A Conversation with Paul Chin, CIO of Centurion Real Estate

Today, Kevin Van Dyk, BULLWEALTH’s Managing Director is joined by Paul Chin, Chief Investment Officer of Centurion Real Estate. Paul joined Centurion roughly 14 months ago following Chairman and Founder Greg Romundt’s decision to step back from day-to-day operations and focus more on the firm’s strategic direction. In their discussion, Kevin and Paul review other recent leadership changes, including the appointments of John McKinley as CEO and Carl Gomez as Chief Economist, while noting that Centurion’s core suburban and exurban multi-residential strategy remains unchanged. Paul also highlights Centurion’s vertically integrated model, spanning asset management and property management, which supports stronger net operating income, faster rental pricing decisions and greater leasing efficiency, as well as Centurion’s regional diversification outside of Canada’s major centres such as Toronto, Vancouver, and Montreal. Paul also notes that the real estate market has undergone a repricing and is likely to remain challenging over the next 12 months. We hope today’s podcast provides further insight into one of the investment strategies our clients have held for some time and that has delivered long-term outperformance.