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.
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