Centerspace Inc. (WXC1)
XMUN 
Summary
WXC1 Chart
Centerspace Q2 Earnings Call Highlights
Centerspace NYSE: CSR said its second-quarter operating results were in line with expectations as the apartment real estate investment trust continued a portfolio repositioning and deleveraging program that has included sales or pending sales of 20 communities over the past 14 months.
Centerspace (CSR) Q2 2026 Earnings Call Transcript
Centerspace (CSR) Q2 2026 Earnings Call Transcript
Centerspace (CSR) Q2 FFO Beat Estimates
Centerspace (CSR) came out with quarterly funds from operations (FFO) of $1.27 per share, beating the Zacks Consensus Estimate of $1.22 per share. This compares to FFO of $1.28 per share a year ago.
Centerspace Inc. (WXC1) FAQ
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Centerspace Inc. Profile
| Capital Markets Industry | Financials Sector | Anne Olson CEO | XMUN Exchange | US15202L1070 ISIN |
| US Country | 342 Employees | 29 Sep 2026 Last Dividend | 28 Dec 2018 Last Split | 17 Oct 1997 IPO Date |
Overview
Centerspace specializes in owning and operating apartment communities, dedicated to offering exceptional homes through a foundation of integrity and a service-first approach. Established in 1970, the company has grown substantially, marking its presence across several states. As of September 30, 2023, Centerspace boasts ownership interests in 71 apartment communities, encompassing a total of 12,785 apartment homes. These properties are strategically located across Colorado, Minnesota, Montana, Nebraska, North Dakota, and South Dakota. The company's commitment to excellence and community service has earned it the distinction of being named a Top Workplace for the fourth consecutive year in 2023 by the Minneapolis Star Tribune, highlighting its dedication to creating a positive work environment and its significant impact on the regions it serves.
Products and Services
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Apartment Communities:
Centerspace's core offering consists of well-maintained and strategically located apartment communities. These properties are spread across six states, offering residents a range of living options from urban apartments to more spacious suburban settings. Each community is designed to meet the unique needs of its residents, providing them with a comfortable and enjoyable living environment.
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Property Management:
Beyond ownership, Centerspace takes an active role in the management of its apartment communities. This includes everything from routine maintenance and repairs to the implementation of community-wide initiatives designed to enhance the living experience for all residents. By prioritizing integrity and a commitment to serving others, Centerspace ensures that its properties are not just places to live, but homes that foster a sense of community and well-being.
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Community Engagement:
Recognizing the importance of community, Centerspace actively engages with the neighborhoods surrounding its properties. This may involve sponsoring local events, supporting community projects, or participating in initiatives aimed at improving the overall quality of life for both residents and the wider community. Through these efforts, Centerspace goes beyond the role of a property owner and operator, becoming a valued and trusted community partner.
