Corvias Group Executive Promoted to Chief Financial Officer

March 18, 2013

Senior Vice President of Finance David Rozen expands his role to include the management of Corvias’ financial operations

East Greenwich, R.I.(March 18, 2013) –Corvias Group, a privately-owned, vertically-integrated real estate solutions group, today announced that Senior Vice President of Finance, David Rozen, has been promoted to SVP and Chief Financial Officer (CFO).

In his expanded role, Rozen will oversee external financial relationships with Corvias’ institutional partners, while continuing to run the day-to-day financial operations of the company and its divisions: Picerne Military Housing and Corvias Campus Living. Rozen has been instrumental in helping the company grow its military housing business and has been a key player in working with Corvias Campus Living managing director, Kurt Ehlers, to spearhead the company’s expansion into the student housing market.

“Thanks to David’s financial and economic skills, we have become known for our ability to help clients develop and deliver the solutions that their customers need without burdening their balance sheets and credit ratings,” said John Picerne, President and CEO of Corvias Group. “His deep understanding of long-term finance, coupled with his natural ability to problem solve, will play an instrumental role as we pursue innovative solutions to housing challenges in the military and higher education markets.”

Since joining the team in 2004, Rozen has been in charge of overseeing the finances of Picerne Military Housing’s portfolio comprised of nearly 21,000 units. Throughout his career in institutional housing, Rozen has procured and acquired nearly 17,000 units, raised more than $1 billion in private placement and municipal funding, and been involved in multiple restructurings and workouts.

David is also actively involved in a number of charitable organizations inspired by his daughter Lucy. He is the co-founder of the annual “Links for Lucy” golf tournament (, which raises money for children with epilepsy. David is also on the Board of Directors for The Matty Fund, a non-profit organization that provides resources for children and families living with epilepsy. Additionally, he is involved with Wide Horizon for Children, a child welfare and adoption agency.

Rozen currently resides in Cranston, RI. He holds both a B.A. and an M.B.A. from Boston University with a concentration in Finance. In August, he was selected as a winner for the 2012 Providence Business News “40 Under Forty” award.

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. 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