<span item_type="fundamental" item_id="c01aacc722a60300fc6bbca3aeadbdfd" counter_id="ST/US/CSR" env="prod"></span><span item_type="announcement" item_id="545825188113488513" env="prod"></span><p>Revenue: As of FY2025 Q2, the actual value is USD 68.55 M.</p><p>EPS: As of FY2025 Q2, the actual value is USD -0.87, missing the estimate of USD -0.1267.</p><p></p><h3>Segment Revenue</h3><ul><li><strong>Total Revenue</strong>: $68.5 million for the three months ended June 30, 2025, compared to $65.0 million for the same period in 2024, representing a 5.4% increase.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/798359/000079835925000087/csr-20250630.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li><strong>Net Loss</strong>: $16.8 million for the three months ended June 30, 2025, compared to $1.7 million for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/798359/000079835925000087/csr-20250630.htm"></span></li><li><strong>Operating Income (Loss)</strong>: - $6.8 million for the three months ended June 30, 2025, compared to $7.2 million for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/798359/000079835925000087/csr-20250630.htm"></span></li><li><strong>Net Operating Income (NOI)</strong>: $42.0 million for the three months ended June 30, 2025, compared to $39.9 million for the same period in 2024, representing a 5.4% increase.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/798359/000079835925000087/csr-20250630.htm"></span></li></ul><h3>Cash Flow</h3><ul><li><strong>Net Cash Provided by Operating Activities</strong>: $50.7 million for the six months ended June 30, 2025, compared to $47.3 million for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/798359/000079835925000087/csr-20250630.htm"></span></li><li><strong>Net Cash Used by Investing Activities</strong>: - $164.5 million for the six months ended June 30, 2025, compared to - $28.4 million for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/798359/000079835925000087/csr-20250630.htm"></span></li><li><strong>Net Cash Provided by Financing Activities</strong>: $118.8 million for the six months ended June 30, 2025, compared to - $12.7 million for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/798359/000079835925000087/csr-20250630.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li><strong>Impairment of Real Estate Investments</strong>: $14.5 million for the three and six months ended June 30, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/798359/000079835925000087/csr-20250630.htm"></span></li></ul><h3>Future Outlook and Strategy</h3><ul><li><strong>Core Business Focus</strong>: Centerspace aims to enhance resident satisfaction and drive profitability by investing in high-quality assets in desirable locations and creating vibrant apartment communities.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/798359/000079835925000087/csr-20250630.htm"></span></li><li><strong>Non-Core Business</strong>: Centerspace did not dispose of any real estate during the six months ended June 30, 2025, but classified 12 properties as held for sale during the second quarter of 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/798359/000079835925000087/csr-20250630.htm"></span></li></ul><h3>Priority</h3><ul><li><strong>Strategic Acquisitions</strong>: Centerspace acquired Sugarmont, its first apartment community in Salt Lake City, Utah, consisting of 341 homes for an aggregate purchase price of $149.0 million.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/798359/000079835925000087/csr-20250630.htm"></span></li></ul>

Centerspace | 10-Q: FY2025 Q2 Revenue: USD 68.55 M