Maintain Ownership and Control
Joint Governance Approach
The Corvias approach allows institutions to maintain ownership of their assets and receive 100% of all residual cash flows. This structure allows us to return an expected total of nearly $10 billion to our partners.All 30 of Corvias' current partnerships enjoy these benefits of a joint governance approach:
- Review and approval authority for annual budgets
- Control of strategic decisions
- Continued land ownership
- Flexibility to change as campus evolves
When both partners commit to the joint governance approach and interests are aligned, collaboration is organic. With joint operating, management, and executive committees and clearly defined roles and responsibilities, this approach ensures communication at all levels throughout the life of the partnership.