Korman Communities
Plymouth Meeting, PA 501–1,000 employees 12 principals
Last updated
About Korman Communities
Korman Communities is a real estate operator headquartered in Plymouth Meeting, PA. Korman Communities operates in Austin, Texas, Boston, Massachusetts and Dallas, Texas. Its investment focus is on Condominiums, Hospitality and Multifamily - Core.
Korman Communities is a family-founded residential real estate company now in its fifth generation, tracing a history of over 100 years in the industry. Since emerging as a standalone entity in 1995, the company has developed more than 40,000 single‑family homes, 6,000 condominiums, 16,000 apartments and townhouses, 4,000 hotel suites, and over 2 million square feet of commercial space. As of mid‑2025, Korman reports approximately 1,300 employees across North America and Europe and generates about $750 million in annual revenue . Korman’s operations span three integrated areas: property ownership, property management, and proprietary branded development via its AVE and AKA divisions. AVE specializes in Class A and Class AA multifamily residential units with both long‑term rentals and furnished, flexible‑stay apartments (totaling over 4,000 units) . AKA delivers luxury furnished residences combining hotel comfort and condominium space in cities like New York, Miami, Los Angeles, London, Philadelphia, Washington DC, and beyond . Korman focuses on opportunistic, value‑added, and core‑plus acquisitions, along with ground‑up development, particularly in U.S. gateway and growth markets.
Principals at Korman Communities
Principal details are a Pro feature
12 principals on file
Names, titles, verified emails, phone numbers, and LinkedIn for every decision-maker at this firm — unlocked with a Pro membership.
Recent activity at Korman Communities
2 recent signals from the real estate trade press · latest
Sign up to see 2 signals for Korman Communities
Fund closes, leadership changes, partnerships, and new development — captured from the real estate trade press the day they happen.
Korman Communities's project portfolio
18 projects on file · Multifamily (17), Uncategorized (1)
Sign up to see Korman Communities's 18 projects on a map
Every development in this GP's portfolio — location, unit count, square footage, and build status — plotted on an interactive map.
Markets and themes
Markets Korman Communities operates in
- Austin, Texas
- Boston, Massachusetts
- Dallas, Texas
- London, United Kingdom (UK)
- Los Angeles, California (LA)
- Miami - Ft. Lauderdale - West Palm Beach - South Florida
- New York City, New York
- Philadelphia-Camden-Wilmington, Pennsylvania-Delaware
- Phoenix, Arizona
- Tampa - St. Petersburg, Florida
- Washington DC
Investment themes at Korman Communities
- Condominiums
- Hospitality
- Multifamily - Core
- Multifamily - Ground-up
- Multifamily - Value-Add
- Single-Family Homes
- Workforce Housing
Capabilities
- Asset Management
- Construction Management
- Custom Homes
- High-Rise
- Luxury
- NMHC OpTech Attendee
- Site Development
Operators similar to Korman Communities
- CIM GroupInstitutional tierBoston, MassachusettsDallas, Texas+8 more marketsWorkforce HousingMultifamily - Value-Add+4 more themes
- HinesInstitutional tierBoston, MassachusettsDallas, Texas+9 more marketsMultifamily - Value-AddHospitality+2 more themes
- EQT ExeterInstitutional tierWashington DCPhoenix, Arizona+9 more marketsWorkforce HousingMultifamily - Value-Add+2 more themes
- Mill Creek ResidentialInstitutional tierBoston, MassachusettsDallas, Texas+8 more marketsWorkforce HousingMultifamily - Value-Add+2 more themes
- The NRP GroupInstitutional tierBoston, MassachusettsDallas, Texas+6 more marketsWorkforce HousingMultifamily - Value-Add+3 more themes
- WinnCompaniesInstitutional tierBoston, MassachusettsDallas, Texas+5 more marketsWorkforce HousingMultifamily - Value-Add+4 more themes
- Taurus Investment HoldingsInstitutional tierBoston, MassachusettsDallas, Texas+5 more marketsWorkforce HousingMultifamily - Value-Add+4 more themes
- Clarion PartnersInstitutional tierBoston, MassachusettsDallas, Texas+7 more marketsMultifamily - Value-AddHospitality+2 more themes
- SunCap Property GroupInstitutional tierDallas, TexasMiami - Ft. Lauderdale - West Palm Beach - South Florida+6 more marketsWorkforce HousingMultifamily - Value-Add+3 more themes
- WatertonInstitutional tierDallas, TexasMiami - Ft. Lauderdale - West Palm Beach - South Florida+6 more marketsWorkforce HousingMultifamily - Value-Add+3 more themes
Frequently asked questions about Korman Communities
- What does Korman Communities do?
- Korman Communities is a family-founded residential real estate company now in its fifth generation, tracing a history of over 100 years in the industry.
- Where is Korman Communities based?
- Korman Communities is headquartered in Plymouth Meeting, PA.
- What markets does Korman Communities operate in?
- Korman Communities is active in Austin, Texas, Boston, Massachusetts, Dallas, Texas, London, United Kingdom (UK), Los Angeles, California (LA), and Miami - Ft. Lauderdale - West Palm Beach - South Florida.
- How many employees does Korman Communities have?
- Korman Communities has 501–1,000 employees.