Net Income: $65.4 million, compared to a net loss of $1.9 million in the prior year period, largely attributed to the gain on the sale of real estate and improved operating performance.
Dispositions: The company disposed of five apartment communities in one transaction for an aggregate sales price of $124.0 million during the three months ended September 30, 2025, reflecting strategic portfolio management.
During the nine months ended September 30, 2025, Centerspace acquired new real estate valued at $281.2 million, including significant acquisitions such as Sugarmont in Salt Lake City, UT, and Railway Flats in Loveland, CO.