Centerspace (CSR) reported robust Q3 2025 financial results, characterized by a major portfolio turnover, leading to a significant GAAP Net Income swing to \(53.8 million (EPS \)3.19) from a loss in the prior year. Core operational strength was evident with Same-Store NOI growing 4.5% in Q3, driven by 2.4% revenue growth and expense control. The overall 9-month performance was heavily influenced by a substantial, non-recurring \(79.5 million gain recognized on the sale of five apartment communities for \)124.0 million.
The company executed aggressive capital deployment, acquiring assets totaling
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