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), a real estate investment trust specializing in apartment communities, provides this dedicated news hub for stakeholders seeking timely updates on its operations. Track official announcements covering property acquisitions, redevelopment initiatives, financial performance, and community-focused strategies that shape its residential portfolio.
This resource consolidates Centerspace's latest developments, offering investors and analysts a clear view of its market position in the multi-family housing sector. Users will find press releases related to earnings reports, property management innovations, and strategic growth efforts across midwestern markets and beyond.
Discover updates on Centerspace's resident-centric approach, including sustainability practices and operational enhancements that maintain its reputation for quality living spaces. The curated news flow supports informed decision-making while reflecting the company's commitment to transparent communication.
Bookmark this page to stay current with Centerspace's evolving role in the REIT sector, where integrated property management and value-driven redevelopment remain central to its success.
Centerspace (NYSE: CSR) announced a quarterly dividend of $0.75 per share for common shareholders, payable on July 10, 2024, to those on record as of June 28, 2024. Additionally, the Board declared a distribution of $0.4140625 per share for its 6.625% Series C Cumulative Redeemable Preferred Shares (NYSE: CSR PRC), payable on June 28, 2024, to holders on record as of June 14, 2024. Series C distributions are cumulative and paid quarterly at an annual rate of $1.65625 per share. Centerspace owns 70 apartment communities across 6 states and emphasizes integrity and service. The company was recognized for diversity, equity, and inclusion in 2022.
Centerspace reported its first-quarter 2024 financial results, with a decrease in net loss and an increase in Core FFO per diluted share. The company successfully sold non-core assets, repurchased common shares, and revised its 2024 financial outlook, raising the mid-point for Core FFO per share. Centerspace also announced participation in upcoming conferences.
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