Condominium management by AKA

Introducing AKA Condominium Management Services

AKA, the luxury, urban division of Korman Communities, now offers turn-key, value-add condominium management and leasing solutions crafted specifically for new property developers.

AKA leverages four generations of residential experience as both property owners and day-to-day operators - with an in-depth focus on multi-family projects.

Operational Excellence

AKA was recognized in 2020 as the world's top operator by the Association of Serviced Apartment Providers, the industry's benchmark, at their annual London gala.

AKA Capabilities and Services

Sophisticated management program: AKA's management platform is structured to maximize revenue and enhance asset value.

Revenue and NOI maximization: In-house revenue management team responds to varying market conditions to increase revenues. Experienced operating team maintains impeccable guest relation and high-touch service standards while controlling expenses.

Design, space planning and furniture: AKA collaborates with world-class interiors architects and maintains a network of leading furniture and materials suppliers. AKA manages the process including budgeting, procurement, and installation.

AKA Capabilities and Services

Marketing: AKA is expert in marketing to clients seeking luxury longer-stay accommodations afforded by the space and quality associated with residential condominiums. Comprehensive digital and in-person sales team approach drives leads and optimizes brand reputation.

Strong infrastructure: As required AKA supplies financial and technological consulting geared to operating successfully in the rental market, as well as complete accounting services.

Condominium Sales Synergies

Built-in lead generation funnel: 3 to 6-month AKA serviced apartment rental clients are prime candidates to convert to buyers after trial residency.

Condo buyer lifestyle incentive: AKA provides insider access to all AKA properties, amenities, events, and collaborative partners.

Condo buyers have access to AKA's world-renowned design talent network and global furniture and materials brand relationships.

Flexible Partnership Structure

AKA welcomes individualized operating models based on needs of ownership and market conditions.

AKA offers a broad range of services — from operating an entire property including leasing, guest services, food and beverage oversight, and other amenities—to a more limited involvement such as managing select floors within a property on a short-term monthly basis until macro sales parameters improve.

The AKA advantage

5% management fee with year-to year commitment offers ownership flexibility during evolving market conditions.

AKA adds cache to condominium offering—maintaining ownership's carefully curated brand.

Impeccable operating pedigree maintains highest levels of resident experience with seamless integration to existing owners.