---
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/298480467.md"
description: "Centerspace shares are trading higher after the company announced it entered into a definitive merger with Independence Realty Trust, under which Centerspace and IRT will combine in an all-stock transaction. The combined company is expected to have a pro forma equity market capitalization of approximately $5.0 billion and a total enterprise value of approximately $8.1 billion."
datetime: "2026-09-09T14:54:57.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/298480467.md)
  - [en](https://longbridge.com/en/news/298480467.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/298480467.md)
generator: "portal-rs"
---

# 

Centerspace shares are trading higher after the company announced it entered into a definitive merger with Independence Realty Trust, under which Centerspace and IRT will combine in an all-stock transaction. The combined company is expected to have a pro forma equity market capitalization of approximately $5.0 billion and a total enterprise value of approximately $8.1 billion.

### Related Stocks

- [CSR.US](https://longbridge.com/en/quote/CSR.US.md)
- [IRT.US](https://longbridge.com/en/quote/IRT.US.md)

## Related News & Research

- [Centerspace to Merge With Independence Realty in All-Stock Deal at 3.8x Exchange](https://longbridge.com/en/news/298460537.md)
- [Centerspace Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Centerspace - CSR](https://longbridge.com/en/news/298637363.md)
- [Independence Realty Trust, Centerspace announce $8.1 billion all-stock merger deal](https://longbridge.com/en/news/298435804.md)
- [UBS Sticks to Their Hold Rating for Centerspace (CSR)](https://longbridge.com/en/news/299040415.md)
- [Are CSR, BZH, IRT Obtaining Fair Deals for their Shareholders?](https://longbridge.com/en/news/298493476.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**