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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]
- 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]
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