Why Korman?


1919-2020  Korman begins its Second Century pioneering the residential real estate industry.  Korman has residential management know-how.  Over the years, Korman has owned and managed, or managed for other owners, over 40,000 residential rental units and 2,000,000 square feet of commercial space.

AKA Sutton Place entrance with overhang showing AKA logo and planters out front
Digital Marketing


The Korman brands, AKA and AVE, are recognized world-wide as the most trusted providers of residential accommodations. Built on family values and a trusted name, the Korman management teams establish a culture devoted to QUEST—Quality, Uniqueness, Excellence, Service, and Teamwork.


In the 1960s Korman created the first flexible stay furnished suites in Philadelphia. Always a step ahead, many of the features and services standard in rental residences today were Korman innovations. Korman’s AKA brand received the 2020 Serviced Apartment Awards for Innovation and Best Operator.

AKA Central Park Outdoor Bed on terrace surrounded by New York City buildings
AKA Central Park facade at dusk with AKA banners and signs

Trusted Partner

Recognized by the company we keep, for decades Korman has developed, improved, and managed residential properties for many of the most prestigious real estate investors in the world.  Blackrock, Brookfied, Brandwine Realty Trust, and others trust Korman’s management expertise and dedication to high performance.


Korman offers proven plans for increasing cash flow for all types of residential properties, town or country, multi-family, mixed-use, and condominium.  Our programs are designed to optimize revenues, occupancy, and efficiencies with an integrated strategy of traditional, furnished, and serviced apartments with an extensive following of individual customers and corporate clients.  Korman has a database of over 300,000 loyal customers, corporate clients, past and current residents.

Exterior rooftop terrace at  dusk attached to AKA University City, a modern glass building
Woman sitting on couch in living room apartment with fireplace


Under the stewardship of Korman Management, properties are transformed increasing in value through a careful, efficient, and strategic program of renovations, meticulous upkeep, and sustainability. The Korman Commitment is to make a property better, more valuable, more efficient, resulting in affluent exit options for the investor.