Centerspace REIT

Centerspace engages in the ownership, management, acquisition, redevelopment, and development of apartment communities. It focuses on making operational enhancements to improve residents experience, redeveloping existing apartment communities to meet market demands and acquiring new apartment communities in the Minneapolis/St. Paul and Denver metropolitan areas. The company was founded on July 31, 1970 and is headquartered in Minot, ND.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Centerspace REIT (CSR) reports robust Q4 performance and eyes growth opportunities

Centerspace REIT's Q4 2022 performance showcased resilience amidst industry headwinds, with strong financial metrics and strategic capital deployment. The company's focus on stabilizing utility expenses and exploring growth opportunities positions it well for future success.

Centerspace REIT (CSR) reports strong Q1 earnings, focuses on debt management and strategic growth

Centerspace REIT (CSR) showcased robust financial performance in Q1 2023, marked by strong revenue and NOI growth. While challenges in debt management and portfolio redevelopment exist, the company's effective cost control measures and revenue strategies position it well for future growth and value creation.

Centerspace REIT (CSR) reports robust Q2 performance and raises guidance

Centerspace REIT (CSR) delivered a strong Q2 performance with notable Core FFO growth and increased guidance for the year. The company's robust balance sheet, low leverage, and positive outlook for 2023 underscore its resilience and strategic focus amidst market dynamics.

Centerspace REIT (CSR) reports robust Q3 performance and eyes growth opportunities

Centerspace REIT (CSR) delivered strong financial results in Q3 2023, with revenue and core FFO showing significant year-over-year growth.
Despite challenges in rising expenses, the company's strategic focus on acquisitions, sales, and portfolio enhancement positions it well for future success.
With increased guidance for 2023 and a focus on improving market exposure, Centerspace REIT (CSR) is poised for continued growth and value creation.

Centerspace REIT reports solid 2023 performance amidst 2024 growth challenges

Centerspace REIT (CSR) delivered strong financial performance in 2023, marked by core FFO growth and operational stability, supported by strategic portfolio actions.
While facing challenges in achieving targeted core FFO growth in 2024, the company's focus on expense management and revenue optimization presents opportunities for future growth.
Investors can benefit from Centerspace's consistent dividend increases, share buybacks, and proactive approach to portfolio management, signaling a commitment to long-term value creation.

Centerspace REIT (CSR) reports solid Q1 performance and eyes growth opportunities

Centerspace REIT (CSR) delivered a strong performance in Q1 2024, with positive lease-over-lease growth and solid earnings driven by expense management.
While facing challenges in revenue guidance and acquisition competition, the company maintains a flexible balance sheet and focuses on value-add programs.
Opportunities lie in higher lease pricing, stable financing, and strategic capital allocation decisions to drive future growth and financial strength.

Centerspace REIT reports robust Q3 earnings, eyes growth opportunities

Centerspace REIT (CSR) demonstrated strong financial performance in Q3 2024, with a positive outlook for future earnings.
While challenges like market rent softening and Denver market specifics were discussed, opportunities in lease renewals and revenue optimization were highlighted.
The company's strategic acquisitions and financial discipline position it well for continued growth and value creation.

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Centerspace is a real estate investment trust, which engages in the business of owning, managing, acquiring, developing, and redeveloping apartment communities. It operates under the Multifamily and All Other segments. The All Other segment includes non-multifamily properties and non-multifamily components of mixed-use properties. The company was founded on July 31, 1970 and is headquartered in Minot, ND.

Investors Real Estate Trust (IRET) CEO Mark Decker on Q2 2019 Results - Earnings Call Transcript

Investors Real Estate Trust (IRET) CEO Mark Decker on Q1 2019 Results - Earnings Call Transcript

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