The Korman Collection

$4.8B
Gross Asset Value Under Management
41
Properties Across The Country And In Development
10,000+
Multifamily Units and Hotel Keys
#1
Ranked Operator for Apartments and Hotels

Korman is invested in and manages a growing real estate portfolio across the US and UK. Korman Communities operates traditional apartment rentals, short-term furnished suites, extended-stay hotel residences and luxury hotel rooms under two brands, AKA and AVE.

Arizona
California
Colorado
Florida
Greater London
Massachusetts
New Jersey
New York
Pennsylvania
Texas
Washington, D.C

The Korman Approach

Korman portfolio offers an extensive line of properties to accommodate any visitor's requirements. We offer unfurnished long-term leases at our AVE locations, weekly and monthly stays in our furnished apartments at AVE and AKA properties, and hotel stays at our Hotel AKA locations.

AKA properties, located in the major cosmopolitan areas in the United States and United Kingdom, offer you a chance to stay at one of our luxury hotels in Miami, Boston, New York or DC area in addition to our luxury furnished apartments in NYC, Philadelphia, and California that offer hotel-like stays for a single day or more.

AVE properties offer a community living experience with resort-style amenities where you will always feel at home regardless of your length of stay. AVE's flexible-stay furnished apartments in King of Prussia, Malvern, Phoenix and luxury apartments in Austin, Dallas, Philadelphia, Northern New Jersey, and Florida can be your home for a few weeks or a few years, depending on your needs. 

We invite you to visit and see what an experience it is to stay at one of Korman properties.

Frequently Asked Questions

How large is Korman Communities' portfolio?

Korman Communities manages approximately $4.8 billion in gross asset value across 41 properties in operation and development, totaling more than 10,000 multifamily units and hotel keys throughout the United States and the United Kingdom.


What brands make up the Korman portfolio?

Two: AVE, its best-in-class multifamily brand offering traditional apartments and flexible-stay furnished suites; and AKA, its luxury brand of serviced residences and hotels in iconic neighborhoods.


Where does Korman operate?

Across Arizona, California, Colorado, Florida, Massachusetts, New Jersey, New York, Pennsylvania, Texas, Virginia, Washington D.C., and Greater London.


What's the difference between AVE and AKA?

AVE is community-style multifamily living with resort-style amenities and flexible lease terms, furnished or unfurnished. AKA delivers luxury serviced residences and hotels for stays of a day, a week, or longer. Both are owned and operated by Korman.


Is the Korman portfolio growing?

Yes. Korman is actively developing in key growth markets, including AVE Station House in Denver (opening 2028).


Who manages the properties in the portfolio?

Korman manages them in-house as a fully integrated owner-operator. AVE has ranked the nation's #1 property management company for resident satisfaction four years running, and AKA properties have been recognized in Condé Nast Traveler's Readers' Choice Awards.