MINNEAPOLIS, May 1, 2025 /PRNewswire/ — Let’s dive into Centerspace’s (NYSE: CSR) latest round of financials. By the numbers for Q1 2025, it’s a mix of ups and downs. Let’s take a look, shall we?

updated 2025 financial outlook

Centerspace has updated its 2025 financial outlook. You’ll find the details at S-17 in their [Supplemental Financial and Operating Data](https://www.centerspacehomes.com). Take a peek at the updated stats below to see where they’re headed.

And in case you’re curious, they’re laying out some capital expenditures in 2025. Flashy projects that fall between $16 million and $18 million. Now that’s a budget!

overview of the first quarter

• Revenue hit $67.1 million, up 4% from last year.
• Same-store sales jumped 3.5%, bumping NOI by 2.1%.
• The net loss now stands at $0.22 per share, an improvement from last year’s $0.37.
• Core FFO per share fell slightly to $1.21, mainly thanks to a property tax bump.

balance sheet highlights

Centerspace is sitting comfortably with $223.2 million in liquidity. Most of that, $211.3 million, stays in the bank—just the way they like it.

earnings call details

Want to hear it straight from the horse’s mouth? Join the [live webcast](https://ir.centerspacehomes.com) on May 2.

• Live Conference Call: May 2, 2025, at 1:00 PM ET
• Replay available till May 9, 2025.
• USA Toll Free: 1-833-470-1428, Access Code: 591644

same-store results

Here’s how the same-store numbers play out across periods:

upcoming events

On the horizon? Conferences aplenty! Centerspace is rubbing elbows at:

• Wells Fargo Real Estate Securities Conference, May 6-7, 2025
• BMO North American Real Estate Conference, May 13, 2025
• Nareit REITweek: 2025 Investor Conference, June 2-4, 2025

Engage in those events and catch insights about where Centerspace is rolling next.

heckling out their fundamentals

Centerspace is not just sitting on its laurels. They’ve been a cornerstone in the apartment sector since 1970. They’re serving up homes across Colorado, Minnesota, and beyond. At last count, 13,012 homes say “We belong to Centerspace.”

For more juicy financial scoops, check out their original [press release](https://www.prnewswire.com/news-releases/centerspace-reports-first-quarter-2025-financial–operating-results-and-reaffirms-2025-core-ffo-per-share-guidance-302444579.html).

Solid forward-looking plans or pie in the sky? These financials sure make for some stimulating water cooler talk.

Contact Information

Investor Relations: Josh Klaetsch, 952-401-6600, IR@centerspacehomes.com

Marketing & Media: Kelly Weber, 952-401-6600, kweber@centerspacehomes.com

The post Centerspace Announces Q1 2025 Financial & Operational Outcomes; Confirms 2025 Core FFO per Share Forecast appeared first on Kingston Global Tokyo Japan.