Understanding the December NAV Update

Recorded December 2, 2025, this webinar features Greg Romundt, Founder and Executive Chair providing an explanation of the factors behind the 4.78% NAV decline for the Centurion Apartment REIT effective December 1, 2025.Greg outlines how NAV is determined, the impact of rising cap rates and valuation inflators, and the differences between valuation assumptions and Centurion’s operating performance. He also offers perspective on current market conditions, regional rental trends, and the continued strength of the student housing portfolio. This discussion helps clarify why the NAV adjustment occurred, what it means for investors, and how Centurion is positioned, as fundamentals continue to strengthen heading into 2026.