v3.26.1
ACQUISITIONS AND DISPOSITIONS (Tables)
6 Months Ended
Jun. 30, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Schedule of Acquisitions Centerspace acquired $149.0 million of new real estate during the three and six months ended June 30, 2025 as detailed below.
(in thousands)
Form of Consideration
Investment Allocation
Acquisitions
Date
Acquired
Cash(1)
Land
Building & Improvements
Intangible Assets(2)
341 homes - Sugarmont - Salt Lake City, UT
May 30, 2025$149,000 $20,086 $124,649 $4,265 
Total Acquisitions
$149,000 $20,086 $124,649 $4,265 
(1)Excludes $1.1 million in capitalized transaction cost.
(2)Intangible assets consist of in-place leases valued at the time of acquisition.
Schedule of Dispositions
(in thousands)
DispositionsDate
Disposed
Sale Price
Net Book Value and Transaction Costs
Gain/(Loss)
176 homes - Civic Lofts - Denver, CO
June 29, 2026$30,000 $29,729 $271 
Total Dispositions$30,000 $29,729 $271