K&D Properties was originally established as a partnership by Douglas E. Price, III and Karen M. Paganini in 1984.
Today, as Northeast Ohio’s largest privately owned property management and development firm, K&D owns and manages over 45 apartment communities, consisting of nearly 10,000 units throughout Northeast Ohio, and includes properties attractive to high, moderate, and lower income individuals and families.
[2] Mr. Price functions as K&D’s Chief Executive Officer, and Mrs. Paganini is its President.
[3] In 2016, it was announced by CEO Douglas Price III that the K&D Group had purchased the historic Cleveland landmark, The Terminal Tower, for $38.5 million.
[4] This purchase was part of a $100 million project to transform floors four through 15 into luxury apartments.