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Centerspace CSR Multifamily — Insurance
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Where this comes from
Reported directly by Centerspace in its filing.
Tagged under the XBRL concept us-gaap:GeneralInsuranceExpense.
The source filing: Centerspace’s 10-Q, filed May 4, 2026.
- Filed
- May 4, 2026, 4:16 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0000798359-26-000038
| Three Months Ended March 31, 2026 | Multifamily | All Other | Total |
|---|---|---|---|
| Repairs and maintenance(2) | 2,991 | 31 | 3,022 |
| Utilities | 4,465 | 37 | 4,502 |
| Administrative and marketing | 1,837 | — | 1,837 |
| Insurance | 2,446 | 17 | 2,463 |
| Real estate taxes | 7,139 | 193 | 7,332 |
| Net operating income | $38,860 | $635 | $39,495 |
| Property management expense | (2,379) | ||
| Casualty loss, net of recoveries | 21 |
Item 1. Financial Statements - First Quarter - 2026
FAQ
- What is Centerspace's multifamily — insurance?
- Centerspace (CSR) reported multifamily — insurance of $2.45M in Q1 2026.
- How has Centerspace's multifamily — insurance changed year-over-year?
- Centerspace's multifamily — insurance increased by 10.4% year-over-year, from $2.22M to $2.45M.
- What is the long-term trend for Centerspace's multifamily — insurance?
- Over 3 years (2022 to 2025), Centerspace's multifamily — insurance has grown at a 5.4% compound annual growth rate (CAGR), from $8.01M to $9.36M.
- What does multifamily — insurance mean?
- This represents the premiums paid for property and liability insurance coverage for the multifamily portfolio. It is a necessary expense to mitigate financial risk associated with physical damage, natural disasters, or legal claims. Changes in this metric often reflect broader market trends in insurance pricing and risk assessment.
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