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.
Snapshot
Reported FFO / Core FFO / leverage are from the Q1 2026 earnings release (filed 2026-05-08) — 8-K, EX-99.1.
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.
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 | $113.23M | $180.67M | $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
| Ex-date | Record | Payment | Declared | Amount | Freq. |
|---|---|---|---|---|---|
| 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 |
| 2020-09-29 | 2020-09-30 | 2020-10-09 | 2020-09-04 | $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).
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.