Alabama College of Osteopathic Medicine Selects Corvias Campus Living

Dothan, Ala. (November 27, 2012) — Corvias Campus Living, a privately-owned, vertically-integrated real estate solutions company, announced today plans to construct and manage student apartments for the Alabama College of Osteopathic Medicine (ACOM). As the company’s first student housing project, Corvias will develop three 30,864-square-foot residential apartment buildings, 117 bedrooms and a 3,000-square-foot clubhouse along with many outdoor amenities during Phase One.

The on-campus student residences will open in July 2013 to welcome ACOM’s inaugural class of 150 students who will be able to choose from one and two-bedroom apartments, each with a private bathroom and fully-equipped kitchen. The energy efficient units will feature modern and convenient amenities, including wireless internet, washer and dryer connections and private study areas.

Students living on campus will also enjoy access to a brand new clubhouse designed with a state-of-the-art fitness and cardio facility, as well as an open communal kitchen. In addition, there will be private, collaborative spaces available for students to study or socialize. ACOM students will also benefit from the outside common areas where featured amenities include a swimming pool, basketball court, communal garden and a playground for families.

“We are enthused and honored to have been selected for our first student housing partnership by ACOM’s leadership,” said Kurt Ehlers, Managing Director of Corvias Campus Living. “By doing what we do best — delivering the highest quality solutions to unique housing challenges — the college will be able to focus on its mission of offering the highest quality academic programs for its students for decades to come.”

Through a long-term, sustainable development partnership, Corvias Campus Living will be responsible for all construction and property management services, which will allow the college to focus on its ongoing plan to strengthen its academic offerings and pursue its mission to address the critical need for primary care physicians to serve the rural and medically underserved areas of Alabama and the surrounding region.

“The development and management of student housing will add value to our campus life,” said Ronald S. Owen, ACOM President. “Corvias approached ACOM about building and managing an on-campus housing community offered for our medical students’ unique needs.”

Corvias has a local, Dothan office and has been responsible for Army housing at Fort Rucker in Alabama since April 2006, erecting nearly 800 new homes, renovating 550, and building three 7,200-square-foot, state-of-the-art neighborhood centers. Nearly $156 million has been spent on construction and development with 96 percent going to local and small businesses in the Wiregrass area.

About Corvias Group

Corvias is a privately-owned, vertically-integrated real estate solutions group dedicated to building strong communities through partnerships that deliver the highest quality development, construction and management solutions to a range of clients, including the military and higher education. Corvias Group is one company with two divisions: Picerne Military Housing and Corvias Campus Living. Applying our success as pioneers of real estate development and management as Picerne Military Housing, Corvias delivers customer service that exceeds client expectations and an innovative, holistic approach to facility financing, management and construction. We have the ability to forge partnerships that consistently put the interests of our clients first and the flexibility to pursue creative, sustainable long-term solutions to their most difficult challenges. www.corvias.com

About ACOM

ACOM is a comprehensive, four-year osteopathic medical college located in Dothan, Alabama. ACOM, the academic division of the Houston County Health Care Authority, is affiliated with Southeast Alabama Medical Center in Dothan, a 420-bed regional medical center. www.acom.edu

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