Centerspace in its review of strategic alternatives

On November 11, 2025, Centerspace (NYSE: CSR), an owner and operator of apartment communities committed to providing great homes by focusing on integrity and serving others, confirmed that earlier this fall its Board of Trustees initiated a review of the Company’s strategic alternatives.  With the support of its independent financial and legal advisors, the Board will consider a wide range of options including, among other things, a sale, merger and other business combinations, as well as continuing to execute on its independent business strategy.  Centerspace has not set a timetable for the review process, nor has it made any decisions related to any potential strategic alternatives at this time.

Wachtell, Lipton, Rosen & Katz is serving as legal advisor to Centerspace.