CENTERSPACE

For the period ended Feb 18, 2025. Filed Feb 18, 2025.

About this filing

A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.

Feb 18, 2025 · Filed Feb 18, 2025

CSR$57.22-2.1%Stored close · as of Nov 6, 2026

See the whole filing, with its images and exhibits

EX-99.1 · Same-Store Comparisons

SAME-STORE FOURTH QUARTER COMPARISONS

Apartment Homes Included · Revenues · Expenses · NOI (2)
Regions · Q4 2024 · Q4 2023 · % Change · Q4 2024 · Q4 2023 · % Change · Q4 2024 · Q4 2023 · % Change
Denver, CO	2,104	$13,531	$13,276	1.9%	$4,790	$4,584	4.5%	$8,741	$8,692	0.6%
Minneapolis, MN	4,711	23,305	23,029	1.2%	10,718	10,089	6.2%	12,587	12,940	(2.7)%
North Dakota	1,710	7,463	6,966	7.1%	2,986	2,653	12.6%	4,477	4,313	3.8%
Omaha, NE	872	3,787	3,597	5.3%	1,042	1,230	(15.3)%	2,745	2,367	16.0%
Rochester, MN	1,129	6,046	5,744	5.3%	2,294	2,134	7.5%	3,752	3,610	3.9%
St. Cloud, MN	832	3,629	3,461	4.9%	1,479	1,555	(4.9)%	2,150	1,906	12.8%
Other Mountain West(1)	1,222	5,366	5,157	4.1%	1,819	1,768	2.9%	3,547	3,389	4.7%
Same-Store Total	12,580	$63,127	$61,230	3.1%	$25,128	$24,013	4.6%	$37,999	$37,217	2.1%

% of NOI · Weighted Average Occupancy (3) · Average MonthlyRental Rate (3) · Average MonthlyRevenue per Occupied Home (3)
Regions · Q4 2024 · Q4 2023 · Growth · Q4 2024 · Q4 2023 · % Change · Q4 2024 · Q4 2023 · % Change
Denver, CO	23.0%	95.3%	95.3%	—%	$1,989	$1,985	0.2%	$2,249	$2,206	1.9%
Minneapolis, MN	33.1%	95.2%	95.3%	(0.1)%	1,545	1,531	0.9%	1,733	1,710	1.3%
North Dakota	11.8%	96.7%	95.5%	1.2%	1,374	1,295	6.1%	1,505	1,422	5.8%
Omaha, NE	7.2%	96.3%	94.4%	1.9%	1,369	1,324	3.4%	1,503	1,456	3.2%
Rochester, MN	9.9%	96.0%	93.6%	2.4%	1,759	1,734	1.4%	1,859	1,812	2.6%
St. Cloud, MN	5.7%	93.9%	92.2%	1.7%	1,378	1,353	1.8%	1,549	1,504	3.0%
Other Mountain West(1)	9.3%	95.7%	94.2%	1.5%	1,352	1,342	0.7%	1,530	1,493	2.5%
Same-Store Total	100.0%	95.5%	94.8%	0.7%	$1,573	$1,548	1.6%	$1,751	$1,711	2.3%

SAME-STORE SEQUENTIAL QUARTER COMPARISONS

Apartment Homes Included · Revenues · Expenses · NOI (2)
Regions · Q4 2024 · Q3 2024 · % Change · Q4 2024 · Q3 2024 · % Change · Q4 2024 · Q3 2024 · % Change
Denver, CO	2,104	$13,531	$13,415	0.9%	$4,790	$4,967	(3.6)%	$8,741	$8,448	3.5%
Minneapolis, MN	4,711	23,305	23,203	0.4%	10,718	10,510	2.0%	12,587	12,693	(0.8)%
North Dakota	1,710	7,463	7,398	0.9%	2,986	2,759	8.2%	4,477	4,639	(3.5)%
Omaha, NE	872	3,787	3,704	2.2%	1,042	1,542	(32.4)%	2,745	2,162	27.0%
Rochester, MN	1,129	6,046	6,027	0.3%	2,294	2,428	(5.5)%	3,752	3,599	4.3%
St. Cloud, MN	832	3,629	3,584	1.3%	1,479	1,542	(4.1)%	2,150	2,042	5.3%
Other Mountain West(1)	1,222	5,366	5,279	1.6%	1,819	2,077	(12.4)%	3,547	3,202	10.8%
Same-Store Total	12,580	$63,127	$62,610	0.8%	$25,128	$25,825	(2.7)%	$37,999	$36,785	3.3%

