Military housing went from job to vocation after 9/11

‘Their spouses go off to work every day and they don’t know if they are coming back.’

John Picerne was raised on the real estate business in the third-generation Picerne Real Estate Group. But the further he went in the family business, the less comfortable he became with the boom-and-bust cycles of residential housing. Craving a more stable slice of the market, Picerne ventured into military housing, particularly building apartments on Army bases, and broke off the independent Picerne Military Housing in 2005. More
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