Welcome to our dedicated page for Centerspace news (Ticker: CSR), a resource for investors and traders seeking the latest updates and insights on Centerspace stock.
Centerspace (NYSE: CSR) is a real estate investment trust (REIT) focused on owning and operating apartment communities, and its news flow reflects both operating performance and portfolio activity. This page aggregates news releases and updates related to Centerspace’s multifamily portfolio, financial results, ESG reporting, and strategic decisions.
Company news frequently covers quarterly financial and operating results, where Centerspace reports metrics such as Net Income or Net Loss per diluted share, Funds from Operations (FFO), Core FFO, Net Operating Income (NOI), same-store revenues and expenses, occupancy, lease rate growth, and resident retention. Earnings releases are often accompanied by details on conference calls and webcasts for investors.
Another recurring theme in Centerspace’s news is portfolio transactions. The company has announced acquisitions of apartment communities in markets such as Salt Lake City, Utah and Loveland, Colorado, as well as dispositions like the sale of five communities in the St. Cloud, Minnesota market, which marked its exit from that market. These updates provide insight into the company’s ongoing portfolio repositioning and capital allocation decisions.
Centerspace also issues news about its dividend distributions, with its Board of Trustees declaring regular quarterly distributions to common shareholders and unitholders. In addition, the company publishes announcements on its Environmental, Social, and Governance (ESG) efforts, including annual ESG reports, a Task Force on Climate Related Financial Disclosures (TCFD) report, and progress toward ESG goals.
Strategic developments, such as the Board of Trustees’ review of strategic alternatives, are also communicated through news releases. Investors and observers can use this news page to follow Centerspace’s reported financial performance, portfolio changes, ESG initiatives, dividend declarations, and strategic reviews over time.
Centerspace (NYSE: CSR) disclosed the 2025 tax treatment (Form 1099-DIV) for cash distributions on its common shares. Total cash distributions for calendar year 2025 amounted to $3.251287 per share across five payments (record/payable dates from 12/30/24–12/30/25). Of the total, $0.990004 per share is reported as Box 1a ordinary taxable dividend, $0.000000 as Box 1b qualified dividend, and $2.261283 per share as Box 2a long-term capital gain. A $1.145238 per share nondividend distribution (return of capital) is shown. Cash distributions paid on 1/12/26 with record date 12/30/25 are treated as received 12/31/25 to the extent of 2025 earnings and profits.
Centerspace (NYSE: CSR) announced a regular quarterly distribution of $0.77 per share/unit, declared by the Board of Trustees on December 1, 2025. The dividend is payable on January 12, 2026 to holders of record at the close of business on December 30, 2025.
Centerspace owns 61 apartment communities totaling 12,262 homes across Colorado, Minnesota, Montana, Nebraska, North Dakota, South Dakota, and Utah. The company noted it was named a top workplace for the sixth consecutive year in 2025.
Centerspace (NYSE: CSR) confirmed on November 11, 2025 that its Board of Trustees began a review of strategic alternatives earlier this fall.
With independent financial and legal advisors, the Board is considering options including a sale, merger, other business combinations, or continuing its independent strategy. No timetable or decisions have been set and there is no assurance the review will result in a transaction. BMO Capital Markets is serving as financial advisor and Wachtell, Lipton, Rosen & Katz is serving as legal counsel.
Company facts: Centerspace owns 68 apartment communities (12,941 homes) across seven states.
Centerspace (NYSE: CSR) reported Q3 2025 results and updated 2025 outlook on November 3, 2025. Revenue rose 9.8% to $71.4M and same-store revenues increased 2.4%, driving same-store NOI +4.5% year-over-year. Net income was $3.19 per diluted share versus a loss of $(0.40) a year earlier. Q3 FFO diluted was $1.19; Core FFO diluted was $1.19. The company acquired Railway Flats (420 homes) for $132.2M (including $76.5M mortgage assumption), sold five communities for $124.0M, repurchased 62,973 shares for $3.5M, and ended Q3 with $200.4M liquidity. Management narrowed and lowered full-year net income per share to $1.97–$2.19.
Centerspace (NYSE: CSR) will release operating results for the quarter ended September 30, 2025 after market close on Monday, November 3, 2025. Management will host a conference call to discuss results on Tuesday, November 4, 2025 at 10:00 a.m. Eastern Time, accessible via live webcast and dial-in (Access Code: 885094).
A replay will be available through Tuesday, November 11, 2025, 11:59 PM EST (Replay Access Code: 272530). Centerspace owns 68 apartment communities totaling 12,941 homes across seven states and was named a top workplace for the sixth consecutive year in 2025.
Centerspace (NYSE: CSR) has completed the sale of five communities in St. Cloud, MN for $124.0 million, comprising 832 homes. This transaction marks CSR's complete exit from the St. Cloud market, while a planned disposition of seven Minneapolis communities is expected to close in Q4 2025.
The sale is part of a broader portfolio repositioning strategy announced in June 2025. The proceeds will be used for debt reduction and general corporate purposes. CEO Anne Olson indicated that following recent acquisitions in Salt Lake City and Fort Collins, the company is considering various capital allocation options, including deleveraging, value-add investments, share buybacks, and dividends.
Centerspace (NYSE: CSR), a real estate company specializing in apartment communities, has declared a quarterly dividend of $0.77 per share/unit. The dividend will be paid on October 10, 2025, to shareholders of record as of September 29, 2025.
The company, founded in 1970, currently owns and operates 73 apartment communities with 13,773 homes across seven states including Colorado, Minnesota, Montana, Nebraska, North Dakota, South Dakota, and Utah. Notably, Centerspace has been recognized as a top workplace by the Minneapolis Star Tribune for six consecutive years through 2025.
Centerspace (NYSE: CSR), a multifamily property owner and operator, has published its 2024 Environmental, Social, and Governance (ESG) Report along with its first Task Force on Climate Related Financial Disclosures (TCFD) report. The company achieved notable milestones including meeting four of five ESG goals two years ahead of schedule and improving its GRESB score from 63 to 70.
The report aligns with GRI's 2024 Universal Standards and Topic Standards and the United Nations Sustainable Development Goals. Centerspace, which owns 73 apartment communities with 13,773 homes across seven states, demonstrates its commitment to sustainable business practices and climate risk mitigation through improved disclosures and operational initiatives.
Centerspace (NYSE: CSR), an apartment community owner and operator, reported mixed Q2 2025 financial results. The company posted a net loss of $0.87 per diluted share, wider than the $0.19 loss in Q2 2024, while Core FFO increased 0.8% to $1.28 per share.
Key operational highlights include a 2.7% increase in same-store revenues and a 2.9% rise in same-store NOI. The company maintained strong occupancy at 96.1% with a 2.4% blended lease rate growth. Centerspace expanded its portfolio by acquiring Sugarmont in Salt Lake City for $149.0 million and Railway Flats in Loveland, CO for $132.2 million.
The company updated its 2025 outlook, projecting Core FFO per share of $4.88-$5.00 and same-store NOI growth of 2.50%-3.50%, reflecting improved operational expectations.
Centerspace (NYSE: CSR), a prominent apartment community owner and operator, has scheduled its Q2 2025 earnings release for Monday, August 4, 2025, after market close. The company will host a conference call to discuss results on Tuesday, August 5, 2025, at 10:00 a.m. Eastern Time.
Centerspace currently owns 72 apartment communities with 13,353 homes across seven states: Colorado, Minnesota, Montana, Nebraska, North Dakota, South Dakota, and Utah. The company, founded in 1970, has been recognized as a top workplace by the Minneapolis Star Tribune for six consecutive years through 2025.
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