Centerspace

Centerspace is a real estate investment trust (REIT) organized in North Dakota that focuses on owning, managing, acquiring, developing, and redeveloping apartment communities. The company emphasizes operational improvements to enhance resident experience, redeveloping existing communities to meet current market demands, and acquiring new apartment communities in large markets. These markets include the Minneapolis/St. Paul, Denver, Boulder/Fort Collins, and Salt Lake City metropolitan areas. Centerspace invests in markets with stable and growing economic conditions, strong employment, and an attractive quality of life, which are believed to drive demand for its apartment homes and resident retention. As of December 31, 2025, Centerspace owned 61 apartment communities, comprising 12,262 homes. The total real estate investment amount, net of accumulated depreciation, was $1.9 billion. The company's corporate headquarters is in Minot, North Dakota, with an additional corporate office in Minneapolis, Minnesota.