About
About

The KORMAN name is synonymous with integrity, trust, and achievement. Experience matters in residential real estate investment, management, and brand creation. Korman Communities, now in its 5^th generation, excels in all three areas, clearly showing that Korman knowledge and experience is the foundation for innovation.

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- News
- History
- Giving Back
Historic New Residences: Opening Fall 2025

AVE Navy Yard Groundbreaking Philadelphia’s Newest Neighborhood Learn more
Investors
Investors

Korman Communities is unique as a residential real estate investor having expertise in three different areas: ownership, property management, and innovative brand creation. A synergy occurs leading to better outcomes in all areas. This integrative approach leads to optimized property value, enhanced decision-making, risk mitigation, responsive management, long-term sustainability, scalability and growth in our investments.

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Partnerships and Growth

Korman and RXR: Innovating and Investing in Properties Across the Nation Learn more
AVE
AVE

AVE operates like no other multi-family residential brand in the world by offering best-in-class apartments rented long-term, and luxury furnished apartments, fully accessorized and serviced, leased by the month or longer. AVE properties are optimized to enhance immediate returns and long-term value creation.

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Awards and Recognition

AVE by Korman Communities is #1: 2025 Kingsley Excellence Award Learn more
AKA
AKA

AKA balances the space and comfort of a fully appointed luxury condominium with the style and hospitality of an intimate boutique hotel. AKA offers sophisticated hotel accommodations and spacious furnished residences with exceptional business, wellness, and lifestyle amenities in iconic neighborhoods. Whether guests are staying several days, weeks, or longer, AKA Hotels+Hotel Residences offer the perfect accommodations.

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Awards

Hotel AKA Alexandria Reception

Hotel AKA Alexandria: 2023 Best of Year Winner for Domestic Hotel Transformation Learn more
Portfolio
Portfolio

AVE is a national best-in-class brand with properties ranging from Silicon Valley in Santa Clara, California, to the Live Music Capital of the World in Austin, Texas, to Riverwalk in Tampa, Florida, and the historic Navy Yard in Philadelphia.
AKA is recognized around the world for its superb, luxury furnished, serviced condominiums. There is no other brand that compares with AKA for its sophisticated design, high-quality service, exceptional business, wellness, and lifestyle amenities.

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- AKA
- AVE
AVE Enters Silicon Valley

Introducing AVE Santa Clara: AVE’s first location in the South Bay Learn more
Contact

Home
Portfolio

The Korman Collection

$4.7B

Gross Asset Value Under Management

40

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

Florida

Greater London

AKA Marylebone

Massachusetts

New Jersey

New York

Pennsylvania

Texas

Virginia

Hotel AKA Alexandria

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.