Investor Presentation September 2021 SAFE HARBOR STATEMENT AND LEGAL DISCLOSURE Certain statements in this presentation are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements involve known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially from expected results. These statements may be identified by our use of words such as "expects," "plans," "estimates," "anticipates," "projects," "int ...

Exhibit 99.1 centerspace 2nd Quarter 2021 EARNINGS RELEASE AND SUPPLEMENTAL OPERATING & FINANCIAL DATA Union Pointe // Longmont, CO Earnings Release Centerspace Reports Strong Second Quarter 2021 Financial Results; Improved Financial Outlook MINNEAPOLIS, MN, August 2, 2021 – Centerspace (NYSE: CSR) announced today its financial and operating results for the three and six months ended June 30, 2021. The tables below show Net Income, Funds from Operations ("FFO")1, and Core FFO1, all on a per share basis, for ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☑QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 or ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________ Commission File Number 001-35624 CENTERSPACE (Exact name of registrant as specified in its charter) North Dakota (State or other jurisdiction o ...

Investors Real Estate Trust (NYSE:CSR) Q1 2021 Earnings Conference Call May 4, 2021 10:00 AM ET Company Participants Mark Decker - CEO Anne Olson - COO John Kirchmann - CFO Conference Call Participants Gaurav Mehta - National Securities Rob Stevenson - Janney Montgomery Scott Daniel Santos - Piper Sandler Amanda Sweitzer - Robert W. Baird Buck Horne - Raymond James & Associates Operator Good day, and welcome to the Centerspace's First Quarter Earnings Conference Call. Today, all participants will be in a li ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☑QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2021 or ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________ Commission File Number 001-35624 INVESTORS REAL ESTATE TRUST (Exact name of registrant as specified in its charter) North Dakota (State or oth ...

Centerspace (NYSE:CSR) Q4 2020 Earnings Conference Call February 23, 2021 10:00 AM ET Company Participants Mark Decker – President and Chief Executive Officer Anne Olson – Chief Operating Officer John Kirchmann – Executive Vice President and Chief Financial Officer Conference Call Participants Guarav Mehta – National Securities John Kim – BMO Capital Markets Amanda Sweitzer – Baird Rob Stevenson – Janney Buck Horne – Raymond James Daniel Santos – Piper Sandler Operator Good day, and welcome to the Centerspa ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the year ended December 31, 2020 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______________ to ______________ Commission File Number 001-35624 INVESTORS REAL ESTATE TRUST (Exact name of Registrant as specified in its charter) North Dakota 4 ...

iret REITworld November 2020 As of November 17, 2020 SAFE HARBOR STATEMENT AND LEGAL DISCLOSURE Certain statements in this press release and the accompanying Supplemental Operating and Financial Data are based on our current expectations and assumptions, and are "forwardlooking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements involve known and unknown risks, uncertaint ...

iret REITworld November 2020 As of November 17, 2020 SAFE HARBOR STATEMENT AND LEGAL DISCLOSURE Certain statements in this press release and the accompanying Supplemental Operating and Financial Data are based on our current expectations and assumptions, and are "forwardlooking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements involve known and unknown risks, uncertaint ...

Financial Data and Key Metrics Changes - Core FFO for Q3 2020 was reported at 94 cents per share, a decrease of 5 cents or 5.1% from Q3 2019 [12] - Year-to-date core FFO remained unchanged at $2.76 per share compared to the prior year [13] - General and administrative expenses decreased by 10% or $1.1 million to $9.7 million for the nine months ended September 30, 2020 [14] - Interest expense decreased by 11% or $2.6 million for the nine months ended September 30, 2020, primarily due to lower rate term debt [14] Business Line Data and Key Metrics Changes - Revenue growth of 1.1% over Q3 2019 was achieved despite the pandemic's impact [9] - New lease rates in Minneapolis and Denver decreased by 7.2% and 8.9% respectively compared to Q3 2019 [10] - Revenue per unit increased from $1,028 per unit as of September 30, 2019, to $1,104 per unit as of September 30, 2020 [9] Market Data and Key Metrics Changes - The economic downturn affected the Twin Cities and Denver markets, but secondary markets like Montana, Nebraska, and the Dakotas showed strong revenue gains [5] - Multi-family transaction volume was down 68% in Q2 and 50% in Q3 compared to the same period in 2019 [7] - Strong collections were reported with 98.8% of expected residential revenue collected [10] Company Strategy and Development Direction - The company remains focused on increasing exposure to strong markets and improving per share metrics while maintaining financial flexibility [8] - The strategy includes monitoring investment opportunities in Minneapolis, Denver, and Nashville, with a focus on markets with strong job and income growth [21] - The company plans to continue value-add renovations and unit upgrades, targeting $10 to $15 million in investments annually [71] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the ability to increase margins despite challenges such as flat revenue growth and rising operational costs [11] - The impact of COVID-19 and social unrest on urban markets was acknowledged, with expectations for recovery as conditions stabilize [49] - Future challenges include potential headwinds from increased insurance costs and real estate taxes due to budget shortfalls from COVID-related shutdowns [18] Other Important Information - The company sold four least efficient assets and acquired a 465-home community in Denver, enhancing operational efficiencies [5] - Total liquidity as of September 30, 2020, was $132 million, including $115 million available under an unsecured line of credit [17] Q&A Session Summary Question: How is the company thinking about expanding in larger markets versus maintaining exposure to smaller markets? - The company remains focused on markets with real depth and observable job growth, while also being open to maintaining a slice of diversity in smaller markets [21] Question: What are the biggest drivers of stability in the portfolio? - The stability is attributed to a mix of urban and suburban markets, with less regulation around COVID precautions benefiting the Midwest [22][23] Question: Can you comment on the decline in new lease rates and month-to-month trends? - Month-to-month trends are closely monitored, with stronger renewal trends observed, but urban markets continue to show consistent declines [26][27] Question: How does the company view dispositions and the impact of 1031 buyers? - The company remains opportunistic regarding dispositions, with a focus on pricing and market conditions [34] Question: What is the company's strategy regarding redevelopment spending? - The company plans to continue investments in redevelopment as long as they meet return expectations, with a focus on high-demand renovated products [40][41] Question: What is the current occupancy and new lease rate growth? - Preliminary October results indicate a weighted average occupancy of 94% and new lease rates down 1.1% [56]