Picerne Military Housing announced its expansion into the student housing market with the launch of a new parent company, Corvias Group, and a new student housing division, Corvias Campus Living.
“Student housing across the country is rapidly deteriorating,” said John Picerne, founder of Picerne Military Housing and CEO of Corvias Group. “Faced with dwindling endowments and rising infrastructure costs, many schools have simply not been able to keep up with deferred maintenance, let alone pursue modernization. We believe we have a truly innovative housing solution that will allow schools to substantially improve living and learning environments for their students and will allow them to focus on their core mission of education.”
Since its founding, the company has partnered with the military to build, renovate and manage nearly 21,000 homes with more than 65,000 bedrooms, situated on more than 10,000 acres of land nationwide. +
Related Stories
| Feb 1, 2013
Delinquency rate for U.S. commercial real estate loans hits 11-month low
The delinquency rate for U.S. commercial real estate loans in CMBS fell 14 basis points in January to 9.57%. This is the lowest level in 11 months, according to Trepp, LLC's latest U.S. CMBS Delinquency Report.
| Jan 31, 2013
Map of U.S. illustrates planning times for commercial construction
Stephen Oliner, a UCLA professor doing research for the Federal Reserve Board, has made the first-ever estimate of planning times for commercial construction across the United States.
| Jan 31, 2013
More severe wind storms should prompt nationwide reexamination of building codes, says insurance expert
The increased number and severity of storms with high winds nationally should prompt a reexamination of building codes in every community, says Mory Katz, vice president, Verisk Insurance Solutions Commercial Property, Jersey City, N.J.
| Jan 16, 2013
2013 40 Under 40 application process now open
Building Design+Construction's 40 Under 40 is open to AEC professionals from around the globe.
| Jan 3, 2013
Answered prayers
A bold renovation enables a small church to expand its mission on a grand scale.
| Jan 3, 2013
5 things you should know about decorative concrete
Designing and installing decorative concrete is a lot more difficult that you might think. A veteran of many such installations offers a handful of tips to help you plan your next decorative concrete project.
| Jan 2, 2013
Trends Report: New facilities enhance the quality of campus life
Colleges and universities are building state-of-the-art student unions, dining halls, and other non-academic buildings to enrich the campus experience, boost enrollment, and stay competitive.