Centurion Apartment Real Estate Investment Trust
Participate in rental apartments and student housing properties, as well as mortgage and equity investments in property developments, across Canada and the United States
Overview
Strategy
Performance
Docs & News
Advisor Inquiry
Overview
Overview
The Centurion Apartment Real Estate Investment Trust ("REIT") invests in a diversified portfolio of rental apartments and student housing properties, as well as mortgage and equity investments in property developments, across Canada and the United States and participates in the profits derived from them.
The Centurion Apartment Real Estate Investment Trust ("REIT") invests in a diversified portfolio of rental apartments and student housing properties, as well as mortgage and equity investments in property developments, across Canada and the United States and participates in the profits derived from them.
Investment Summary
| Target Return | 7 - 12% |
| Liquidity | Monthly |
| Income Generation | Monthly |
| Investment Horizon | 5 - 10 years |
| Fees | 1% per annum 15% performance fee with a 7.25% hurdle rate |
Strategy
Strategy
The Asset Manager, Centurion Asset Management Inc., believes that multi-unit residential properties offer an attractive investment opportunity with the potential for stability of yield, inflation protection and growth. Focusing predominantly on one asset class is expected to enable Centurion Apartment REIT to acquire a critical mass of residential units. It is expected to enable Centurion Apartment REIT to bolster its market presence, thereby enhancing Centurion Apartment REIT’s opportunities for future multi-unit residential property acquisitions at attractive prices. Through future acquisitions of properties, in compliance with its investment guidelines, Centurion Apartment REIT intends to geographically diversify its portfolio over time by purchasing properties in thriving communities that will continue to strengthen Centurion Apartment REIT and reduce its risk of owning properties in one community or geographic area. As well, as Centurion Apartment REIT grows through the acquisition of new properties and the issuance of additional REIT Units, Centurion Apartment REIT expects to increase the stability of its income stream and provide Unitholders with increased liquidity.
Objective
The objectives of Centurion Apartment REIT are to: (i) provide registered holders of REIT Units (the “Unitholders”) with stable and growing cash distributions, payable monthly and, to the extent reasonably possible, tax deferred, from investments in a diversified portfolio of income-producing multi-unit residential properties, mortgage investments and equity developments, located in Canada and the United States; and (ii) maximize REIT Unit value through the ongoing management of Centurion Apartment REIT’s assets, the future acquisition of additional multi-unit residential properties, and the funding of mortgage investments and equity developments.
Performance
Docs & News
| Date | Title | Link |
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| no news |
Advisor Inquiry
Terence Cheng
Contact: terence@CortonCapital.ca
Phone: 647 205 7484
Terence Cheng has 17+ years’ experience in the real estate and private capital markets business. As a former Vice President at Fundscraper Capital Inc., he facilitated over $550M in investment capital deployment across vetted market products. Terence is passionate about helping clients and crafting tailored investment solutions to achieve their medium and long-term goals.