In the News
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 22, 2020
Alternative Thinking: Both Sides of the Investment Coin with Greg Romundt
PODCAST: Lean in as James Burron (CAASA) speaks with Craig Machel (Richardson GMP) and Greg Romundt (Centurion) to discuss how the coronavirus has affected the real estate equity and lending market, and the factors that have and will continue to affect this area of investment and many people’s personal wealth for years to come.
April 17, 2020
Centurion REOT Announces the Acquisition of its Second Medical Office Property...
Centurion Asset Management Inc., the asset manager of Centurion Real Estate Opportunities Trust (“REOT”), is pleased to announce that it has completed the purchase of a 75% interest in a medical portfolio in Barrie, Ontario. This transaction is Centurion’s second medical office acquisition.
March 20, 2020
"Making rental development profitable": An Exclusive Interview with Centurion...
Centurion president and CEO Greg Romundt speaks with Wealth Professional Canada about why he thinks rental developments are the next big thing in Canadian real estate based on current market trends.
March 19, 2020
Centurion Apartment REIT has Closed the Acquisition of a New Multi-Residential...
Centurion Asset Management Inc., the asset manager of Centurion Apartment REIT, is pleased to announce that it has completed the acquisition of a newly constructed multi-residential property in Langford, British Columbia. This new acquisition brought Centurion's portfolio to 10 properties and 611 rental units in the Greater Victoria Area.
March 19, 2020
Centurion Apartment REIT Opening
Centurion Asset Management Inc. is pleased to announce that Centurion Apartment Real Estate Investment Trust (“REIT”) will be opening for an equity raise, with the first closing set for April 1, 2020. The REIT will remain open for closings until at least the May 1, 2020 closing date to ensure advisors and investors have enough time to respond.
March 13, 2020
Centurion’s response update to COVID-19
Centurion is closely monitoring the current COVID-19 situation through various federal and provincial health agencies, and media outlets. Our top priority is to keep employees, residents, and clients vigilant, healthy, and safe by implementing the appropriate measures as new information emerges. We have strengthened our existing Business Continuity Plan and aim to perform regular business functions that may otherwise be disrupted by COVID-19. We currently have measures in place to support our employees, residents, and clients.
March 12, 2020
Centurion Apartment REIT has Closed the Acquisition of a Multi-Residential Apartment...
Centurion Asset Management Inc., the asset manager of Centurion Apartment REIT, is pleased to announce that it has completed the acquisition of an 85% interest in a multi-residential property in Baytown, Texas, U.S.A.
March 2, 2020
Temporary Capping of Centurion Real Estate Opportunities Trust (the "REOT")
Centurion REOT will temporarily cap new subscriptions as of March 2, 2020. The REOT will remain open for redemptions and continue to make scheduled cash and dividend distributions.
February 26, 2020
Centurion Apartment REIT Announces the Pending Acquisition of a New Multi-Residential...
Centurion Asset Management Inc., the asset manager of Centurion Apartment REIT, is pleased to announce the pending acquisition of a newly constructed multi-residential property in Surrey, British Columbia. This new acquisition is Centurion’s second in Surrey. The anticipated closing date for phase 1 of this transaction is in January 2021.
February 19, 2020
Centurion Apartment REIT Announces the Pending Acquisition of a Multi-Residential...
Centurion Asset Management Inc., the asset manager of Centurion Apartment REIT, is pleased to announce the pending acquisition of a multi-residential apartment portfolio in Guelph, Ontario.