We Aim High
A SEASONED TEAM PROVIDING DYNAMIC REAL ESTATE INVESTMENT STRATEGIES
What We Do
DELIVER RESULTS THAT EXCEED EXPECTATIONS
Centurion Property Group specializes in the acquisition, repositioning, and operation of income-producing student housing properties strategically located near major universities across the Southeast, Southwest, and Midwest United States.
Our dedicated team continuously evaluates the market landscape to identify compelling investment opportunities that align with our rigorous investment criteria.
At Centurion Property Group, we differentiate ourselves through our meticulous approach, thorough analysis, and discerning decision-making process. Our commitment to excellence is reflected in our hands-on daily operations, allowing us to achieve operational superiority and, consequently, deliver consistent and above-market returns to our capital partners and investors.
Our Differentiators
Focused Specialists
We exclusively acquire and specialize in the student housing real estate asset class. This has allowed us to develop vast operational expertise and deep industry relationships.
Total Alignment
We co-invest alongside our investors in every property we acquire. Our capital structure is built with our investors’ best interest in mind.
Nimble & Agile
Vertically Integrated
How We Create Value
Acquisitions
- Strategic Relationships: Our established rapport with leading brokerage firms provides us with unparalleled access to top-tier deal flow.
- Diligent Market Selection: We meticulously evaluate potential acquisitions, focusing solely on public universities within our target markets that offer both immediate and long-term growth potential.
- Opportunistic Approach: As opportunistic buyers, we seek out cash-flowing properties priced below replacement cost and boasting above-market capitalization rates, ensuring favorable investment opportunities.
- Conservative Financing: We adopt a conservative and prudent approach to financing acquisitions, minimizing overall investment risk through carefully structured financing arrangements.
Capital Improvements
- Selective Capex Scope: Our capex strategy prioritizes investments in deferred maintenance items or projects that yield immediate improvements to net operating income (NOI).
- Return on Investment: We aim to generate a return on investment (ROI) for all improvements significantly exceeding market cap rates and initial project yield on cost.
- Direct Vendor Negotiations: We negotiate all contracts and scopes directly with vendors, leaving nothing to third parties and ensuring precise execution of our improvement initiatives.
- Strategic Renovation Scheduling: Renovations are strategically scheduled during summer months to minimize disruption, leveraging lower on-site foot traffic.
Operational
- Efficiency Optimization: We identify and capitalize on managerial inefficiencies of prior owners, immediately enhancing asset value upon acquisition.
- In-House Expertise: Our vertically integrated structure allows us to oversee leasing, marketing, and operational matters in real time, ensuring optimal performance and efficiency.
- Preventative Maintenance: Our in-house Construction Project Manager implements and oversees thorough preventative maintenance programs at all properties, generating savings and increased resident satisfaction.
- Financial Oversight: We maintain full control over expenditures through weekly cash flow meetings with property management, enabling precise allocation of resources.
Disposition
- Strategic Timing: We strategically time refinances and sales between June and October to maximize proceeds.
- Conservative Exit Assumptions: All exits are underwritten at above-market cap rates, reflecting our conservative approach and ensuring favorable outcomes.
- Flexible Business Plans: Our business plans accommodate multiple hold periods, ensuring we are never pressured into forced sales.
- Broker Collaboration: We engage top industry brokers and maintain regular communication throughout the sales process, leveraging multiple opinions of value to optimize outcomes.
Property Management
Vertically Integrated
- Full Project Control: End-to-end decision-making authority from property acquisition through disposition.
- Operational Oversight: Direct management of leasing, marketing, and customer service functions.
- Resource Management: Complete control over renovation planning, staffing decisions, and cash flow allocations.
Investment Excellence
- Early Involvement: Direct participation in underwriting, analysis, and due diligence from acquisition start.
- Aligned Interests: Complete stakeholder alignment focused on NOl growth and valuation growth.
- Strategic Planning: Close collaboration with Asset Management on business execution.
Operational Efficiency
- Swift Execution: Streamlined decision-making through reduced corporate hierarchy.
- Centralized Support: In-house corporate leasing team for enhanced property support.
- Focused Portfolio: Exclusive management of CPG properties for specialized expertise.
Technology Focused
- Property Management: Entrata and Leonardo 247 for comprehensive property oversight.
- Resident Experience: Opinion, Elise Al, and Residesk for enhanced customer service.
- Business Operations: Zoho, BOOM, and Flex for streamlined workflow management.
