Korman Communities
Real EstatePennsylvania, United States1001-5000 Employees
Korman Communities operates in the real estate sector, specializing in furnished apartments and multifamily living. Its portfolio includes suburban garden-style, mid-rise, and urban high-rise communities, all branded under AKA and AVE. The brands support a presence in markets such as London, Beverly Hills, Philadelphia, Washington, D.C., and New York City. Headquartered in Plymouth Meeting, Pennsylvania, the company reflects five generations of family involvement in real estate and has built more than 30,000 single-family homes, 14,000 apartments, and 4,000 hotel suites. The furnished-apartment concept began in Philadelphia in the 1960s, expanded through the following decades, and the business became an independent entity in 1995, growing to a portfolio of more than 10,000 apartments and furnished suites; in 2022, the company expanded its holdings with the acquisition of an eight-story building in Beverly Hills.
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