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Centurion Apartment Real Estate Investment Trust

Investor Eligibility : Open
Minimum Investment : $25,000 : Qualified Investors
Total Target Return : Fund Terms

January 2024 : Active Online
Compliance : 20231124IA

Centurion Apartment Real Estate Investment Trust

Centurion Asset Management Inc. is an alternative investment manager of private mutual fund trusts and was established in 2003 in Toronto, Canada.

20

Years of Experience

7.0B

Under Management

355

Staff

Centurion manages two investment trusts:

Centurion Apartment Real Estate Investment Trust (REIT)

7% - 12%
Targeted Annual Total Returns

Investments in rental apartments, student housing properties, and mortgage and equity investments in property developments across Canada and the United States.

Centurion Financial Trust (CFIT)

7% - 12%
Targeted Annual Total Returns

Debt investments that include, but are not limited to, mortgages, opportunistic real estate developments, and corporate debt.

Centurion Apartment Real Estate Investment Trust : About

About : Centurion Apartment Real Estate Investment Trust

 

  • Canadian private mutual fund trust

  • Investments in multi-family apartment rental buildings, student housing properties, mortgage investments, and equity development projects across Canada and the United States

  • A large percentage of the mortgage investment and equity development projects contain a “first- right-of-purchase offer”  option which serves as a strategic proprietary pipeline of potential acquisitions for the REIT

  • Majority of the properties are operated by the REIT

  • Majority independent Board of Trustees

Centurion Apartment Real Estate Investment Trust : Investment Management Strategy

TARGET MARKETS

  • Growing Canadian population centers, principally the suburbs and “ex-urbs” of Toronto, Vancouver and Montreal, SW Ontario, Lower BC Mainland, and Vancouver Island.

  • Pockets in primary or secondary markets where a property can be acquired at an attractive discount.

TARGET ASSETS

  • Multi-family rental apartment buildings and student residences.

  • New builds as well as unstabilized properties.

  • Developments financed by Centurion Apartment REIT.

  • Buildings to be acquired at reasonable cap rates.

ASSET MANAGEMENT

  • Maintain overall high occupancy rates through well developed leasing strategies.

  • Maintain strong NOI margin through economies of scale and maintenance and repair programs aimed at continually improving property energy efficiency.

  • Properties managed with a view to for a long-term hold.

Centurion Apartment Real Estate Investment Trust : Disclaimer

RISK FACTORS

Investment in securities of the Fund involves a degree of risk and is suitable only for investors who can withstand the loss of their investment. No assurance, representation, or warranty can be given that the Fund’s investment objectives will be achieved or that investors will receive a return of their invested capital.

General Disclaimer IMPORTANT INFORMATION: The results shown have been prepared by the asset manager. This communication is for information purposes only and is not, and under no circumstances is to be construed as, an invitation to make an investment in Centurion. Investing in Centurion Units involves risks. There is currently no secondary market through which Centurion Units may be sold and there can be no assurance that any such market will develop. A return on an investment in Centurion Units is not comparable to the return on an investment in a fixed-income security. The recovery of an initial investment is at risk, and the anticipated return on such an investment is based on many performance assumptions. Although Centurion intends to make regular distributions of its available cash to Unitholders, such distributions may be reduced or suspended. The actual amount distributed will depend on numerous factors, including Centurion’s financial performance, debt covenants and obligations, interest rates, working capital requirements and future capital requirements. In addition, the market value of Centurion Units may decline if Centurion is unable to meet its cash distribution targets in the future, and that decline may be material. It is important for an investor to consider the particular risk factors that may affect the industry in which it is investing and therefore the stability of the distributions that it receives. There can be no assurance that income tax laws and the treatment of mutual fund trusts will not be changed in a manner which adversely affects Centurion. PAST PERFORMANCE MAY NOT BE REPEATED. Investing in Centurion Units can involve significant risks and the value of an investment may go down as well as up. There is no guarantee of performance. An investment in Centurion is not intended as a complete investment program and should only be made after consultation with independent investment and tax advisors. Only investors who do not require immediate liquidity of their investment should consider a potential purchase of Units. The risks involved in this type of investment may be greater than those normally associated with other types of investments. Please refer to the Centurion Offering Memorandums for a further discussion of the risks of investing in Centurion.
Risks IMPORTANT INFORMATION: The results shown have been prepared by the asset manager. This communication is for information purposes only and is not, and under no circumstances is to be construed as, an invitation to make an investment in Centurion. Investing in Centurion Units involves risks. There is currently no secondary market through which Centurion Units may be sold and there can be no assurance that any such market will develop. A return on an investment in Centurion Units is not comparable to the return on an investment in a fixed-income security. The recovery of an initial investment is at risk, and the anticipated return on such an investment is based on many performance assumptions. Although Centurion intends to make regular distributions of its available cash to Unitholders, such distributions may be reduced or suspended. The actual amount distributed will depend on numerous factors, including Centurion’s financial performance, debt covenants and obligations, interest rates, working capital requirements and future capital requirements. In addition, the market value of Centurion Units may decline if Centurion is unable to meet its cash distribution targets in the future, and that decline may be material. It is important for an investor to consider the particular risk factors that may affect the industry in which it is investing and therefore the stability of the distributions that it receives. There can be no assurance that income tax laws and the treatment of mutual fund trusts will not be changed in a manner which adversely affects Centurion. PAST PERFORMANCE MAY NOT BE REPEATED. Investing in Centurion Units can involve significant risks and the value of an investment may go down as well as up. There is no guarantee of performance. An investment in Centurion is not intended as a complete investment program and should only be made after consultation with independent investment and tax advisors. Only investors who do not require immediate liquidity of their investment should consider a potential purchase of Units. The risks involved in this type of investment may be greater than those normally associated with other types of investments. Please refer to the Centurion Offering Memorandums for a further discussion of the risks of investing in Centurion.

Pinnacle Wealth Brokers Inc.

Internal Compliance Audit : Centurion Apartment Real Estate Investment Trust 20231124IA : 2,3,4,7,29,45,46

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