Asset Management Data Monitoring Allows for Real-Time Portfolio
Tracking, Planning, and Implementation
Warwick, RI (September 10, 2024) – Through its partnership with the U.S. Army, Corvias owns and maintains a diverse portfolio of more than 22,000 military housing units made up of apartments, single family homes and multi-family residences. To help manage these assets, Corvias developed and harnesses its proprietary geospatial business intelligence system, COBI™, to help plan, identify issues, monitor change, forecast, understand trends, better respond to weather-related events, and prioritize projects in real time. COBI allows for data-driven asset sustainment and operational efficiency to continually improve resident satisfaction.
Being able to assess data and derive actionable insights empowers Corvias to deploy timely comprehensive solutions. For example, COBI can help determine that an appliance model is nearing the end of its useful life, informing the need to proactively replace all units. This approach saves time, resources, and enables Corvias to better serve its residents by addressing their needs comprehensively and simultaneously.
“By storing and visualizing housing data, COBI provides actionable intelligence and drives accelerated, data-driven decision making,” says Pete Sims, DOD managing director for Corvias. “COBI also allows us to continue to enhance how we manage our portfolio, support our partnerships, and take care of our residents.”
COBI presents live access to property-specific data for deeper insights into the condition, age, and lifespan of its assets. Additionally, when planning for additional assets, such as solar or apartments, COBI furnishes advanced site analytics for more informed site selection.
“The Corvias model provides for continual reinvestment into our communities,” says Sims. “COBI’s transformative approach helps us shape our out-year development plans by pinpointing priority projects so we can focus our renovation and construction efforts where they will yield the most value.”
As Corvias continues its 50-year partnership with the Army, COBI is a vital accountability tool that supports maintaining and reinvesting in homes with the overarching aim of optimizing resident satisfaction and demonstrating its commitment to its partners.
###
About Corvias
Corvias partners with the Department of Defense and higher education institutions to solve infrastructure and energy resiliency challenges and to create long-term, sustainable value through our unique Solutions Through Partnerships® approach. Corvias partnerships enhance the well-being in our communities, including at the largest renewable energy project in Kansas and at resiliency projects nationwide. Our more than 72,000 residents consistently highly rank the courtesy and professionalism of our maintenance and leasing personnel. To learn more, please visit: www.corvias.com.