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Centerspace CSR Multifamily — Repairs and maintenance
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Where this comes from
Reported directly by Centerspace in its filing.
Tagged under the XBRL concept us-gaap:CostOfPropertyRepairsAndMaintenance.
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 |
|---|---|---|---|
| Revenue | $64,156 | $913 | $65,069 |
| Property operating expenses | |||
| On-site compensation(1) | 6,418 | — | 6,418 |
| 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 |
Item 1. Financial Statements - First Quarter - 2026
FAQ
- What is Centerspace's multifamily — repairs and maintenance?
- Centerspace (CSR) reported multifamily — repairs and maintenance of $2.99M in Q1 2026.
- How has Centerspace's multifamily — repairs and maintenance changed year-over-year?
- Centerspace's multifamily — repairs and maintenance increased by 9.5% year-over-year, from $2.73M to $2.99M.
- What is the long-term trend for Centerspace's multifamily — repairs and maintenance?
- Over 3 years (2022 to 2025), Centerspace's multifamily — repairs and maintenance has grown at a -1.8% compound annual growth rate (CAGR), from $14.3M to $13.55M.
- What does multifamily — repairs and maintenance mean?
- This represents the recurring expenditures required to keep apartment units and common areas in good working order and to preserve the physical asset value. It includes routine upkeep, unit turnover costs, and minor repairs. Effective management of these costs is essential for maintaining tenant retention and long-term property quality.
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