D/B/A Centerspace Common Stock (CSR)
Frequently Asked Questions About D/B/A Centerspace Common Stock (CSR)
How does Centerspace engage with its communities?
Centerspace engages with its communities through various outreach initiatives, including resident events, partnerships with local organizations, and involvement in community service projects. This engagement fosters a sense of belonging and enhances the living experience.
How does Centerspace generate revenue?
Centerspace generates revenue primarily through rental income from its multifamily properties. The company typically leases apartments to residents, creating a steady cash flow that underpins its financial performance.
How does Centerspace maintain its properties?
Centerspace employs a proactive management approach to maintain its properties. The company conducts regular maintenance, implements upgrades, and engages with residents to ensure satisfaction and uphold property values.
How does Centerspace measure its performance?
Centerspace measures its performance through key performance indicators such as occupancy rates, rental income growth, and net operating income. These metrics help assess the efficiency and effectiveness of the company's property management.
How has the COVID-19 pandemic affected Centerspace?
The COVID-19 pandemic presented challenges for Centerspace, affecting leasing activity and resident turnover. However, the company's focus on resident engagement and operational efficiency helped it navigate through these challenges successfully.
Is Centerspace publicly traded?
Yes, Centerspace is publicly traded on the New York Stock Exchange under the ticker symbol CSR. Investors can buy and sell shares of the company on the open market.
What are some recent acquisitions by Centerspace?
Centerspace has actively pursued acquisitions to expand its portfolio. Recent acquisitions include properties in strategically located markets that align with the company’s growth strategy and demographic targeting.
What does Centerspace do?
Centerspace is a real estate investment trust (REIT) that focuses on the acquisition, development, and management of multifamily residential properties. The company aims to enhance its portfolio by providing quality housing in attractive markets, focusing on customer satisfaction and community engagement.
What is Centerspace's dividend policy?
Centerspace has a commitment to returning value to shareholders through dividends. The company aims to maintain a competitive dividend payout that reflects its earnings and sustainable financial performance.
What is Centerspace's mission statement?
Centerspace's mission is to create quality living experiences that inspire and foster community. The company strives to enhance the value of its properties while maintaining high standards of service and resident satisfaction.
What is the company's growth strategy?
Centerspace's growth strategy involves a disciplined approach to acquiring and developing high-quality multifamily properties in targeted markets. The company focuses on enhancing its portfolio's value while maximizing returns for shareholders.
What is the stock symbol for Centerspace?
The stock symbol for Centerspace is CSR, and it trades on the New York Stock Exchange (NYSE). Investors can purchase shares under this symbol as part of their investment strategy.
What markets does Centerspace operate in?
Centerspace operates primarily in the Midwest region of the United States. The company focuses on markets with strong job growth and housing demand, including states like North Dakota, Minnesota, and other neighboring areas.
What risks does Centerspace face?
Centerspace faces various risks, including market volatility, changes in interest rates, economic downturns, and competition in the real estate sector. Managing these risks is crucial to maintain its portfolio's performance and shareholder value.
What sustainability initiatives does Centerspace have?
Centerspace is committed to sustainability and environmental stewardship. The company incorporates energy-efficient technologies, waste reduction programs, and green building practices in its property management and development efforts.
What types of properties does Centerspace own?
Centerspace primarily invests in multifamily residential properties, including apartments and housing communities. Their portfolio includes a diverse range of properties designed to cater to various demographics and living preferences.
When was Centerspace founded?
Centerspace was founded in 2014, emerging from a strategic transition to focus on multifamily housing properties. The company has since grown its portfolio through acquisitions and development of high-quality living communities.
Where is Centerspace headquartered?
Centerspace is headquartered in Minneapolis, Minnesota. This central location helps the company to effectively manage its properties and operations across multiple states in the Midwest and surrounding regions.
Who are Centerspace's major competitors?
Centerspace faces competition from other real estate investment trusts (REITs) and property management companies that focus on multifamily housing. Key competitors may include both national and regional firms operating in similar markets.
What is the current price of D/B/A Centerspace Common Stock?
The current price of D/B/A Centerspace Common Stock is 61.09
When was D/B/A Centerspace Common Stock last traded?
The last trade of D/B/A Centerspace Common Stock was at 5:00 pm EDT on July 3rd, 2025
What is the market capitalization of D/B/A Centerspace Common Stock?
The market capitalization of D/B/A Centerspace Common Stock is 1.02B
How many shares of D/B/A Centerspace Common Stock are outstanding?
D/B/A Centerspace Common Stock has 16.70M shares outstanding.