% of NOI · Weighted Average Occupancy (3) · Average MonthlyRental Rate (3) · Average MonthlyRevenue per Occupied Home (3)
Regions · Q4 2024 · Q3 2024 · Growth · Q4 2024 · Q3 2024 · % Change · Q4 2024 · Q3 2024 · % Change
Denver, CO	23.0%	95.3%	95.4%	(0.1)%	$1,989	$1,983	0.3%	$2,249	$2,228	0.9%
Minneapolis, MN	33.1%	95.2%	95.2%	—%	1,545	1,544	0.1%	1,733	1,725	0.5%
North Dakota	11.8%	96.7%	97.1%	(0.4)%	1,374	1,357	1.3%	1,505	1,485	1.3%
Omaha, NE	7.2%	96.3%	94.2%	2.2%	1,369	1,364	0.4%	1,503	1,504	(0.1)%
Rochester, MN	9.9%	96.0%	95.7%	0.3%	1,759	1,746	0.7%	1,859	1,859	—%
St. Cloud, MN	5.7%	93.9%	92.3%	1.7%	1,378	1,379	(0.1)%	1,549	1,556	(0.4)%
Other Mountain West(1)	9.3%	95.7%	95.5%	0.2%	1,352	1,357	(0.4)%	1,530	1,508	1.5%
Same-Store Total	100.0%	95.5%	95.3%	0.2%	$1,573	$1,569	0.3%	$1,751	$1,741	0.6%

SAME-STORE YEAR-TO-DATE COMPARISONS

Apartment Homes Included · Revenues · Expenses · NOI (2)
Regions · 2024 · 2023 · % Change · 2024 · 2023 · % Change · 2024 · 2023 · % Change
Denver, CO	2,104	$53,814	$52,853	1.8%	$18,969	$18,112	4.7%	$34,845	$34,741	0.3%
Minneapolis, MN	4,711	92,911	90,694	2.4%	40,689	40,093	1.5%	52,222	50,601	3.2%
North Dakota	1,710	29,119	27,155	7.2%	11,401	10,724	6.3%	17,718	16,431	7.8%
Omaha, NE	872	14,622	13,976	4.6%	5,616	5,589	0.5%	9,006	8,387	7.4%
Rochester, MN	1,129	23,952	22,932	4.4%	8,951	8,744	2.4%	15,001	14,188	5.7%
St. Cloud, MN	832	14,476	13,799	4.9%	6,098	6,172	(1.2)%	8,378	7,627	9.8%
Other Mountain West(1)	1,222	20,978	20,580	1.9%	7,641	7,351	3.9%	13,337	13,229	0.8%
Same-Store Total	12,580	$249,872	$241,989	3.3%	$99,365	$96,785	2.7%	$150,507	$145,204	3.7%

% of NOI · Weighted Average Occupancy (3) · Average MonthlyRental Rate (3) · Average MonthlyRevenue per Occupied Home (3)
Regions · 2024 · 2023 · Growth · 2024 · 2023 · % Change · 2024 · 2023 · % Change
Denver, CO	23.1%	95.4%	95.3%	0.1%	$1,983	$1,961	1.1%	$2,235	$2,196	1.8%
Minneapolis, MN	34.7%	95.1%	94.9%	0.2%	1,539	1,514	1.7%	1,728	1,690	2.2%
North Dakota	11.8%	96.4%	96.1%	0.3%	1,341	1,257	6.7%	1,472	1,378	6.8%
Omaha, NE	6.0%	94.2%	94.6%	(0.4)%	1,351	1,280	5.5%	1,483	1,412	5.0%
Rochester, MN	10.0%	95.6%	94.4%	1.3%	1,742	1,699	2.5%	1,849	1,792	3.2%
St. Cloud, MN	5.5%	93.4%	91.6%	2.0%	1,369	1,340	2.2%	1,552	1,509	2.8%
Other Mountain West(1)	8.9%	94.7%	94.9%	(0.2)%	1,349	1,331	1.4%	1,511	1,479	2.2%
Same-Store Total	100.0%	95.2%	94.9%	0.3%	$1,562	$1,525	2.4%	$1,739	$1,690	2.9%

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.