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Centerspace CSR Investment properties, at cost

Investment properties, at cost at other companies

UDR logo
UDRUDR
$16.11B-1.0%
Equity Residential logo
Equity ResidentialEQR
$30.44B-0.4%
AvalonBay Communities logo
AvalonBay CommunitiesAVB
$28.28B+4.4%
Mid-America Apartment Communities logo
Mid-America Apartment CommunitiesMAA
$17.58B+4.2%
Independence Realty Trust logo
Independence Realty TrustIRT
$6.7B+4.0%
InvenTrust Properties logo
InvenTrust PropertiesIVT
$3.12B+9.9%

Segments

By segment

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Multifamily$2.5B+1.5%

Other financials

Income statement

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Revenue$65.1M-3.0%
Gross profit$62.7M-3.0%
Operating income-$5.4M-214%
Net income-$15.0M-301%
EPS (diluted)-$0.77-250%

Balance sheet

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Cash & equivalents$10.3M-43.2%
Total debt$1.1B+0.7%
Total equity$695.0M+9.1%
Total assets$1.9B-0.3%

Cash flow

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Operating cash flow$21.4M-15.8%
CapEx$5.3M+5.4%
Free cash flow$16.1M-21.0%

Valuation

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Market cap$951.89M+5.8%
Enterprise value$2.01B-4.2%
P/E46.3×
P/S3.5×+0.1×

Profitability

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Gross margin96.5%0.0pp
Operating margin28.5%+21.7pp
Net margin11.1%
FCF margin22.1%-0.4pp

Returns & leverage

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Return on equity4.3%
Debt / equity1.5×-0.1×

Where this comes from

Reported directly by Centerspace in its filing.

Tagged under the XBRL concept us-gaap:RealEstateInvestmentPropertyAtCost.

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
ASSETSMarch 31, 2026 / (unaudited)December 31, 2025
Real estate investments
Property owned$2,518,162$2,524,020
Less accumulated depreciation(685,769)(660,124)
Total real estate investments1,832,3931,863,896
Cash and cash equivalents7,55512,833
Restricted cash2,7102,818
Other assets44,92846,620
TOTAL ASSETS$1,887,586$1,926,167

Item 1. Financial Statements - First Quarter - 2026

FAQ

What is Centerspace's investment properties, at cost?
Centerspace (CSR) reported investment properties, at cost of $2.52B in Q1 2026.
How has Centerspace's investment properties, at cost changed year-over-year?
Centerspace's investment properties, at cost increased by 1.4% year-over-year, from $2.48B to $2.52B.
What is the long-term trend for Centerspace's investment properties, at cost?
Over 5 years (2020 to 2025), Centerspace's investment properties, at cost has grown at a 6.8% compound annual growth rate (CAGR), from $1.81B to $2.52B.
What does investment properties, at cost mean?
This represents the total historical cost of real estate assets held by the REIT for investment purposes, including land, buildings, and improvements. It serves as a baseline measure of the company's gross capital investment in its property portfolio before accounting for accumulated depreciation. This metric is essential for assessing the scale and historical capital deployment of the company's real estate holdings.

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