Centennial

In February 2022, GoodLife Housing Partners purchased The Centennial Apartments, a well-located multifamily apartment community in Dallas. GLHP feels very confident in delivering exceptional returns due to previous ownership’s conservative business strategy driven by fears of low occupancy during COVID‐19, rental rate upside has not been maximized despite the strong rent growth in the local market. GLHP is excited to start the renovation program with an expected ~20% increase in NOI once completed. Further NOI can be generated by continuing the existing renovation scope for the remaining units, adding a smart home technology package to all units, washer dryers to select units, and developing additional exterior community amenities.