Independence Realty Trust (IRT) shareholder Irenic Capital Management said it is opposing the propos
On September 9, 2026, Independence Realty Trust, Inc. (NYSE:IRT) and Centerspace announced a definitive all-stock merger agreement. It creates a combined middle-market apartment REIT with a pro forma equity market capitalization of about $5.0 billion and a total enterprise value of approximately $8.1 billion, encompassing more than 44,000 units. The combined company will retain the […]
Centerspace (CSR) has an average rating of overweight and mean price target of $64.14, according to
The acquisition gives Independence Realty Trust a bigger foothold outside of the Sun Belt and provides a “vindication of the Midwest,” per one analyst.
Independence Realty Trust acquires Centerspace, expanding to 44,354 units and targeting 5% Core FFO accretion by 2027. See why I rate IRT stock a Hold.
Independence Realty’s $8.1B stock deal for Centerspace targets 5% FFO accretion via $24M synergies, boosting multifamily value—read IRT's outlook here.
Detailed price information for Independence Realty Trust Inc (IRT-N) from The Globe and Mail including charting and trades.
2026-09-10. The following slide deck was published by Centerspace in conjunction with this event.
IRT and Centerspace are merging into an $8.1B multifamily REIT with 44,000 units and broader exposure to high-growth US markets.
It's essentially acquiring a peer REIT.
These are the stocks posting the largest moves midday.
The all-stock deal will create a company with an $8.1B enterprise valuation and a firm that owns more than 44,000 apartments.
Independence Realty Trust and Centerspace merge in an all-stock REIT deal, creating an $8.1B multifamily giant.
The IRT-Centerspace combination shows that multifamily REITs of all stripes are chasing scale as the costs of doing business continue to rise.
Motley Fool Press Release.
Independence Realty Trust (IRT) and Centerspace (CSR) have agreed to merge in an all-stock deal that
Centerspace's (NYSE: CSR) Board of Trustees has declared a regular quarterly distribution of $0.77 per share/unit, payable on October 14, 2026, to common shareholders and unitholders of record at the close of business on September 29, 2026.
Detailed price information for Centerspace (CSR-N) from The Globe and Mail including charting and trades.
Detailed price information for Centerspace (CSR-N) from The Globe and Mail including charting and trades.
Detailed price information for Centerspace (CSR-N) from The Globe and Mail including charting and trades.
Portfolio repositioning accelerates with $320M in dispositions and guidance cuts.
Centerspace (CSR) reported second quarter 2026 results on 3 August, with lower sales than a year earlier but a much smaller net loss. The company also tightened full year earnings guidance. See our latest analysis for Centerspace. Centerspace’s recent earnings release, guidance update and progress on its share repurchase program have come against a mixed price backdrop, with the stock down 17.72% on a 90 day share price return yet still delivering an 11.21% total shareholder return over the...
Centerspace (NYSE: CSR) has published its 2025 Environmental, Social, and Governance (ESG) Report, underscoring the company's ongoing commitment to sustainable business practices within the multifamily industry. The report marks the company's seventh annual ESG publication following the 2019 formation of its Environmental, Social, and Governance Committee, which was established to guide the identification, implementation, and measurement of sustainability initiatives across the organization.
Detailed price information for Centerspace (CSR-N) from The Globe and Mail including charting and trades.
On the multifamily REIT’s Q2 earnings call, CEO Anne Olson said the goal is a portfolio with stronger growth potential, lower debt and greater financial flexibility.
Detailed price information for Centerspace (CSR-N) from The Globe and Mail including charting and trades.
Centerspace (NYSE:CSR) said its second-quarter operating results were in line with expectations as the apartment real estate investment trust continued a portfolio repositioning and deleveraging program that has included sales or pending sales of 20 communities over the past 14 months. President an
Detailed price information for Centerspace (CSR-N) from The Globe and Mail including charting and trades.
Centerspace (CSR) delivered FFO and revenue surprises of +4.10% and -2.69%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
Centerspace (CSR) reported Q2 core funds from operations late Monday of $1.27 per diluted share, dow
Centerspace (NYSE: CSR) (the "Company") announced today its financial and operating results for the three and six months ended June 30, 2026. The tables below show Net Loss, Funds from Operations ("FFO")1, and Core FFO1, all on a per diluted share basis, for the three and six months ended June 30, 2026; Same-Store Revenues, Expenses, and Net Operating Income ("NOI")1 over comparable periods; and Same-Store Weighted Average Occupancy, Lease Rate Growth, and Resident Retention for each of the thre
Detailed price information for Centerspace (CSR-N) from The Globe and Mail including charting and trades.
Centerspace (NYSE:CSR) is one of the top beaten-down REITs ready for a rotation rally. On June 16, BTIG analyst Michael Gorman downgraded Centerspace (NYSE:CSR) to Neutral from Buy and withdrew the firm’s $79 price target. The analyst updated the rating and target price after Centerspace concluded a strategic review of its business. Gorman noted that […]
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