CSR
vs
S&P 500


Over the past 12 months, CSR has underperformed S&P 500, delivering a return of -15% compared to the S&P 500's +13% growth.
Stocks Performance
CSR vs S&P 500
Performance Gap
CSR vs S&P 500
Performance By Year
CSR vs S&P 500
Centerspace
Glance View
Centerspace, once known as IRET, is a real estate investment trust (REIT) with roots tracing back to 1970, initially venturing into a diverse range of properties. The company has since refined its focus to specialize primarily in the ownership, management, acquisition, and redevelopment of apartment communities across the Midwest. With its headquarters in Minot, North Dakota, Centerspace has honed a strategic approach centered on acquiring well-located properties that promise steady returns and long-term appreciation. Their portfolio, consisting of thousands of apartment units, benefits from the sustainable demand for quality rental housing in areas with a stable economy and an appealing quality of life. The company's revenue model revolves around collecting rent and fees from its residential tenants, ensuring a steady income stream. Centerspace's growth strategy is deeply rooted in enhancing property value through upgrades and efficient management, which in turn allows for competitive rental pricing. By reinvesting capital into modernizing units and facilities, they not only maintain high occupancy rates but also fortify tenant satisfaction and retention. As a REIT, Centerspace aligns with investor interests by distributing a significant portion of its taxable income as dividends, providing investors with the dual benefits of potential stock appreciation and regular income. This model underscores Centerspace's commitment to sustained growth and value creation in the real estate sector.
