K & D Group

The K & D Group, of Willoughby, Ohio, is an American major real-estate holder of numerous prominent office and residential properties in Northeast Ohio. K&D Properties was originally established as a partnership by Douglas E. Price, III and Karen M. Paganini in 1984.^[1]

The partnership began purchasing and renovating properties and formed K&D in 1998 to manage and acquire future properties. 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.

In 2021, K&D was criticized for its slow response to flooding in its apartments at Terminal Tower.^[5]

Properties

^[6]

• Terminal Tower^[7]
• 668 Euclid Avenue^[8]
• 1717 East Ninth Building^[9]
• Halle Building^[10]
• Hanna Building^[11]
• Keith Building^[12]
• Leader Building^[13]
• Reserve Square^[14]
• Stonebridge Condos
• Stonebridge Plaza
• Franklin Hall^[15]
• 55 Public Square^[16]
• Artcraft Building ^[17]