IRET News and Press, Investors Real Estate Trust Shares of Beneficial Interest

2024-07-07 09:00:00 ET Summary U.S. equity markets climbed to fresh record-highs during the Independence Day week, while interest rates fell sharply after a critical slate of employment data showed evidence of cooling labor markets. Traders monitored the continued fallout from the...

2024-06-16 09:00:00 ET Summary U.S. equity markets posted a mixed performance this week, while benchmark interest rates dipped to two-month lows after a critical slate of inflation data showed an encouraging cooldown in price pressures. As expected, the Fed held rates steady at tw...

2024-05-03 07:00:00 ET Summary Blackstone's NAV REIT, BREIT, raised $66 billion from 2017 to 2022, surpassing all publicly-listed REITs in equity raised in 2022 alone. BREIT's ability to redeem shares at reported NAV distinguishes it from other non-traded REITs. Despite its st...

Centerspace Announces CFO Transition PR Newswire MINNEAPOLIS , Nov. 8, 2021 /PRNewswire/ -- Centerspace (NYSE: CSR) announced today that Bhairav Patel is joining the Company as Executive Vice President and will transition into the role of Chief Financial...

Centerspace Improves And Extends Credit Line; Repays Bank Loans PR Newswire MINNEAPOLIS , Sept. 30, 2021 /PRNewswire/ -- Centerspace (NYSE: CSR) announced today that it has amended and extended its existing $250 million revolving credit facility. Th...

Centerspace To Acquire $324 Million Strategic Minnesota Portfolio PR Newswire MINNEAPOLIS , June 3, 2021 /PRNewswire/ -- Centerspace (NYSE: CSR) has entered into Contribution Agreements with entities managed by KMS Management, Inc. ("KMS"), to acquire a port...

Centerspace Reports Strong First Quarter 2021 Financial Results PR Newswire MINNEAPOLIS , May 3, 2021 /PRNewswire/ -- Centerspace (NYSE: CSR) announced today its financial and operating results for the quarter ended March 31, 2021. The tables below show...

IRET's share price has nearly fully recovered since the start of the year, and occupancy has remained strong. However, some near-term headwinds remain, and the balance sheet is more leveraged than what I'd prefer to see. I see the valuation as being rather stretched at the moment,...

Investors in REITs need to consider their alternatives. To make it easier, we’re adding an index of charts for several metrics. Many investors believe that demanding a high-return, often through dividend yield is enough to get it. They can demand until they are blue in the face...

IRET is Now Centerspace MINNEAPOLIS , Dec. 9, 2020 /PRNewswire/ -- NYSE: IRET. IRET, a real estate company focused on the ownership, management, acquisition, and development of apartment communities announces that it is now Centerspace. The name and new brand platfo...