Fortune Sky is Your Go-to Source for the Latest Finance News, Covering Markets, Business, Industries and Internet.
⎯ 《 Fortune • Sky 》

Randolph Pointe Offers Niche Military Housing Option

2023-10-18 23:22
FORT LIBERTY, N.C.--(BUSINESS WIRE)--Oct 18, 2023--
Randolph Pointe Offers Niche Military Housing Option

FORT LIBERTY, N.C.--(BUSINESS WIRE)--Oct 18, 2023--

Unaccompanied housing for single service members is a crucial component of military life. It provides this demographic with a convenient location on base, in a comfortable and supportive environment. Randolph Pointe at Fort Liberty stands as an example of the significance and benefits of such housing for single service members.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231018371289/en/

Comfortable bedrooms include private bathrooms and spacious closets for each service member. (Photo: Business Wire)

In the early days of the United States military, single service members typically lived in basic communal barracks on military installations. After World War II, many newer barracks were repurposed to better accommodate single service members, but they still lacked the comforts and amenities that are associated with modern military housing.

More recently, the military recognized the importance of providing on-post accommodations to support the readiness and well-being of a subset of soldiers who are E6 and above. This transition led to the development of modern unaccompanied housing facilities. At Fort Liberty, Randolph Pointe was born, housing single service members who were no longer eligible for the barracks.

Here, single service members have an opportunity to build friendships, share experiences and develop a network of peers who understand the unique challenges and demands of military life. The community maintains an occupancy rate of 93.8% and offers a variety of rental options to accommodate the distinctive needs of this population. Various amenities and social activities, creating a sense of belonging and connection among its residents, are also popular with residents.

On the annual Department of Defense Tenant Satisfaction survey, Randolph Pointe received a 92.8% outstanding rating for their leasing services. Plus, residents ranked their relationship with Randolph Pointe’s Corvias Property Management team as outstanding with a score of 91.1%. This rating focused on how courteous the team is and their willingness to respond to residents’ needs while keeping morale throughout the community high. The onsite team understands and is empathic to the role the community plays in fostering a sense of camaraderie and support within this population.

The financial strain that frequent relocations and deployments can place on service members is another area where the management team at Randolph Pointe makes a difference. By offering housing at competitive rates, including utilities and internet in the rental cost, and providing 24-7 maintenance support, service members can better manage their finances and plan for their future. The maintenance services received the highest score in the annual survey, with a 93.3% rating for quality.

Communities like Randolph Pointe at Fort Liberty play a pivotal role in supporting the military's mission and the well-being of its personnel. By providing stability, community, financial relief, security and convenience, these facilities ensure that service members can focus on their duties, cultivate meaningful relationships, and maintain a high quality of life while serving their country. Recognizing the importance of such housing is essential in promoting the welfare and readiness of our military forces.

About Corvias

As a privately-owned company headquartered in Warwick, RI, Corvias partners with the Department of Defense and higher education institutions nationwide to solve their housing, infrastructure and energy resiliency challenges and to create long-term, sustainable value through our unique Solutions Through Partnerships℠ approach. Corvias pursues the kinds of partnerships that materially and sustainably improve the quality of life for the people who call our communities home. Corvias seeks to partner with organizations with aligned values and missions that are important to our nation’s success. To learn more, please visit: www.corvias.com.

About Corvias Property Management

Corvias Property Management applies its resident-first approach to provide housing operations, maintenance and service support for university and military communities to create safe, high-quality places to live, learn, work and interact. Across 10 U.S. states, Corvias Property Management maintains 42,000 residential units, totaling approximately 50 million square feet of real estate, including at seven military installations and 15 universities.

View source version on businesswire.com:https://www.businesswire.com/news/home/20231018371289/en/

CONTACT: Mary Humphreys

(401) 541-3375

Communications@Corvias.com

KEYWORD: UNITED STATES NORTH AMERICA NORTH CAROLINA

INDUSTRY KEYWORD: DEFENSE MILITARY RESIDENTIAL BUILDING & REAL ESTATE OTHER DEFENSE CONSTRUCTION & PROPERTY

SOURCE: Corvias

Copyright Business Wire 2023.

PUB: 10/18/2023 11:00 AM/DISC: 10/18/2023 11:02 AM

http://www.businesswire.com/news/home/20231018371289/en