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AVE by Korman Communities's Overview

Total employees289
HeadquartersPlymouth Meeting
Founded

AVE by Korman Communities specializes in providing flexible-stay furnished suites and unfurnished luxury apartments across key suburban and urban markets in the United States. Catering to business travelers, individuals relocating, or those in-between homes, AVE offers resort-style amenities and a high level of service. They are a division of Korman Communities, a multi-generational, family-owned real estate company with over a century of experience in development, property management, and innovation in residential living.

Where is AVE by Korman Communities's Headquarters?

HQ Function

Serves as the central hub for Korman Communities' operations, including AVE brand management, strategic planning, development, finance, marketing, and human resources.

Notable Features:

A modern corporate office environment designed to foster collaboration and reflect the quality and professionalism of the Korman Communities and AVE brands. Specific architectural details are not widely publicized, but it's expected to be a Class A office space.

Work Culture:

Emphasizes a strong commitment to customer service, hospitality, and teamwork, reflecting its roots in the residential and extended-stay sectors. A family-oriented culture with a focus on professional growth and resident satisfaction.

HQ Significance:

The headquarters is significant as it represents the central command for a long-standing, family-run real estate enterprise that has innovated in areas like furnished apartments and flexible living solutions.

Values Reflected in HQ: The headquarters likely reflects values of professionalism, quality, innovation, and a commitment to excellence in property management and resident experience.

Location:

AVE by Korman Communities primarily operates within the United States, with a strong presence in key metropolitan areas such as Greater Philadelphia, New Jersey, the San Francisco Bay Area, Los Angeles, Dallas, and Austin. While their physical properties are US-based, they serve a global clientele, including international business travelers, relocating individuals, and multinational corporations requiring housing solutions for their employees. Their service model supports global mobility needs by providing fully equipped, flexible living options.

Street Address:

650 W. Swedesford Road, Suite 210

City:

Plymouth Meeting

State/Province:

PA

Country:

USA

AVE by Korman Communities's Global Presence

King of Prussia, PA, USA

Address: 555 S Goddard Blvd, King of Prussia, PA 19406

Caters to the strong corporate presence in the King of Prussia area, including pharmaceuticals, technology, and business services, as well as providing housing for those relocating to the Philadelphia suburbs.

Clifton, NJ, USA

Address: 743 Passaic Avenue, Clifton, NJ 07012

Serves the New York City metropolitan area, offering an alternative to city living with convenient access to Manhattan and major New Jersey business centers.

Emeryville, CA, USA

Address: 3800 Emery Street, Emeryville, CA 94608

Targets professionals and companies in the technology, biotech, and broader business sectors of the East Bay and San Francisco, including those needing temporary or extended-stay housing.

Austin, TX, USA

Address: 2220 E Oltorf St, Austin, TX 78741

Serves the rapidly growing tech and business community in Austin, as well as individuals and families relocating to the area or needing interim housing.

Buying Intent Signals for AVE by Korman Communities

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of AVE by Korman Communities

As of April 2025, AVE by Korman Communities' leadership includes:

Larry Korman - Co-CEO, Korman Communities
Bradley Korman - Co-CEO, Korman Communities
Mark Korman - Co-CEO, Korman Communities
Lea Anne Welsh - President of AVE and COO of Korman Communities
Michael A. Gigliotti - Chief Financial Officer, Korman Communities
Ashley Cerasaro - Senior Vice President of Sales and Marketing, AVE

Investors of AVE by Korman Communities

AVE by Korman Communities has been backed by several prominent investors over the years, including:

Privately Held/Family Owned

Executive New Hires/Exits in the Last 12 Months

Hire0
Exits0

Korman Communities and its AVE brand maintain a stable leadership team, typical of a long-standing family-owned business. Significant high-level executive turnover is infrequent. No major executive hires or exits have been widely publicized in the last 12 months.

Technology (Tech Stack) used by AVE by Korman Communities

Discover the tools AVE by Korman Communities uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

AVE by Korman Communities Email Formats and Examples

Emails for AVE by Korman Communities and its parent company, Korman Communities, typically follow standard corporate email patterns. The most common format for corporate employees is likely first initial followed by last name.

[firstinitial][lastname]@kormancommunities.com

Format

lwelsh@kormancommunities.com

Example

80%

Success rate

News and media

AVE by Korman Communities Blog2024-05-23

AVE Wins Best of the Main Line & Suburban Life 2024!

AVE by Korman Communities was recognized in Main Line Today and Suburban Life Magazine's 'Best of' readers' polls, winning Best Apartments in various locations and Best Corporate Housing in Chester County....more

PR Newswire2024-03-05

AVE by Korman Communities Celebrates Grand Opening of AVE Florham Park in New Jersey

AVE by Korman Communities announced the grand opening of AVE Florham Park, a flexible-stay residential community in Florham Park, New Jersey, featuring 256 luxury apartments and resort-style amenities....more

Multi-Housing News2023-10-26

AVE Opens Luxury Flexible-Stay Community in Dallas

AVE by Korman Communities has opened AVE Dallas, a 384-unit luxury flexible-stay community in Dallas’ Knox Henderson neighborhood. The property offers furnished and unfurnished apartments with high-end amenities....more

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