You came from your AI assistant. Add Equibles to it and ask about this data directly, free.
Centerspace shareholders approved the merger with Independence Realty Trust, with approximately 99.6% of votes cast supporting it and representing 80.4% of outstanding common shares. Each share is exchangeable for 3.800 IRT shares, subject to adjustments, while closing conditions remain.
Centerspace disposed of thirteen apartment communities for $288.8 million and agreed to merge with Independence Realty Trust; each outstanding common share other than specified excluded shares would receive 3.8 IRT shares, subject to adjustments and closing conditions.
Centerspace entered a merger agreement with IRT on September 8, 2026, exchanging each share for IRT common stock at an exchange ratio. The transaction may close as early as the end of the fourth quarter of 2026, subject to approvals and closing conditions.
The Centerspace board approved a merger with Independence Realty Trust, exchanging each share for 3.800 IRT shares; shareholders will vote on the transaction November 10, 2026.
On September 22, 2026, Centerspace and Independence Realty Trust amended their merger agreement after IRT elected an alternative company merger structure; Centerspace will merge into an IRT subsidiary and cease to exist, while the partnership merger structure remains unchanged.
Useful current figures from the complete screener profile.
* Q4 derived as the full year minus Q1 to Q3.
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Still-open targets the latest release did not restate under the same label.
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Illustrative technical + ownership context — a signal mix, not investment advice.
| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted EBITDA non-GAAP | 66.21M | Six Months Ended 6/30/2026 | — |
| Aggregate Cost | 2.52M | the three months ended June 30, 2026 filing | — |
| Average Price Per Share | $55.54 | the three months ended June 30, 2026 filing | — |
| Common shares repurchased | 45,310 | Second quarter 2026 | — |
| Core FFO - diluted non-GAAP | $2.39 | Six Months Ended June 30, 2026 | — |
| Core FFO applicable to common shares and Units non-GAAP | $24.98M | three months ended 6/30/2026 | — |
| Core FFO applicable to common shares and Units - diluted non-GAAP | 47.14M | six months ended June 30, 2026 | — |
| Debt Service Coverage Ratio non-GAAP | 2.86 | Three Months Ended 6/30/2026 | — |
| Effective Blended Lease Rate Growth (same-store) | 1.8% | Three months ended June 30, 2026 | — |
| Effective New Lease Rate Growth (same-store) | -0.6% | Three months ended June 30, 2026 | — |
| Effective Renewal Lease Rate Growth (same-store) | 3.4% | Three months ended June 30, 2026 | — |
| FFO - diluted non-GAAP | $2.27 | Six Months Ended June 30, 2026 | — |
| FFO applicable to common shares and Units non-GAAP | $23.5M | the three months ended June 30, 2026 filing | — |
| FFO applicable to common shares and Units - diluted | 23.61M | the three months ended June 30, 2026 filing | — |
| Homes owned | 12,090 | As of June 30, 2026 | — |
| Net debt/Adjusted EBITDA non-GAAP | 7.32 | three months ended 6/30/2026 | — |
| Net operating income non-GAAP | 80.63M | Six Months Ended June 30, 2026 | — |
|
|
|||
| NOI same-store year-over-year change non-GAAP | 0.3% | Q2 2026 vs. Q2 2025 | — |
| Number of Common Shares | 45K | the three months ended June 30, 2026 filing | — |
| Number of Common Shares Issued (Series E redemption) | 5K | the three months ended June 30, 2026 filing | — |
| Number of Common Shares repurchased | 45K | the three months ended June 30, 2026 filing | — |
| Number of Series E Preferred Units Redeemed | 5K | the three months ended June 30, 2026 filing | — |
| Number of Units | 19 | the three months ended June 30, 2026 filing | — |
| Payout ratio non-GAAP | 60.6% | Three Months Ended 6/30/2026 | — |
| Recurring Capital Expenditures per Apartment Home - Same-Store | $303 | Q2 2026 | — |
| Repurchased common shares | 45,310 | the three months ended June 30, 2026 filing | — |
| Retention Rate (same-store) | 61.3% | Three months ended June 30, 2026 | — |
| Same-Store Average Monthly Revenue per Occupied Apartment Home | $1,846 | Q2 2026 | — |
| Total Book Value | 790K | the three months ended June 30, 2026 filing | — |
| Total debt to total market capitalization non-GAAP | 48% | 6/30/2026 | — |
| Total liquidity | $242.6M | End of the second quarter 2026 | — |
| Weighted Average Occupancy (same-store) | 96% | Three months ended June 30, 2026 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
CSR
this stock
Centerspace
|
$957.96M | -14.7% | +4.9% | 10.6 | 4.8% |
|
VMRK
Vivmark Residential
|
$49.76B | +1.9% | +4.8% | 802.8 | 2.5% |
|
ESS
Essex Property Trust, Inc.
|
$17.57B | +4.4% | +6.4% | 50.8 | 3.5% |
|
INVH
Invitation Homes Inc.
|
$15.47B | -3.4% | +4.2% | 23.6 | 3.4% |
|
SUI
Sun Communities Inc
|
$14.44B | -4.3% | +2.0% | — | 5.9% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
Centerspace shareholders approved the merger with Independence Realty Trust, with approximately 99.6% of votes cast supporting it and representing 80.4% of outstanding common shares. Each share is exchangeable for 3.800 IRT shares, subject to adjustments, while closing conditions remain.
View| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| CSR | -0.5% | +1.6% | -16.5% | -2.6% | -14.7% |
| SPY | +2.6% | -1.2% | +0.5% | -0.2% | +10.6% |
| vs SPY | -3.1% | +2.8% | -17.0% | -2.4% | -25.3% |
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.
