Find out the latest news on Centurion as it happens. Learn about our most recent acquisitions, major transactions, and/or company developments. Visit the archive for past press releases and company announcements.
May 10, 2019
Tapping Into Private Debt
May 3, 2019
Centurion named one of the Top Mortgage Workplaces for 2019 by Canadian Mortgage Professional
April 25, 2019
Centurion Apartment REIT Announces the Pending Acquisition of an Apartment Portfolio in Langford, British Columbia
Centurion Asset Management Inc., the asset manager of Centurion Apartment REIT, is pleased to announce the pending acquisition of 100% interest in an apartment portfolio in Langford, British Columbia. Village Walk West Apartments, Roberts Place, and Roberts Landing have a total of 136 units with a mix of one, two, and three-bedroom suites, as well as two commercial units. This portfolio complements another recent pending acquisition located in downtown Victoria, allowing for operating efficiencies amongst the portfolio.
April 18, 2019
Centurion Apartment REIT Continues its Expansion into the U.S., Announcing its Acquisition of a Multi-Residential Apartment Community in Athens, Georgia
Centurion Asset Management Inc., the asset manager of Centurion Apartment REIT, is pleased to announce the acquisition of a 75% interest in a multi-residential community in Athens, Georgia. This transaction is Centurion’s second acquisition in the U.S.
March 4, 2019
Centurion Apartment Real Estate Investment Trust (the "REIT") Opening
Centurion Asset Management Inc. is pleased to announce the opening of the Centurion Apartment Real Estate Investment Trust ("REIT") for investment starting April 1, 2019. We have been presented with investment opportunities requiring new capital. As such, Centurion Apartment REIT will be open until further notice.
February 4, 2019
Temporary Capping of Centurion Apartment Real Estate Investment Trust (the "REIT")
Centurion Apartment REIT will temporarily cap new investments as of February 4, 2019. The REIT will remain open for redemptions, continue to make scheduled distributions, and clients electing to receive Distribution Re-Investment Plan may continue to do so.
February 1, 2019
CapRE’s Canada Student Housing Forum Preview: Q&A with Greg Romundt, Centurion
Centurion President and CEO Greg Romundt will be a featured speaker at CapRE’s upcoming Canada Student Housing Forum on April 4, 2019. In this interview, Greg shared his thoughts on the current state of and available opportunities in the Canadian student housing market, and how the U.S. and Canadian economies affect the rental markets for both multi-family and student housing.
January 21, 2019
Student housing proves to be a lucrative niche for investors
This interesting article from The Globe and Mail talks about the opportunities in student housing for REITs like Centurion. President and CEO Greg Romundt shares how this market segment complements Centurion's diverse portfolio.
January 8, 2019
2018 Bonus Distribution
Following a very successful year, Centurion Asset Management Inc. is pleased to announce that a Bonus Distribution was paid to unitholders of Centurion Real Estate Opportunities Trust ("REOT") and Centurion Financial Trust ("CFIT") as at December 31, 2018. This Bonus Distribution was paid in units. As a result, the Net Asset Value price for each Trust was subsequently reduced by the bonus amount.