Our Strategy
Centennial targets the following situations for increased value creation:
Out of Favor Markets and Property Types – we often take a contrarian view towards investment by investing in properties and markets that are, for a variety of reasons, currently out of favor with the majority of investors.
Undercapitalized Assets – properties suffering poor performance related to the inability of an owner to source the capital required to attract and retain tenants, to provide proper maintenance and property improvement, or to service the property's debt.
Distressed and Motivated Sellers – special circumstances where owners must liquidate or recapitalize due to strategic or stress-related events, such as a liquidity crisis, loan default, bankruptcy, or litigation.
Underperforming Properties – properties that have significant vacancy, below market rents, significant tenant turnover, or a dated physical appearance.
