Thanks for the feedback. I have the e-copy of the service manual I downloaded here, which included some additional steps for removing the camshaft sprockets and putting them back in on the chain install. That isn't necessary for a valve adjustment, is it? The thought crossed my mind that the chain may be stretched, but in taking up all the slack I can (tensioner removed), I can just barely get both camshafts installed and moved around until their marks line up, which is I assume around proper tension during this step (correct me if I'm wrong here).
To try a different strategy, I installed the tensioner to where the bolts are just barely in, so that it can just slide back and forth. While at the same time putting one hand on the camshafts to hold them in place, and holding the rotor in alignment with my socket wrench, I slid the tensioner back in and was able to take up additional slack without moving everything out of sync. I then bolted the tensioner in all the way (locked position) and rechecked to see that the lines were still in sync, check. However, when putting a great amount of pressure on the chain with my hand and turning the crank, the exhaust cam seemed to get caught in place as soon as the lobes made contact with the lifters, causing the chain to skip teeth on this cam. I'm assuming you don't have to be the Hulk to hold this chain in place, so I'm thinking the lifter may have just been stuck somehow. By that point it was 2am and I needed sleep.
I may end up just taking it to a different (qualified) shop to finish this step, however I'll check the lifters and try a few more times first. Hopefully this feedback may help someone else mindboggled by this step in the process.