Property management

Korman Communities, an established leader in residential property management with five generations of experience, provides a full array of third-party property management services for multi-family apartment homes, furnished suites, serviced residences, corporate housing, and mixed-use properties with retail and office spaces.

Our award-winning, dedicated teams provide expertise in all aspects of residential property and asset management: financial, development, design, accounting, legal, marketing, sales and leasing, onsite operations, maintenance, renovations, infrastructure, technology, data analysis and reporting.

The Korman Way gets results for the residential real estate investor by increasing cash flow and optimizing occupancy with an innovative business model, a hybrid of both furnished and traditional apartment residences for short and long term renters; by transforming buildings through efficient and exquisitely designed renovations that add overall value to the property; by expanding the profit margins through efficiency programs of meticulous maintenance, upkeep, and sustainability, which has been a preeminent Korman tradition.

Korman currently manages properties owned by others or owned together in partnerships in top tier locations: New York City, Los Angeles, Philadelphia, London, Washington, DC., and Austin,Texas.  Korman Communities consistently outperforms in its markets by encouraging the entrepreneurial leadership of our property managers and directors.  Our marketing, sales, and leasing professionals have an astute understanding of the customers and clients in each local market.

Throughout our portfolio of apartment homes, furnished suites, serviced residences, and mixed-use properties, Korman creates pleasant and well-run communities that maintain high occupancy and resident satisfaction.  Korman has a loyal following of individual customers and corporate clients because we care about delivering an extraordinary resident experience.

Capabilities

Financial Reporting
Human Resources
Information Technology
Construction Management
Graphic Design
Interior Design
Operations
Accounting
Resident Services
Sales & Leasing
Marketing
Legal

Why Korman?

  • Experience
  • Reputation
  • Innovation
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