Corvias
Corvias
Industry
About Corvias
Corvias is a privately held company specializing in public-private partnerships to address infrastructure and energy challenges for military and higher education institutions across the United States. With over 20 years of experience, Corvias offers a comprehensive suite of services, including property management, energy management, asset management, design, construction, renovation, and financing.
Property Management
Corvias manages over 87,000 beds across nearly 22 partnerships, ensuring residents experience high-quality living environments. Their proactive maintenance programs, which include preventive maintenance and ongoing reinvestment, help maintain properties in like-new condition.
This approach has led to high resident satisfaction rates, with a 94% occupancy rate and a 97% on-time completion rate for service orders.
Energy Management
Corvias assists partners in achieving energy efficiency and sustainability goals through energy conservation and renewable energy programs, such as geothermal and solar energy.
Notably, at Fort Riley, Kansas, Corvias partnered with the U.S. Army to implement a solar project expected to generate $240 million in utility savings over the next 30 years.
Asset Management
Corvias ensures the preservation and modernization of assets throughout the partnership, allowing for the return of competitive, modernized assets at the end of the agreement.
This commitment is evident in their significant capital improvements across military housing communities, including energy-related renovations and infrastructure enhancements.
Design, Construction, and Renovation
Approaching design, construction, and renovation as an integrated process, Corvias collaborates closely with partners to understand strategic goals and priorities, ensuring that projects meet the envisioned outcomes.
Their expertise has been recognized by Student Housing Business, ranking Corvias third among on-campus student housing managers and 18th overall in its Top 25 Managers of Student Housing list.
Financing
Corvias develops customized financing solutions tailored to each project's needs and goals, creating long-term sustainable funding mechanisms and transferring financial risk to the company.
Over the past two decades, Corvias has successfully raised over $3 billion in private capital, investing in more than 30 public-private partnerships across military and higher education housing and energy resiliency projects.
Locations
Corvias operates in multiple locations across the United States, including:
- Durham, NC, USA
- Detroit, MI, USA
These locations are part of Corvias' extensive network of partnerships with military installations and higher education institutions nationwide.
Through its holistic and collaborative approach, Corvias continues to enhance the quality of life for residents and partners, fostering sustainable and resilient communities across the nation.