Centerspace CSR
Centerspace operates as an owner and manager of residential apartment communities, founded in 1970. The organization is dedicated to delivering exceptional homes by upholding principles of integrity and service to its residents. As of the end of June 2021, Centerspace's holdings encompassed 62 distinct apartment properties, comprising 11,579 housing units situated across Colorado, Minnesota, Montana, Nebraska, North Dakota, and South Dakota. Its commitment to its employees was acknowledged when the Minneapolis Star Tribune designated it a Top Workplace for 2021. More information is available at www.centerspacehomes.com.
Business overview written from the company's own Form 10-K (Item 1), filed 2026-02-17 — refreshed whenever it files a new one. The figures above are current; see its SEC filings. ✓ From the 10-K
Plain-English: the Snapshot is the quick read — what it pays you (yield, dividend), how its cash flow looks (FFO/AFFO, Price/OCF) and how much debt it carries. Switch to Expert in the header to hide these explanations.
Snapshot
Reported FFO / Core FFO / leverage are from the Q1 2026 earnings release (filed 2026-05-08) — 8-K, EX-99.1 ✓ Verified to filing.
Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.
$10,000 invested
Illustrative income only, at today's price and latest declared dividend — it excludes price changes, dividend cuts and taxes. Not a forecast.
Model CSR yourself — any amount, shares, per-payment & a multi-year DRIP projection →
Balance sheet (latest FY: 2025)
Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.
Financial history
| FY | Revenue | Net income | D&A | EBITDA | Op. cash flow |
|---|---|---|---|---|---|
| 2025 | $353.13M | $17.59M | $114.64M | $182.09M | $98.45M |
| 2024 | $260.98M | $-10.69M | $107.65M | $130.74M | $98.25M |
| 2023 | $261.31M | $41.97M | $103.17M | $188.83M | $89.52M |
| 2022 | $256.72M | $-13.47M | $106.21M | $121.32M | $91.99M |
| 2021 | $201.71M | $611.00K | $93.11M | $123.00M | $84.03M |
| 2020 | $177.99M | $5.08M | $76.60M | $110.42M | $61.23M |
Dividends
Recent regular dividends per share (special distributions excluded), oldest → newest.
| Ex-date | Record | Payment | Declared | Amount | Freq. |
|---|---|---|---|---|---|
| 2026-09-29 | 2026-09-29 | 2026-10-14 | 2026-09-01 | $0.77 | Quarterly |
| 2026-06-29 | 2026-06-29 | 2026-07-14 | 2026-06-01 | $0.77 | Quarterly |
| 2026-03-30 | 2026-03-30 | 2026-04-14 | 2026-02-17 | $0.77 | Quarterly |
| 2025-12-30 | 2025-12-30 | 2026-01-12 | 2025-12-01 | $0.77 | Quarterly |
| 2025-09-29 | 2025-09-29 | 2025-10-10 | 2025-09-02 | $0.77 | Quarterly |
| 2025-06-27 | 2025-06-27 | 2025-07-10 | 2025-06-02 | $0.77 | Quarterly |
| 2025-03-28 | 2025-03-28 | 2025-04-08 | 2025-02-18 | $0.77 | Quarterly |
| 2024-12-30 | 2024-12-30 | 2025-01-13 | 2024-12-02 | $0.75 | Quarterly |
| 2024-09-30 | 2024-09-30 | 2024-10-10 | 2024-09-03 | $0.75 | Quarterly |
| 2024-06-28 | 2024-06-28 | 2024-07-10 | 2024-06-03 | $0.75 | Quarterly |
| 2024-03-27 | 2024-03-28 | 2024-04-08 | 2024-02-20 | $0.75 | Quarterly |
| 2023-12-28 | 2023-12-29 | 2024-01-12 | 2023-12-01 | $0.73 | Quarterly |
| 2023-09-28 | 2023-09-29 | 2023-10-10 | 2023-09-01 | $0.73 | Quarterly |
| 2023-06-29 | 2023-06-30 | 2023-07-10 | 2023-06-02 | $0.73 | Quarterly |
| 2023-03-30 | 2023-03-31 | 2023-04-10 | 2023-03-03 | $0.73 | Quarterly |
| 2022-12-29 | 2023-01-02 | 2023-01-12 | 2022-12-02 | $0.73 | Quarterly |
| 2022-09-29 | 2022-09-30 | 2022-10-11 | 2022-09-02 | $0.73 | Quarterly |
| 2022-06-29 | 2022-06-30 | 2022-07-11 | 2022-06-03 | $0.73 | Quarterly |
| 2022-03-30 | 2022-03-31 | 2022-04-11 | 2022-02-28 | $0.73 | Quarterly |
| 2021-12-31 | 2022-01-03 | 2022-01-14 | 2021-12-03 | $0.72 | Quarterly |
| 2021-09-29 | 2021-09-30 | 2021-10-11 | 2021-08-30 | $0.72 | Quarterly |
| 2021-06-29 | 2021-06-30 | 2021-07-12 | 2021-06-04 | $0.70 | Quarterly |
| 2021-03-30 | 2021-03-31 | 2021-04-12 | 2021-03-05 | $0.70 | Quarterly |
| 2020-12-31 | 2021-01-04 | 2021-01-15 | 2020-12-04 | $0.70 | Quarterly |
Coverage (payout of operating cash flow): 52.48%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).
Recent news — CSR
Are CSR, WEAV, DV Obtaining Fair Deals for their Shareholders?
Centerspace Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Centerspace - CSR
Hyundai and Hyundai Hope on Wheels Earn Two Corporate Social Responsibility Awards from Ragan Communications
Centerspace (NYSE:CSR) Stock Short Interest Rises 48.7%
Centerspace Announces Third Quarter 2026 Earnings Release Date
EXL's seventh Sustainability Report showcases continued measurable progress across CSR, emissions reductions, renewable energy and responsible AI governance
Irenic Sends Letter to Independence Realty Trust Board of Directors Opposing Proposed Acquisition of Centerspace and Urging a Sale of the Company
CSR Stock Alert: Halper Sadeh LLC is Investigating Whether Centerspace is Obtaining a Fair Price for its Shareholders
Headlines via Financial Modeling Prep; links open the original publisher in a new tab. Not an endorsement or investment advice.
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Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.