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.
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. Mr. Price functions as K&D's Chief Executive Officer, and Mrs. Paganini is its president.
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. 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.
Properties Retrieved on 2015-10-21 Terminal Tower 668 Euclid Avenue 1717 East Ninth BuildingMcFee, Michelle Jarboe (March 22, 2012). "K&D Group plans to buy, remake East Ohio Building in downtown Cleveland as 223 apartments by 2014". The Plain Dealer. Retrieved 12 December 2012. Halle BuildingMcFee, M.J. (December 4, 2014). K&D Group buys Halle Building, garage from Forest City, plans 240-unit apartment conversion. The Plain Dealer Hanna BuildingMcfee, M. J. (September 12, 2012). K&D Group closes Hanna Building Annex deal, will start construction on Playhouse Square apartments. The Plain Dealer. Keith BuildingMcFee, M.J. (February 19, 2015). K&D Group set to buy Keith Building at Playhouse Square - but not for apartments. The Plain Dealer Leader BuildingMcFee, M. J. http://www.cleveland.com/business/index.ssf/2014/08/leader_building_in_downtown_cl.html Leader Building in Downtown Cleveland Fetches 5.4 Million in Sale to K&D Group Retrieved on 2015-09-06 Reserve SquareBullard, Stan. K&D buys Reserve Square, Crain's Cleveland Business. 2005-08-31. Rockefeller Building Stonebridge Condos Stonebridge Plaza Franklin Hall 55 Public Square Artcraft Building
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