CENTERSPACE
Close on Oct 19, 2026
- Market cap
- $922.36M
- P/E (TTM)
- 43.9
- Dividend yield
- 5.61%
About Centerspace
Real Estate Investment Trusts, SIC 6798
Centerspace is a real estate investment trust focused on the ownership, management, acquisition, development, and redevelopment of apartment communities. Operating primarily through its operating partnership, Centerspace, LP, the company concentrates on multifamily residential properties across stable and expanding markets. Its core service involves providing rental apartment homes at diverse price points to individual residents, with an operational emphasis on resident satisfaction and retention.
As of December 31, 2025, Centerspace owned 61 apartment communities encompassing 12,262 homes. The company's property investments and operations are concentrated in the Midwest and Mountain West regions of the United States, notably within the Minneapolis/St. Paul, Denver, Boulder/Fort Collins, and Salt Lake City metropolitan areas. Centerspace maintains its corporate headquarters in Minot, North Dakota, alongside an additional corporate office in Minneapolis, Minnesota.
Summary of the business section of Centerspace's latest annual report, written by StockData.
Company profile
Company
- Legal name
- CENTERSPACE
- Founded
- 1970
- Headquarters
- Minot, ND
- Address
- 1324 20th Ave Sw, Po Box 1988 58701
- Phone
- (701) 837-4738
- Website
- centerspacehomes.com
- Employees
- 349, Dec 31, 2025
- Industry
- Real Estate Investment Trusts
- Incorporated in
- ND
- Fiscal year ends
- December 31
- Auditor
- GRANT THORNTON LLP, Dallas, TX
Stock & identifiers
- Ticker
- CSR
- Exchange
- NYSE
- Shares outstanding
- 17M, Jul 27, 2026
- Public float
- $1.00B, Jun 30, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 1-for-10 reverse, Dec 28, 2018; 1-for-10 reverse, Dec 27, 2018
- SEC CIK
- 798359
- CUSIP
- 15202L107
- ISIN
- US15202L1070
- LEI
- 5493002LG2SH9EEHT720
- EIN
- 45-0311232
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Bhairav Patel | EVP and CFO | 9,062 |
| Anne Olson | President, CEO & Secretary | 30,226 |
| Rodney Jones-Tyson | Director | 7,877 |
| John A. Schissel | Director | 17,195 |
| Mary J. Twinem | Director | 11,566 |
| Emily Nagle Green | Director | 9,022 |
| Jay L. Rosenberg | Director | 2,587 |
| Ola Oyinsan Hixon | Director | 3,193 |
| Jeffrey Caira | Director | 21,609 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Anne Olson | $3.11M | $3.50M | $1.68M | $112 | $127 |
| FY2024 Anne Olson | $2.99M | $3.56M | $1.62M | $112 | $143 |
| FY2024 Mark Decker | $0 | $0 | $1.62M | $112 | $143 |
| FY2023 Anne Olson | $2.21M | $2.07M | $1.61M | $92 | $116 |
| FY2023 Mark Decker | $3.56M | $2.52M | $1.61M | $92 | $116 |
| FY2022 Anne Olson | $2.01M | -$1.80M | $921.80K | $95 | $115 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had 349 employees (334 full-time and 15 part-time) across multiple states.”
Corporate history
Events identified from SEC filings