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.
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.
December 20, 2018
Private Apartment REITs with Centurion founder Greg Romundt
Greg Romundt sits with Sim and Dayma from Commercial Real Estate Library to talk about Centurion and the company’s suite of investment and financing solutions. Greg also shared his thoughts on key topics in the Canadian real estate today.
December 6, 2018
Purpose-built rentals: Issues, strategy from apartment experts
Centurion Asset Management Inc. President and CEO Greg Romundt, together with other top real estate executives, discussed key topics about the apartment market during the Toronto Real Estate Forum. The panel discussion is one of the concurrent sessions in this year’s forum, which was held on December 4 and 5 at the Metro Toronto Convention Centre.
November 30, 2018
Centurion Apartment REIT Announces the Acquisition of its First Multi-Residential...
Centurion Asset Management Inc., the asset manager of Centurion Apartment REIT, is pleased to announce the acquisition of an 85% interest in a multi-residential property in Texas, U.S. This transaction is Centurion’s first acquisition in the U.S.
November 22, 2018
Centurion Apartment REIT Announces the Pending Acquisition of Three Multi-Residential...
Centurion Asset Management Inc., the asset manager of Centurion Apartment REIT, is pleased to announce the pending acquisition of three multi-residential properties in Winnipeg, Manitoba and Victoria, British Columbia.
November 21, 2018
Centurion Apartment REIT Announces Successful Acquisition of Three New Multi-Residential...
Centurion Asset Management Inc., the asset manager of Centurion Apartment REIT, is pleased to announce that it has closed the purchase of three multi-family properties in Regina, Saskatchewan. Madison Manor, Madison Ridge, and Sky Pointe have a total of 187 units with a mix of one-bedroom, two-bedroom, and three-bedroom suites.
October 1, 2018
Centurion Apartment REIT Announces Successful Opening of a Brand-New, Multi-Residential...
Centurion Asset Management Inc., the asset manager of Centurion Apartment REIT, is pleased to announce the opening of a brand-new, multi-residential apartment building at 286 Kingswood Drive in Kitchener, Ontario in September.
September 14, 2018
Centurion Annual General Meeting Results and Presentation
The Annual General Meetings (AGMs) for Centurion Apartment Real Estate Investment Trust (“REIT”), Centurion Real Estate Opportunities Trust (“REOT”), and Centurion Financial Trust (“CFIT”) were held in Toronto on September 13, 2018.
August 7, 2018
20 influencers in the world of real estate in Canada
Centurion President and CEO Greg Romundt was named one of Canada's top 20 influencers in real estate. The list includes Canadian real estate experts with rock-solid reputations who hold the largest weight when it comes to influencing others though social media and online marketing.
June 28, 2018
Apartment financiers to developers: Do your homework
Centurion Vice President of Mortgage Investments and Joint Ventures Stephen Stewart encourages developers to focus on coming to lenders only after doing research, conducting feasibility studies, and coming up with a strong idea of pro forma rents and a deep pool of comparables when looking for money. This was discussed during Aptcon 2018's panel discussion that brought together real estate lenders to discuss financing.