Page 2 - Korman Communities News Today

Micro apartments are about two-thirds the size of a regular apartment but also cost less money, which could make them a hot option for downtown urban areas.

San Diego, California (PRWEB) February 14, 2022 -- OWL, a collaborative global marketplace for the sourcing and procurement of temporary housing, is pleased

How Rodrigo Niño’s Prodigy Network collapsed, jeopardizing the investments of thousands of out-of-pocket investors.

AUSTIN, TX - Korman Communities, in partnership with Verde Capital, has completed the purchase of its first property in Austin, Texas. The brand new, 226-unit, Class AA property, AVE Austin, offers a unique flexible-stay living solution in North Austin, conveniently situated between Downtown Austin and The Domain. “This acquisition represents the first of what we anticipate will be many new ventures in this region,” says Bradley Korman, co-CEO of the Philadelphia-area-based Korman...

Larry Korman and Joe Lubeck (iStock) A multifamily investment firm and a luxury hotel residences company have partnered to launch a $500 million hotel investment fund, seeking to take advantage of opportunities created by the pandemic. Electra America Hospitality Group, a joint venture between Electra America and AKA, plans to focus on properties in New York City, Miami, Los Angeles, Washington D.C., Toronto and London, said Russ Urban, CEO of the new partnership. The joint venture recently clo...

The Canadian Imperial Bank has filed to foreclose on Prodigy Network’s AKA-branded hotel building at 234 East 46th Street.

Share this article WEST HOLLYWOOD, Calif., Jan. 26, 2021 /PRNewswire/ --  AKA, the international brand synonymous with long-stay luxury living in world-class cities, has announced today that AKA West Hollywood will begin welcoming stays of seven nights or longer to complement the propertys 30-day+ stay model, to better support the needs of travelers seeking temporary accommodations. AKA West Hollywoods discerning clientele – including creative nomads, entertainment industry insiders and t...

Share via Shortlink Photo illustration of Rodrigo Niño, with Shorewood’s Larry Davis, 84 Williams Street and 331 Park Avenue South (Getty, Google Maps, iStock/Illustration by Alexis Manrodt for The Real Deal) Johanna Trujillo invested $20,000 in what seemed like a sure thing — a piece of Manhattan real estate. She and her mother bought into a co-working development with meditation rooms and views of Park Avenue South. That was the draw of Prodigy Network: It allowed regular people ...

As winter approaches and money and food become scarcer and eviction notices become more widespread, pleas to elected officials for help to save small businesses and employees’ livelihoods will become