketing and sales plans can pivot based on market conditions.
Top Reasons for Stay
Luxury Apartment Rentals
- Job Relocation 24%
- Life Change 12%
- Relocating 10%
- Closer to Work 9%
- Moving from Competitor 6%
18% Average Rent-to-income
24% Median Rent-to-income
Top Industries
- Health 20%
- Finance 10%
- Tech 9%
- Government/Law 6%
- Education 5%
- Manufacturing 4%
- Consulting 3%
- Hospitality/Food 3%
- Transportation 3%
Fully Furnished Apartments
- Corporate Client/Business Trip 43%
- Leisure/Sports 10%
- Closer to Family/Friends 7%
- Medical/Healthcare 7%
- Life in Transition (Downsizing, Between Homes) 7%
33% of furnished business is from partnerships with Global Relocation Management Companies and Corporate Housing Providers.
27% of furnished business is from Direct Corporate Clients. Decades-long established clients such as Johnson & Johnson, Merck, L'Oréal, Vanguard, and SAP.
Notable Awards
- Cartus – Commitment to Excellence Award for Temp Living (Gold, Platinum, or Silver – 6 years in a row)
- Aires – Circle of Excellence (4 years in a row)
- 3Sixty – 2023 Consultant’s Choice Award
The AVE Team
While Korman owns and operates first-class properties, it’s the AVE team that differentiates the offering in every market. AVE recruits hospitality-driven professionals who are passionate about delivering a high-touch resident experience and embodying the Korman values system QUEST. The tenure of the brand executive team drives consistency and innovation in AVE’s operations, asset management, sales, marketing, and IT across the portfolio and positions the brand for scalability.
- 35% of team members have been with AVE for 5+ years
- 20% of team members have been with AVE for 10+ years
- 30 years longevity of executive leadership
- 72% female leadership
AVE Management
AVE’s unique approach to property management drives the highest real estate value through proactive asset management, a focus on the prospect, client, and resident experience, and targeted marketing and communications.
The Asset Management Team lives by the Korman mantra “you can get a day older or a day better” and develops and executes property improvement plans including full oversight of ongoing maintenance, apartment upgrade programs, and amenity renovations from design concept and planning to furniture procurement and install.
The Business Development Team identifies corporate clients in market where the furnished apartment service can be a solution for their corporate housing and talent mobility needs. They cultivate and grow relationships with global leaders in the financial, banking, legal, technology, entertainment, media, pharmaceutical, and life science industries.
AVE’s professional Leasing Team delivers a personalized prospect experience from the first inquiry to the tour. This team also cultivates and grows relationships with referral partners including Realtors, insurance agents, and divorce support professionals to provide housing solutions for their clients.
The award-winning, on-site AVE service teams are dedicated to delivering a first-class resident experience. “Yes, now what’s the question?” From the moment they move in, every detail of a resident’s experience from amenity assistance to local expertise to package acceptance with mobile alerts to a fun calendar of monthly events is designed to deliver carefree living.
The AVE Marketing & Communications team develops and executes innovative, omnichannel strategies and custom content campaigns that drive awareness, demand and retention through various programs including public relations, search engine marketing, social media marketing, advertising, resident communications, and strategic partnerships/campaigns.
The Information Technology team at AVE leads the charge in integrating cutting-edge innovations and advanced solutions to elevate the resident experience, streamline operations, and mitigate risk – from equipping our first-class properties with lightning-fast, gig-speed service and seamless connectivity, to employing AI-powered predictive analytics for proactive maintenance strategies, to implementing state-of-the-art security systems and a rigorous cybersecurity framework.
