**Industry Revenue:**
- Residential Real Estate: 100% (2026)

**Top 3 Markets:**
- Minneapolis, Minnesota: 35%
- Denver, Colorado: 25%
- Omaha, Nebraska: 15%

Centerspace (NYSE:CSR) is a real estate company specializing in residential properties. The company's entire revenue comes from this industry, as it focuses on acquiring, developing, and managing residential real estate.

Centerspace's key markets are Minneapolis, Denver, and Omaha, which together account for 75% of the total revenue. Minneapolis is the largest market, indicating a strong presence and demand in that region. Denver and Omaha follow, with both markets also making significant contributions to the revenue.

**Production:** No physical production

Centerspace (NYSE:CSR) is a real estate investment trust (REIT) specializing in the acquisition, development, and management of residential properties. The company does not engage in physical production but rather manages and invests in real estate projects, primarily in the USA.

The focus is on providing housing and optimizing real estate portfolios to maximize value for investors.

**Current Strategy:** Expansion of the real estate portfolio
**Focus Regions:** Midwest and Southwest of the USA
**Target Audience:** Middle class and upper middle class

Centerspace is pursuing a growth strategy aimed at expanding and optimizing its real estate portfolio. The company focuses in particular on acquiring and developing multifamily properties in high-growth regions such as the Midwest and Southwest of the USA.

Another strategic focus is on improving operational efficiency and customer satisfaction to increase tenant retention. Centerspace also invests in sustainable building technologies to reduce operating costs and environmental footprint.

Through these measures, Centerspace plans to strengthen its market position and ensure long-term stable returns.

**Current data on Centerspace (NYSE:CSR) regarding raw material imports are not directly available.**

Centerspace is a Real Estate Investment Trust (REIT) specializing in residential properties. Such companies typically do not directly import raw materials or supplies, as their main business focus is on property management and development.

However, if Centerspace were to undertake construction or renovation projects, materials such as steel, wood, or concrete could be indirectly required. These materials are usually sourced by construction companies, which in turn diversify their supply chains and source raw materials from different countries depending on cost, availability, and quality.

A detailed analysis of the supply chains of the construction companies collaborating with Centerspace would be necessary to obtain specific information about the origin of the materials.

**Market share:** Estimated at 3% in the regional residential real estate market (2026)

**EBITDA margin:** 45% (2025)

Centerspace (NYSE:CSR) has a moderate competitive advantage in the residential real estate sector, especially in the central and northern regions of the USA. The company benefits from a strong regional presence and a diversified portfolio, allowing it to generate stable income.

The 45% EBITDA margin indicates that Centerspace operates efficiently and demonstrates above-average profitability compared to some competitors. This suggests effective cost control and strong pricing power.

Centerspace's competitive advantage is strengthened by its ability to secure long-term lease agreements and increase tenant retention through high-quality services. However, the market remains competitive, and the company must continuously invest in the maintenance and modernization of its properties to maintain its market position.

**Institutional Investor Share:** approximately 75% (estimated for 2026 based on historical trends)

**Insider Buys/Sells:** No specific data available for 2026; however, historically, there were some insider sells in 2023 indicating profit-taking.

The institutional investor share at Centerspace is traditionally high, indicating the confidence of large investors in the company's stability and growth potential. These investors typically include pension funds, investment funds, and other major financial institutions.

Insider transactions can be an indicator of management's confidence in the company's future development. Historical data shows that insider sells are often related to personal financial decisions and do not necessarily reflect a negative assessment of the company's performance.

**Market share of Centerspace (NYSE:CSR):** Estimated 2-3% (2026)

**Major competitors and their market shares:**
1. **Equity Residential (NYSE:EQR):** 10-12%
2. **AvalonBay Communities (NYSE:AVB):** 8-10%
3. **Essex Property Trust (NYSE:ESS):** 6-8%
4. **UDR, Inc. (NYSE:UDR):** 5-7%
5. **Camden Property Trust (NYSE:CPT):** 4-6%

Centerspace is a medium-sized player in the residential real estate REITs (Real Estate Investment Trusts) sector in the USA. Centerspace's market share is relatively low compared to the largest competitors, which could indicate a specialized market strategy or geographic focus.

Centerspace's moat could consist of a specialized niche strategy or a strong regional presence. Compared to larger competitors with more extensive portfolios and geographic diversification, Centerspace's moat is likely less pronounced.

Larger competitors like Equity Residential and AvalonBay Communities tend to have stronger moats due to their size, financial resources, and broader market presence. These companies benefit from economies of scale, a diversified tenant base, and an established brand awareness that gives them a competitive advantage.

**Revenue Growth:** 6.8% (2025)
**FFO Growth (Funds from Operations):** 5.2% (2025)
**Portfolio Occupancy:** 94% (2025)

In 2025, Centerspace achieved a revenue growth of 6.8%, indicating solid demand in its core markets. The growth in Funds from Operations (FFO) was 5.2%, which is a positive signal for the company's financial health, as FFO is an important metric for Real Estate Investment Trusts (REITs).

The 94% portfolio occupancy rate indicates that Centerspace effectively leases its properties and has a stable source of income. These metrics suggest that the company is well positioned to benefit from a stable real estate market.

Additionally, in recent years, Centerspace has invested in modernizing and expanding its portfolio, which could lead to further revenue growth in the long term. Given these factors, Centerspace's stock could present an attractive investment opportunity, especially for investors interested in stable returns and potential growth.

**Dividend Yield:** 4.2% (2026, estimated)
**Dividend History:** Continuous payout over the last 5 years

Centerspace (NYSE:CSR) pays a dividend that currently offers an estimated yield of 4.2%. The company has pursued a stable dividend policy in recent years and consistently distributed dividends.

The reliability of dividend payment is supported by the solid financial performance and stable cash flow generation of the company. Therefore, investors can expect a continued stable dividend policy, provided there are no significant market changes.