Centurion Residential Income Fund Trust
Access to Canadian multi-residential properties.
Overview
Strategy
Performance
Docs & News
Advisor Inquiry
Overview
Overview
The Equiton Residential Income Fund Trust (The “Apartment Fund”) specializes in acquiring undervalued Canadian multi-residential properties with identifiable value creation opportunities which can be realized through insightful active management. The Apartment Fund also invests in a limited number of multi-residential developments to help ensure a cost-effective property acquisition pipeline.
The Equiton Residential Income Fund Trust (The “Apartment Fund”) specializes in acquiring undervalued Canadian multi-residential properties with identifiable value creation opportunities which can be realized through insightful active management. The Apartment Fund also invests in a limited number of multi-residential developments to help ensure a cost-effective property acquisition pipeline.
Investment Summary
| Target Return | 8 - 12% |
| Liquidity | Monthly |
| Income Generation | Monthly |
| Investment Horizon | 5 - 10 years |
| Fees | 1% per annum Performance fees: |
Strategy
Strategy
The fund strategy is to acquire underperforming and undervalued multi-residential properties and select new developments in Canada and increase their value through active management. The Asset Manager, Equiton Partners Inc., seeks to enhance the value of the Properties through a number of distinct and well executed strategies, including: a commitment to customer satisfaction; maintenance and repair programs; quality on-site building staff; detailed financial reporting; strategic debt management; enhancement of the Partnership’s portfolio; and timely communications and disclosure. The Asset Manager was initially focused on secondary markets as well as value add opportunities, but has now also moved into primary markets as opportunities have become available. The Asset Manager is now focused on building scale and efficiencies in markets in Ontario and expanding into other provinces.
Objective
The long-term objectives of the Trust are (i) to maximize Trust Unitholders’ value with regular and growing cash distributions payable monthly, and (ii) through the holding of Class A LP Units, Class B LP Units, Class C LP Units, Class F LP Units and Class I LP Units to maximize Trust Unit value through the ongoing management of the Partnership’s assets and through the Partnership’s future acquisition of additional properties.
Performance
Docs & News
| Date | Title | Link |
|---|---|---|
| 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.