StreetInsider.com News Articles

BTIG Downgrades Centerspace (CSR) to Neutral

Tue, 16 Jun 2026 06:16:13 -0400

BTIG analyst Michael Gorman downgraded Centerspace (NYSE: CSR) from Buy to Neutral.

The analyst comments "We are downgrading Centerspace (CSR) to Neutral from Buy and removing our $79 PT. BTIG does not provide price targets on Neutral-rated names. Our downgrade comes after the company concluded its strategic review (Link) and our meetings with management at Nareit (Link). While we continue to like the team at CSR, the outcome of the strategic review raises more questions than it answers in the near term. CSR announced dispositions totaling $240M-$245M, with proceeds going to debt reductions ($175M-$190M) and a potential special distribution to shareholders

BTIG Downgrades Centerspace (CSR) to Neutral

Tue, 16 Jun 2026 06:16:13 -0400

BTIG analyst Michael Gorman downgraded Centerspace (NYSE: CSR) from Buy to Neutral.

Piper Sandler Downgrades Centerspace (CSR) to Neutral

Mon, 08 Jun 2026 03:08:55 -0400

Piper Sandler analyst Alexander Goldfarb downgraded Centerspace (NYSE: CSR) from Overweight to Neutral with a price target of $64.00 (from $72.00).

The analyst comments: “The failed sale of the company was likely a combination of value add/opportunistic institutional capital not realizing CSR is a core portfolio, while this money didn't want the tertiary markets, which proved more attractive to smaller, regional buyers. Management views the combination of recent rise in the 10-year and capital flight to data centers that took what was initially enthusiasm to the reality of tougher bid for Minneapolis and Denver and dollar-check size for large sales.

The stronger

Piper Sandler Downgrades Centerspace (CSR) to Neutral

Mon, 08 Jun 2026 03:08:55 -0400

Piper Sandler analyst Alexander Goldfarb downgraded Centerspace (NYSE: CSR) from Overweight to Neutral with a price target of $64.00 (from $72.00).

The stronger

Centerspace (CSR) PT Lowered to $67 at RBC Capital

Fri, 05 Jun 2026 06:44:11 -0400

RBC Capital analyst Brad Heffern lowered the price target on Centerspace (NYSE: CSR) to $67.00 (from $71.00) while maintaining a Outperform rating.

Form 4 CENTERSPACE For: Jun 01 Filed by: Green Emily Nagle

Tue, 02 Jun 2026 17:33:00 -0400

si-local-file:///var/storage/secattach/20260602/26593444.html

Form 4 CENTERSPACE For: Jun 01 Filed by: Green Emily Nagle

Tue, 02 Jun 2026 17:33:00 -0400

si-local-file:///var/storage/secattach/20260602/26593444.html

Form 4 CENTERSPACE For: Jun 01 Filed by: Schissel John A

Tue, 02 Jun 2026 17:24:00 -0400

si-local-file:///var/storage/secattach/20260602/26593332.html

Form 4 CENTERSPACE For: Jun 01 Filed by: Schissel John A

Tue, 02 Jun 2026 17:24:00 -0400

si-local-file:///var/storage/secattach/20260602/26593332.html

Form 4 CENTERSPACE For: Jun 01 Filed by: TWINEM MARY J

Tue, 02 Jun 2026 17:22:00 -0400

si-local-file:///var/storage/secattach/20260602/26593300.html

Form 4 CENTERSPACE For: Jun 01 Filed by: TWINEM MARY J

Tue, 02 Jun 2026 17:22:00 -0400

si-local-file:///var/storage/secattach/20260602/26593300.html

Form 4 CENTERSPACE For: Jun 01 Filed by: Rosenberg Jay L.

Tue, 02 Jun 2026 17:19:00 -0400

si-local-file:///var/storage/secattach/20260602/26593263.html

Form 4 CENTERSPACE For: Jun 01 Filed by: Rosenberg Jay L.

