About Us

Centennial Holding Company has provided consistently superior investor returns.

We do it through a proven strategy focused on capital preservation and steady, sustainable growth. Leveraging the deep relationships and “reputation capital” forged by our team in the multifamily industry over the years, we attribute our success to three simple factors:

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Conservative Acquisition Strategy

We take a methodical approach to sourcing low-risk, Class A assets in high-growth areas of the Southeast, Southwest and Mid-Atlantic, from the Florida shores to Washington D.C. to the stretches of central Texas.

  • Our typical transaction involves contemporary, upscale communities (garden and mid-rise) with more than 125 units, located in growth areas near employment, entertainment and recreation destinations.
  • While there is no limitation on transaction size, single-asset purchases traditionally range from $10-50 million with a 4-7 year ownership period.
  • Capitalization rates, IRR requirements and other financial considerations vary depending on real estate and capital market conditions, product type and location, perceived risk and portfolio objectives.

Property Management during Acquisitions

Unlike many of our competitors, Centennial is closely aligned with a property management partner. This partnership gives us an advantage during property acquisition and enables fluid communication into the management process.

  • First Communities Management Inc. is one of the premier property management companies in the nation, managing a portfolio of more than 32,000 units in nearly 100 communities.
  • As a third-party manager, First Communities can provide Centennial with real time data in both current and potential acquisition markets.
  • First Communities’ years of experience in Centennial’s target markets and a deep understanding of submarket drivers help spur rent growth, improve occupancy and maintain operating-expense efficiencies.

Disciplined Asset Management

Investment discipline has been a hallmark of Centennial since its inception. Our asset management services include:

  • Cash management and thorough financial reporting
  • Preparation and administration of property tax returns
  • Oversight of capital improvement projects
  • Negotiation and supervision of all service contracts
  • Preparation and review of all operating and capital budgets
  • Property tax servicing and management
  • Insurance placement and claim administration
  • Pricing oversight for unit renewals
  • Online marketing implementation and management