<- Go home

Added to YB: 2026-06-11

Pitch date: 2026-06-09

CSR [neutral]

Centerspace

+0.17%

current return

Author Info

No bio for this author

Company Info

Centerspace is an owner and operator of apartment communities committed to providing great homes by focusing on integrity and serving others.

Market Cap

$972.4M

Pitch Price

$58.38

Price Target

N/A

Dividend

5.32%

EV/EBITDA

15.60

P/E

123.38

EV/Sales

7.74

Sector

Residential REITs

Category

special_situation

Show full summary:
KEDM Lite Vol. 17 - Centerspace

CSR (overview): Apartment REIT concluded strategic review—will sell properties to cut debt vs hoped-for full sale; shares dropped >10% on news. Planning special distributions (~6% market cap) later this year. May be more interesting now given a few decent assets.

Read full article (1 min)