Centerspace (NYSE: CSR) is a residential real estate investment trust that owns and operates apartment communities across the Upper Midwest United States. Revenue comes primarily from rental income collected from residents of its multifamily apartment homes. The company files as a well-known seasoned issuer under the Securities Exchange Act, as disclosed in its 10-K filed February 17, 2026 (accession 0000798359-26-000014) for the fiscal year ended December 31, 2025. Centerspace operates as a REIT, meaning it distributes the majority of taxable income to shareholders and relies on a combination of operating cash flow and debt financing to fund acquisitions and property improvements. Its geographic focus on the Upper Midwest differentiates it from coastal-market apartment REITs. The filing excerpts available do not support specific apartment community counts, unit counts, occupancy rates, or revenue figures, so those details are omitted here.

Revenue model

Rental income from residents of multifamily apartment communities, structured as a real estate investment trust (REIT) that distributes taxable income to shareholders.

Products and services

Multifamily apartment home rentals across residential communities.

Customers and end markets

Residential apartment renters in the Upper Midwest United States.

Value-chain role

Direct property owner and operator of multifamily residential real estate.

Geographic exposure

Upper Midwest United States, as indicated by the company's stated regional focus in its SEC filings.

Source: SEC 10-K, filed 2026-02-17

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