Our newsletter delivers the latest news and developments from Centurion, as well as some related articles with valuable information about the real estate investment landscape. Please take a few moments to read.
Back to Basics: From Emerging Market Derivatives to Residential Real Estate. Greg Romundt & the Centurion Story.
Exempt Edge, a magazine published by the National Exempt Market Association, featured an exclusive interview with Greg Romundt in their Summer 2016 Edition.
Centurion has now been in business for over 13 years and I have spent the last 25 years managing investment capital. This is the story of how Centurion went from its small beginnings as my original second career/early retirement plan to something wholly different than my original vision changed over time and the bumps we had along the way. It's also the story of how it may not have happened if I was starting out today.
Concrete & Derivatives
I grew up in Toronto in a middle class family. During my school years, I worked in concrete and masonry repairs (mostly of apartment buildings) to pay for my education. I never thought I'd use those skills again. I had no idea at the time I'd end up in the apartment business and that those skills would come into use every single time I look at a building today. Read More.
Centurion's two investment solutions.
Provides the opportunity for investors to invest in a diversified portfolio of rental apartments and student housing properties in Canada and participate in the profits derived from them.
Is an income and capital growth oriented investment trust that allows investors the opportunity to invest in a diversified portfolio of mortgages and opportunistic real estate developments and investments.
Centurion Property News
Centurion Acquisition of an Apartment Portfolio in Toronto, Ontario.
Centurion Asset Management Inc., the asset manager of Centurion Apartment REIT, is pleased to announce the acquisition of 1731, 1735 and 1739 Victoria Park Avenue in Toronto, Ontario. Currently, Centurion owns and manages three other properties in the eastern Toronto area (Biggin Court, Victoria Park Apartments, and Rannock Apartments); this acquisition increases Centurion’s positioning in the area from 453 units to a total of 582 units. Read More
Centurion Announces the Pending Acquisition of an Apartment in Guelph, Ontario.
Centurion Asset Management Inc., the asset manager of Centurion Apartment REIT, is pleased to announce the pending acquisition of 5 Schroder Crescent in Guelph, Ontario. This newly built apartment building was developed and constructed by an external partner of Centurion Real Estate Opportunities Trust. The building is currently being managed by Centurion Properties Associates Inc. Read More
Centurion REOT Update
Centurion Real Estate Opportunities Trust (the "REOT") has continued to steadily grow. Total assets as at June 30, 2016 were approximately $180 million.
In the last quarter, NAV increased by 3% to $10.348/unit as of May 2, 2016.
New Offering Memorandums were published on April 30, 2016 for Centurion Real Estate Opportunities Trust and Centurion Apartment Real Estate Investment Trust. These Offering Memorandums provide up-to-date information on the trusts.
On January 16, 2016 the residents of Ontario joined the residents of British Columbia and Alberta among other provinces in Canada in being allowed as Eligible Investors to make investments under certain Prospectus Exemptions. Centurion is very glad of this change and we are pleased that many more Ontarians will have the opportunity to invest in Centurion.
