development

Korman pursues exceptional real estate opportunities in key markets - including development opportunities. These come in the form of renovations, new construction, and value add programs. With strategic investment strategies, we are committed to maximizing returns for investors. Korman is actively involved throughout the entire lifecycle of an asset. With cost control, quality control, and schedule management, Korman ensures the highest quality product will be delivered in a timely manner. All development projects are strategically planned to deliver high-quality product and maximize returns to investors.

Renovations/Value Add
Construction
Design

Renovations/Value Add

Korman has experience upgrading and renovating newly acquired and legacy properties in our portfolio. Our experienced asset and design team handles renovations to unlock unrealized potential.

By proactively upgrading existing assetsand managing expenses, we drive market rents and maximize revenue. From design concept to furniture procurement and installation, Korman is involved in every step to ensure high quality results. Our vibrant properties perform strongly in competitive markets due to our continued maintenance and renovation programs.

Construction

From the ground up, Korman has the capabilities to manage large scale multi-family construction projects in a variety of locations

We are actively involved in every step - providing expert services for strategy, market, design, and execution of a development from the ground up. The development process has included land acquisition, planning/zoning approvals, financing and project lease-up/operation.

Our development ability allows us to create in-demand products in high barrier to entry markets that generate cash flow and long-term returns.

Design

A key distinguishing aspect of Korman is the feeling of being at home—an aspirational home. Korman strives to create a serene design and a refined residential feel, yet at the quality level one might find in the best residences. Korman sophisticated design to every property in our portfolio with expert in-house design professionals and carefully selected architecture, lighting, furniture, and art partnerships..