Tue, 02 Jun 2026 17:19:00 -0400

si-local-file:///var/storage/secattach/20260602/26593263.html

Form 4 CENTERSPACE For: Jun 01 Filed by: Jones-Tyson Rodney

Tue, 02 Jun 2026 17:17:00 -0400

si-local-file:///var/storage/secattach/20260602/26593239.html

Form 4 CENTERSPACE For: Jun 01 Filed by: Jones-Tyson Rodney

Tue, 02 Jun 2026 17:17:00 -0400

si-local-file:///var/storage/secattach/20260602/26593239.html

Form 4 CENTERSPACE For: Jun 01 Filed by: Hixon Ola Oyinsan

Tue, 02 Jun 2026 17:15:00 -0400

si-local-file:///var/storage/secattach/20260602/26593190.html

Form 4 CENTERSPACE For: Jun 01 Filed by: Hixon Ola Oyinsan

Tue, 02 Jun 2026 17:15:00 -0400

si-local-file:///var/storage/secattach/20260602/26593190.html

Form 8-K CENTERSPACE For: Jun 01

Mon, 01 Jun 2026 16:31:00 -0400

si-local-file:///var/storage/secattach/20260601/26584229.html

Form 8-K CENTERSPACE For: Jun 01

Mon, 01 Jun 2026 16:31:00 -0400

si-local-file:///var/storage/secattach/20260601/26584229.html

Centerspace plans $245 million asset sales to reduce debt

Mon, 01 Jun 2026 16:30:41 -0400

Centerspace (NYSE: CSR) announced plans to sell approximately $245 million of assets in 2026 following a strategic review by its board of trustees. The real estate investment trust will dispose of twelve apartment communities, including a complete exit from the Bismarck and Rapid City markets and one community in Denver.

The company stated that each disposition is under contract with buyers and anticipates closing the sales in the second half of 2026. Centerspace expects to use proceeds to reduce total debt by $175-190 million, including repayment of its line of credit balance.

The asset sales are projected to improve the company's Annualized

Centerspace Announces Outcome of Strategic Review; $245 Million of Planned Dispositions

Mon, 01 Jun 2026 16:30:00 -0400

Company plans to dispose of approximately $245 million of assets in 2026, including a full exit from the Bismarck and Rapid City markets

Proceeds will be utilized to strengthen the balance sheet by significantly reducing leverage

Company declares a regular quarterly distribution of $0.77 per share/unit

MINNEAPOLIS, June 1, 2026 /PRNewswire/ -- Centerspace (NYSE: CSR)(the "Company") announced today that the Company's Board of Trustees has, in connection with its comprehensive evaluation of strategic alternatives, approved a portfolio optimization and deleveraging plan designed to enhance portfolio quality, strengthen the balance sheet, preserve embedded shareholder value, and maximize strategic flexibility.

The Board and management engaged in a thorough process with a broad

Centerspace Announces Outcome of Strategic Review; $245 Million of Planned Dispositions

Mon, 01 Jun 2026 16:30:00 -0400

Company plans to dispose of approximately $245 million of assets in 2026, including a full exit from the Bismarck and Rapid City markets

Proceeds will be utilized to strengthen the balance sheet by significantly reducing leverage

Company declares a regular quarterly distribution of $0.77 per share/unit

The Board and management engaged in a thorough process with a broad

Centerspace Announces Outcome of Strategic Review; $245 Million of Planned Dispositions

Mon, 01 Jun 2026 16:30:00 -0400

Company plans to dispose of approximately $245 million of assets in 2026, including a full exit from the Bismarck and Rapid City markets

Proceeds will be utilized to strengthen the balance sheet by significantly reducing leverage

Company declares a regular quarterly distribution of $0.77 per share/unit

The Board and management engaged in a thorough process with a broad

Centerspace Announces Outcome of Strategic Review; $245 Million of Planned Dispositions

Mon, 01 Jun 2026 16:30:00 -0400

Company plans to dispose of approximately $245 million of assets in 2026, including a full exit from the Bismarck and Rapid City markets

Proceeds will be utilized to strengthen the balance sheet by significantly reducing leverage

Company declares a regular quarterly distribution of $0.77 per share/unit

The Board and management engaged in a thorough process with a broad

Centerspace (CSR) PT Raised to $70 at Wells Fargo

Mon, 01 Jun 2026 07:01:57 -0400

Wells Fargo analyst James Feldman raised the price target on Centerspace (NYSE: CSR) to $70.00 (from $69.00) while maintaining a Equal Weight rating.