CSR News and Press, Centerspace Com From 05/01/23

2023-05-01 17:37:07 ET Centerspace press release ( NYSE: CSR ): Q1 FFO of $1.07 in-line. Revenue of $67.9M (+12.6% Y/Y) beats by $0.12M . Same-store revenues increased by 10.5% for the first quarter of 2023 compared to the first quarter of 2022, driving an 11.0% in...

Centerspace Reports First Quarter 2023 Financial Results and Affirms 2023 Core FFO Guidance PR Newswire MINNEAPOLIS , May 1, 2023 /PRNewswire/ -- Centerspace (NYSE: CSR) announced today its financial and operating results for the three months ended March 31,...

CENTERSPACE ANNOUNCES DATES FOR THE EARNINGS RELEASE AND CONFERENCE CALL FOR THE FIRST QUARTER OF 2023 PR Newswire MINNEAPOLIS , April 12, 2023 /PRNewswire/ -- Centerspace (NYSE: CSR) announces that it will release its operating results for the quarter ended...

CENTERSPACE ANNOUNCES CEO TRANSITION OF MARK DECKER, JR. TO ANNE OLSON PR Newswire MINNEAPOLIS , March 23, 2023 /PRNewswire/ -- Centerspace, Inc.  (NYSE:CSR) announced today the transition of Mark Decker, Jr. , the Company's President and CEO since 2017....

2023-03-19 09:00:00 ET Summary U.S. equity markets oscillated forcefully while interest rates plunged this week as contagion from a pair of mid-sized bank collapses spread to other lenders while authorities scrambled to contain the fallout. On brand with the "March Madness" theme ...

CENTERSPACE ANNOUNCES SALE OF NINE COMMUNITIES IN MINNESOTA AND NEBRASKA PR Newswire MINNEAPOLIS , March 16, 2023 /PRNewswire/ -- Centerspace announced the sale of nine communities located in Minnesota and Nebraska for an aggregate sales price of $144.3...

Summary Centerspace owns a portfolio of multifamily apartment communities, located primarily in the Midwestern and Mountain regions of the U.S. The company ended 2022 with occupancy gains, strong same-store performance, and earnings growth. But a higher debt load and an elevated deg...

Summary U.S. equity markets posted their worst week of the year as benchmark interest rates jumped to three-month highs on data showing a surprising reacceleration in inflation and economic activity in January. Declining for a third straight week - a skid that follows a stretch of four-...

Summary Apartment REITs were the second-worst-performing property sector in 2022 - barely outperforming the troubled office sector - despite delivering a record year of operating performance highlighted by 20% FFO growth. Following two years of historic rent growth, there is little doub...

Centerspace (CSR) Q4 2022 Earnings Conference Call February 22, 2023 10:00 AM ET Company Participants Joe McComish - VP, Finance Mark Decker - CEO Anne Olson - COO Bhairav Patel - CFO Conference Call Participants Brad Heffern - RBC Capital Markets J...