Centerspace (CSR) reported second-quarter 2026 revenue of $65.8 million, down 4.0% from $68.5 million a year earlier, primarily due to the sale of 12 apartment communities in 2025. Net loss was $0.07 per diluted share, compared with a net loss of $0.87 per diluted share in the prior-year quarter.
The apartment REIT updated its 2026 outlook to reflect disposition activity and a deleveraging plan, with net income per diluted share expected between $6.42 and $6.82. Management will host a conference call on Aug. 4, 2026.
- Disposed of a 176-home Denver apartment community for $30.0 million in the quarter.
- Same-store revenues were up 0.1%, expenses were down 0.1% and same-store NOI increased 0.3% from a year earlier.
- Same-store weighted average occupancy was 96.0% for the quarter.
- Core FFO per diluted share was $1.27, compared with $1.28 a year earlier.
- Liquidity at quarter-end was $242.6 million, including $234.0 million available under lines of credit and $8.6 million in cash and equivalents.
- Subsequent July dispositions totaled $139.8 million across seven apartment communities.
- Updated 2026 outlook includes gross proceeds from dispositions of $315.0 million to $320.0 million.
$CSR Insider Trading Activity
$CSR insiders have traded $CSR stock on the open market 2 times in the past 6 months. Of those trades, 2 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $CSR stock by insiders over the last 6 months:
- RODNEY JONES-TYSON purchased 1,700 shares for an estimated $93,942
- JOHN A SCHISSEL purchased 500 shares for an estimated $27,450
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$CSR Hedge Fund Activity
We have seen 97 institutional investors add shares of $CSR stock to their portfolio, and 101 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- LAND & BUILDINGS INVESTMENT MANAGEMENT, LLC removed 828,398 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $47,591,465
- VOSS CAPITAL, LP added 470,495 shares (+142.3%) to their portfolio in Q1 2026, for an estimated $27,029,937
- LONG POND CAPITAL, LP removed 254,101 shares (-57.2%) from their portfolio in Q1 2026, for an estimated $14,598,102
- CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC added 180,384 shares (+353.2%) to their portfolio in Q1 2026, for an estimated $10,363,060
- UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 109,541 shares (-99.4%) from their portfolio in Q1 2026, for an estimated $6,293,130
- PEREGRINE CAPITAL MANAGEMENT LLC removed 81,465 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $4,577,518
- DIAMOND HILL CAPITAL MANAGEMENT INC added 65,392 shares (+137.9%) to their portfolio in Q1 2026, for an estimated $3,756,770
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
