ACQUISITIONS AND DISPOSITIONS

3 Months Ended

Mar. 31, 2025

Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]

ACQUISITIONS AND DISPOSITIONS

ACQUISITIONS AND DISPOSITIONS

ACQUISITIONS

Centerspace did not acquire new real estate during the three months ended March 31, 2025 and 2024.

DISPOSITIONS

Centerspace did not dispose of any real estate during the three months ended March 31, 2025. During the three months ended March 31, 2024, Centerspace disposed of two apartment communities in two exchange transactions for an aggregate sales price of $19.0 million. The dispositions for the three months ended March 31, 2024 are detailed below.

Three Months Ended March 31, 2024

		(in thousands)
Dispositions	Date Disposed	Sale Price		Net Book Value and Transaction Costs		Gain/(Loss)
69 homes - Southdale Parc - Richfield, MN	February 29, 2024	$	6,200	$	6,497	$	(297)
136 homes - Wingate - New Hope, MN	February 29, 2024	12,800		13,080		(280)
Total Dispositions		$	19,000	$	19,577	$	(577)