Centerspace Updates 2025 Financial Outlook with Net Loss Per Share Expected to Increase to $2.50-$2.76

Reuters
08/05
<a href="https://laohu8.com/S/CSR">Centerspace</a> Updates 2025 Financial Outlook with Net Loss Per Share Expected to Increase to $2.50-$2.76

Centerspace (NYSE: CSR) has reported its financial and operating results for the second quarter of 2025. During this period, the company experienced a slight increase in Core Funds from Operations (FFO) per diluted share, rising 0.8% to $1.28 compared to $1.27 for the same period in 2024. The company has updated its 2025 financial outlook, projecting a net loss per share diluted range between $2.50 and $2.76. This is a significant shift from the previous outlook, which anticipated a net loss per share ranging from $(0.71) to $(0.45). In terms of business operations, Centerspace completed the acquisition of Railway Flats, a 420-home apartment community in Loveland, CO, for $132.2 million. This acquisition includes the assumption of $76.5 million in mortgage debt. As of the end of the second quarter, Centerspace reported total liquidity of $206.3 million, comprising $194.0 million available under lines of credit and $12.4 million in cash and cash equivalents.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Centerspace published the original content used to generate this news brief via PR Newswire (Ref. ID: CG43747) on August 04, 2025, and is solely responsible for the information contained therein.

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