Asset Management

Whether it comes to distributions, capital costs, value add programs, or competitive positioning, Korman's expertise provides the best-in-class asset management, guaranteeing high return rates.

Korman operates each property at a high capacity. With superior services and amenities, we create resident loyalty for all lengths of stays. Embracing technology, our properties use sophisticated software and automation to ensure they are operating at the highest level. Our dedicated Asset Management team, working closely with our Operations Team, develops best-in-class design, increases occupancy rates, optimizes income, fosters practical improvements and maintenance, while enhancing the overall property value.

We believe that our properties can get a day older or get a day better. Korman Communities strives each day to assure its property investments get better. Our leadership in asset management continues to drive innovation and design in our new constructions and value-add programs that achieve the goals of our investors.

Asset Management Expertise

Management Company Executive Team

Full responsibility of Asset Management, Property Operations, Acquisitions & Dispositions, Investor Relationships, Legal, Finance, Accounting, Human Resources and Information Technology

  • Investment Team
  • Development / Design Team
Asset Management

Acquisition, legal, budgeting, capital program management, financing, financial reporting and disposition

  • Fund Accounting
Accounting

Perform all necessary accounting, reporting, and asset and fund-level functions

Legal and Risk Management

Korman provides strategic legal guidance (both in-house, and through the management of outside counsel) to all facets of the real property – from contractual negotiations, employment direction, procurement and maintenance of licenses, construction contract review, and corporate governance

Property Management

Day-to-day management of property including operations, resident services, experience programming, housekeeping and maintenance 

  • Capital Improvement Team
  • Sales / Leasing
  • Marketing/Revenue Management
  • F&B / Commercial
Human Resources and Talent Development

AKA, a division of Korman, is the proud culmination of 100 years of history, innovation, leadership, passion, and hard work. Our company ethos adds distinction, depth, and vision to our corporate culture. We embrace a people-first philosophy, while driving operational excellence and maximizing productivity. We are committed to our teams’ professional development and fostering an environment that values diverse perspectives. By prioritizing team member engagement and satisfaction, we ensure that they feel valued and motivated to grow with us.

Comprehensive Information Technology

The Information Technology team at AKA leads the charge in integrating cutting-edge innovations and advanced solutions to elevate the guest experience, streamline operations, and mitigate risk – from equipping our world-class properties with high-speed internet seamlessly integrated with IoT-enabled devices, to employing AI-powered predictive analytics for proactive maintenance strategies, to implementing state-of-the-art security systems and a rigorous cybersecurity framework.

  • Capital Costs
  • Furnished Apartment Program
  • Innovative Design
  • Preventive Maintenance
  • Value Add Programs
  • Cutting-edge Technology
  • Renovation Plans
  • Distribution Management