Real Estate has been a significant practice area for Principals of CENTENNIAL CORPORATION and Affiliates for over 30 years. The Principals have worked extensively in the areas of, acquisition, development, construction, property management and debt structuring for properties through out the Western United States.

CENTENNIAL CORPORATION - THE REAL ESTATE PROFESSIONAL PRACTICE

CENTENNIAL CORPORATION and Affiliates have worked within real estate development community for more than three decades and have guided some of regions’  largest and successful real estate ventures that when completed totaled over several billion dollars. The Principals have participated in several billion dollars of debt and equity financing for developers and property owners over the last 30 years, and have been equity partners in a significant number of real estate investments. The Principals have worked in both large and small real estate projects, from single family housing to master planned communities, industrial complexes, and large retail venues.

Management Transactions

• Transactional services includes sourcing debt, equity for both structured
recapitalizations of real estate projects or portfolios; as well placement of financing for new development opportunities with industry partners.
• Arranging joint ventures on behalf of clients in our Private Equities Group with financial or industry partners.
• Acquisition and disposition of properties, portfolios, in accordance to the goals set forth by our financial institutional clients.
• Assist in the strategic interim management of REO and the ultimate disposition of said assets in compliance with regulatory demands.
• The Principals are major investors of their own capital in a variety of real estate ventures with current and former clients through their affiliate Centennial Corporation Private Equities Group. 

Current Trends and Client Services

With the current crisis within the financial lending institutions due to the problems associated with the sub-prime lending markets, Centennial Corporation affiliate REALTY SPECIAL ASSET SOLUTIONS LLC (RSAS) is consulting with banks large and small on the resolving the negative impacts from their Special Asset / REO portfolios.  Literally billions of dollars of real estate development loans will be foreclosed upon by lending institutions who will need to face the many problems created in the entitlement process of those properties which collateralize the loans.  RSAS specializes in solving entitlement issues and marketing strategies for Special Asset/REO properties facing maximum scrutiny by federal regulators.  Such scrutiny brings with it loss of value by forced write down of the loan, loss of earnings past and present from classification as a Special Asset.  All of which is mandated by certain regulatory practices of FASB 114 and accounting principles of GAAP.