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  <xs:element id="csr_PartnersCapitalAccountUnitsConvertedRatio" abstract="false" name="PartnersCapitalAccountUnitsConvertedRatio" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:pureItemType"/>
  <xs:element id="csr_NoncontrollingInterestsInOperatingPartnershipUnitsOutstanding" abstract="false" name="NoncontrollingInterestsInOperatingPartnershipUnitsOutstanding" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:sharesItemType"/>
  <xs:element id="csr_OptionOfConversionPreferredStockConvertibleConversionPriceMinimumThreshold" abstract="false" name="OptionOfConversionPreferredStockConvertibleConversionPriceMinimumThreshold" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="dtr-types:perShareItemType"/>
  <xs:element id="csr_PreferredStockConvertibleThresholdTradingDays" abstract="false" name="PreferredStockConvertibleThresholdTradingDays" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:durationItemType"/>
  <xs:element id="csr_PreferredStockConvertibleThresholdConsecutiveTradingDays" abstract="false" name="PreferredStockConvertibleThresholdConsecutiveTradingDays" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:durationItemType"/>
  <xs:element id="csr_PreferredStockConvertibleNumberOfConsecutiveDistributionPeriods" abstract="false" name="PreferredStockConvertibleNumberOfConsecutiveDistributionPeriods" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
  <xs:element id="csr_PreferredStockConvertibleDistributionRateMinimumThreshold" abstract="false" name="PreferredStockConvertibleDistributionRateMinimumThreshold" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="dtr-types:perShareItemType"/>
  <xs:element id="csr_SaleOfStockAuthorizedAmount" abstract="false" name="SaleOfStockAuthorizedAmount" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="csr_SaleOfStockRemainingAuthorizedAmount" abstract="false" name="SaleOfStockRemainingAuthorizedAmount" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="csr_ExerciseofExchangeRightsMember" abstract="true" name="ExerciseofExchangeRightsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="csr_RedemptionOfUnitsForCommonSharesMember" abstract="true" name="RedemptionOfUnitsForCommonSharesMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="csr_FannieMaeCreditFacilityAgreementMember" abstract="true" name="FannieMaeCreditFacilityAgreementMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="csr_MortgagesPayableOtherMember" abstract="true" name="MortgagesPayableOtherMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="csr_DebtInstrumentWeightedAverageMaturity" abstract="false" name="DebtInstrumentWeightedAverageMaturity" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:durationItemType"/>
  <xs:element id="csr_NumberOfRealEstatePropertiesCollateral" abstract="false" name="NumberOfRealEstatePropertiesCollateral" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
  <xs:element id="csr_OperatingLineOfCreditMember" abstract="true" name="OperatingLineOfCreditMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="csr_BMOLineOfCreditMember" abstract="true" name="BMOLineOfCreditMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="csr_PrivateShelfAgreementMember" abstract="true" name="PrivateShelfAgreementMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="csr_NotePurchaseAgreementMember" abstract="true" name="NotePurchaseAgreementMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="csr_USBankNAMember" abstract="true" name="USBankNAMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="csr_NumberOfRealEstatePropertiesUnencumbered" abstract="false" name="NumberOfRealEstatePropertiesUnencumbered" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
  <xs:element id="csr_LineOfCreditFacilityAdditionalBorrowingCapacity" abstract="false" name="LineOfCreditFacilityAdditionalBorrowingCapacity" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="csr_DebtInstrumentNumberOfExtensions" abstract="false" name="DebtInstrumentNumberOfExtensions" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
  <xs:element id="csr_DebtInstrumentTermExtensions" abstract="false" name="DebtInstrumentTermExtensions" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:durationItemType"/>
  <xs:element id="csr_DebtInstrumentMaximumBorrowingCapacity" abstract="false" name="DebtInstrumentMaximumBorrowingCapacity" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="csr_NumberOfLoansInDefault" abstract="false" name="NumberOfLoansInDefault" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
