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Special Situation

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Rainmaker is pleased to introduce you to:

Centurion Asset Management

Real Estate Income Trust

(REIT)

historical performance & Target*

trailing
1 Year

  • 6.52
    %
    Income & Growth*

trailing
3 Years

  • 10.52
    %
    Income & Growth*

trailing
Since
Inception

  • 12.75
    %
    Income & Growth*

Annual
Target

  • 8.00
    %
    Income & Growth*

what is in it for you?

Proven stable income from monthly cash distributions of 4% per annum*, and equity growth of 3 to 8% per annum* for a total target of 7% to 12% per annum*

Image of management

The value proposition for investors

Mr. Gregory G. Romundt is the founder and President of the Asset Manager, the Property Manager, the Mortgage Manager, the Mortgage Servicer, Centurion Apartment REIT, Centurion Real Estate Opportunities Trust, and Centurion Financial Trust. He has been engaged in investment in residential real estate since 1997 and investments and financial markets since 1991. He has real estate investment experience in Singapore, Britain, Australia, China and Canada. From 1991 to 1997, he worked for Citibank in Toronto, New York and Singapore as a financial derivatives trader in interest rate derivatives, major and emerging currencies and exotic derivatives. From 1997 to 2001, he worked for AIG International Group in Hong Kong, Britain and Singapore as head of emerging market derivatives and then as Senior Vice President and Partner (Emerging Markets). He was the group risk manager, overseeing all of the firm's positions in emerging markets. He graduated from the Richard Ivey School of Business at the University of Western Ontario with an HBA in 1991. Mr. Romundt was nominated for and was a finalist in the Ernst & Young 2014 Entrepreneur of the Year award. He was named CEO of the Year in 2015 by Canadian Apartment Magazine.
Greg Romundt, President and CEO, Trustee of Centurion Apartment REIT, Centurion REOT, and Centurion Financial Trust

Investment strategy

The Centurion Apartment Real Estate Investment Trust (REIT) invests in a diversified portfolio of rental apartments and student housing properties across Canada and the United States and participates in the profits derived from them. With that mandate, the REIT always looks for opportunities using strict due diligence to ensure investments are responsible and beneficial for its investors. We concentrate on communities with historically low vacancy rates, growing population demographics, and opportunities to improve rent levels.

Key Considerations

  • Centurion manages over $2.5 Billion with positives returns for investors since 2003
  • Expected annual total return target between 7% - 12%
  • Monthly cash distributions enable investors to plan and budget. Or re-invest, a DRIP is available at a 2% discount
  • Investing in income-producing apartments and mortgage investments‚Äö√Ñ√¨the most stable sector of real estate that yields consistent returns
  • Tax-efficient distributions
  • Long-term growth potential
  • Stable, rational pricing with lower volatility and low correlation to major equity markets
  • RRSP, RRIF, and TFSA eligible
  • Real estate ownership without responsibility of management
  • Experienced professional management team with a track record of performance

Rate of Return Targets

  • 4
    %
    Annual Income *
  • 4
    %
    Annual Equity Growth *
  • 8
    %
    Total Minimum Annual Rate of Return *
    (From Income + Equity Growth Combined)

Key benefits associated with this investment*

The suitable investor is comfortable with

Investment Objectives

Investment Sectors

Possible risks*

High-level Details

  1. 1 Year Historical Annual Rate of Return * (Income + Equity Growth Combined)
    6.5
    %
  2. 3 Year Historical Annual Rate of Return * (Income + Equity Growth Combined)
    10.52
    %
  3. Since Inception Historical Annual Rate of Return * (Income + Equity Growth Combined)
    12.75
    %
  4. Annual Rate of Return Target Minimum* (Income + Equity Growth Combined)
    8
    %
  5. Annual Rate of Return Target* (Income Only)
    4
    %
  6. Annual Rate of Return Target* (Equity Growth Only)
    4
    %
  7. Additional Profit Potential
    No
    Yes
    No
  8. Additional Profit Potential From Tax Efficient Distributions
    No
    Yes
  9. Hurdle rate for investors before management participates in profits
    N/A
    %
  10. Split ratio paid to investors of additional profits (investors : Management)
    N/A
  11. Distribution Frequency
    Monthly
  12. Minimum Investment Amount
    $
    25000
  13. Currency
    CAD
  14. Target Term* (Months) - Short
    60
  15. Target Term* (Months) - Long
    60
  16. Open or Fixed Term
    Open Term
  17. Early Redemption Options
    Yes. Refer to Offering Documents
  18. Eligible for Registered Accounts (RRSP, LIRA, RIFF etc)
    Yes
    No
  19. Commission % paid to Dealer (Built-in operating expense)
    5
    %
  20. Trailer % paid to Dealer (Built-in operating expense)
    0.5
    %
  21. Accredited Investors Only
    No
    Yes
  22. (AUM) Assets Under Management of Issuer
    $
    5.8 Bn
  23. Date of offering documents
    September 1, 2023
* With every investment, there are risks which may or may not effect your decision to invest. Always read the offering documents.
* The target rates, historical data and dates provided can all be referenced back to the Fund Facts sheet and offering documents for each respective investment. The Fund Facts and documents are available on this website by logging in and viewing each respective investment. You can view and download all offering documents.
* Any references to % rates of return, or a length of time, are always to be considered as targets set by management of each investment. The management will strive to achieve their respective targets and may have a history of achieving these targets, however, there are no guarantees these will be achieved in the future. Actual profits may be higher or lower. No investment is guaranteed to achieve its targets or protect invested capital.
* Rates are net of fees.
* Target and historical figures were last updated : 22 March 2024
Sentinel Financial Management has been in business for over 40 years and conducts the due diligence on each investment before and during the time which any investment is available to invest into.