The state Board of Regents has selected Corvias Group on to operate the first phase of privatized student housing at nine campuses within the state’s University System.
The state Board of Regents made the decision during its monthly board meeting on Wednesday.
Corvias, based in Rhode Island, operates military housing at a number of Army and Air Force bases across the country. It operates one student housing facility at the Alabama College of Osteopathic Medicine in Dothan, Ala.
Nine companies submitted proposals to operate the dorms. That list was narrowed to three earlier this year.
The selection is part of the system’s plan to outsource student housing, while also reducing some of the debt currently owed by the system.
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