  <xs:element id="csr_DebtInstrumentSeriesAMember" abstract="true" name="DebtInstrumentSeriesAMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="csr_DebtInstrumentSeriesBMember" abstract="true" name="DebtInstrumentSeriesBMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="csr_DebtInstrumentSeriesCMember" abstract="true" name="DebtInstrumentSeriesCMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="csr_Series2021AMember" abstract="true" name="Series2021AMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="csr_Series2021BMember" abstract="true" name="Series2021BMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="csr_Series2021CMember" abstract="true" name="Series2021CMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="csr_Series2021DMember" abstract="true" name="Series2021DMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="csr_LongTermDebtMaturityAfterYearFour" abstract="false" name="LongTermDebtMaturityAfterYearFour" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="csr_FinancingReceivablesMeasurementInput" abstract="false" name="FinancingReceivablesMeasurementInput" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:decimalItemType"/>
  <xs:element id="csr_EquitySecuritiesFVNIUnfundedCommitments" abstract="false" name="EquitySecuritiesFVNIUnfundedCommitments" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="csr_NumberOfPropertiesSold" abstract="false" name="NumberOfPropertiesSold" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
  <xs:element id="csr_NumberOfDisposalTransactionsDuringPeriod" abstract="false" name="NumberOfDisposalTransactionsDuringPeriod" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
  <xs:element id="csr_SugarmontSaltLakeCityUTMember" abstract="true" name="SugarmontSaltLakeCityUTMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="csr_NumberOfRealEstatePropertiesAcquired" abstract="false" name="NumberOfRealEstatePropertiesAcquired" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
  <xs:element id="csr_CivicLoftsDenverCOMember" abstract="true" name="CivicLoftsDenverCOMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="csr_DisposalGroupIncludingDiscontinuedOperationAssetNetBookValueAndSaleCost" abstract="false" name="DisposalGroupIncludingDiscontinuedOperationAssetNetBookValueAndSaleCost" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="csr_UtilitiesExpense" abstract="false" name="UtilitiesExpense" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="csr_AdministrativeAndMarketingExpenses" abstract="false" name="AdministrativeAndMarketingExpenses" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="csr_NetOperatingIncomeLoss" abstract="false" name="NetOperatingIncomeLoss" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" substitutionGroup="xbrli:item" type="xbrli:monetaryItemType"/>
  <xs:element id="csr_SubjectToRestrictionsOnTaxableDispositionsMember" abstract="true" name="SubjectToRestrictionsOnTaxableDispositionsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="csr_NumberOfRealEstateTechnologyVentureFundsWithUnfundedCommitments" abstract="false" name="NumberOfRealEstateTechnologyVentureFundsWithUnfundedCommitments" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
  <xs:element id="csr_A2025IncentivePlanMember" abstract="true" name="A2025IncentivePlanMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="csr_A2015IncentivePlanMember" abstract="true" name="A2015IncentivePlanMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="csr_TimeBasedRSUsMember" abstract="true" name="TimeBasedRSUsMember" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="dtr-types:domainItemType"/>
  <xs:element id="csr_ShareBasedCompensationArrangementByShareBasedPaymentAwardTermOfAward" abstract="false" name="ShareBasedCompensationArrangementByShareBasedPaymentAwardTermOfAward" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:durationItemType"/>
  <xs:element id="csr_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsEligibleToBeEarned" abstract="false" name="ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsEligibleToBeEarned" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:sharesItemType"/>
  <xs:element id="csr_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsEligibleToBeEarnedPercentageOfAwardsGranted" abstract="false" name="ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsEligibleToBeEarnedPercentageOfAwardsGranted" nillable="true" xbrli:periodType="duration" substitutionGroup="xbrli:item" type="xbrli:pureItemType"/>
  <xs:element id="csr_NumberOfApartmentCommunitiesSold" abstract="false" name="NumberOfApartmentCommunitiesSold" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
  <xs:element id="csr_NumberOfHomesIncludedInApartmentCommunitiesSold" abstract="false" name="NumberOfHomesIncludedInApartmentCommunitiesSold" nillable="true" xbrli:periodType="instant" substitutionGroup="xbrli:item" type="xbrli:integerItemType"/>
</xs:schema>
