CENTERSPACE ANNOUNCES 2024 DIVIDEND ALLOCATIONS

MINNEAPOLIS, Jan. 23, 2025 /PRNewswire/ — Centerspace (NYSE: CSR) announced today the tax treatment (Form 1099-DIV) for calendar year 2024 distributions on its common and preferred shares of beneficial interest. Shareholders are encouraged to consult with their personal tax advisors as to the specific tax treatment of their Centerspace distributions.

Security Description	Record Date	Payable Date	Cash Distribution Per Share	Box 1a Ordinary Taxable Dividend	Box 1b Qualified Dividend (1)	Box 2a Long-Term Capital Gain	Box 2b Unrecaptured Sec. 1250 Gain (2)	Box 3 Nondividend Distribution	Box 5 Section 199A Dividend (1)
Common Shares	12/29/23	01/12/24	$0.7300000	$0.3044544	$0.0000000	$0.0000000	$0.0000000	$0.4255456	$0.3044544
	03/28/24	04/08/24	$0.7500000	$0.3127957	$0.0000000	$0.0000000	$0.0000000	$0.4372043	$0.3127957
CUSIP: 15202L107	06/28/24	07/10/24	$0.7500000	$0.3127957	$0.0000000	$0.0000000	$0.0000000	$0.4372043	$0.3127957
Symbol: CSR	09/30/24	10/10/24	$0.7500000	$0.3127957	$0.0000000	$0.0000000	$0.0000000	$0.4372043	$0.3127957
			$2.9800000	$1.2428415	$0.0000000	$0.0000000	$0.0000000	$1.7371585	$1.2428415

Security Description	Record Date	Payable Date	Cash Distribution Per Share	Box 1a Ordinary Taxable Dividend	Box 1b Qualified Dividend (1)	Box 2a Long-Term Capital Gain	Box 2b Unrecaptured Sec. 1250 Gain (2)	Box 3 Nondividend Distribution	Box 5 Section 199A Dividend (1)
Series C Preferred	03/15/24	03/28/24	$0.4140625	$0.4140625	$0.0000000	$0.0000000	$0.0000000	$0.0000000	$0.4140625
Shares	06/14/24	06/28/24	$0.4140625	$0.4140625	$0.0000000	$0.0000000	$0.0000000	$0.0000000	$0.4140625
CUSIP: 15202L206	09/16/24	09/30/24	$0.4140625	$0.4140625	$0.0000000	$0.0000000	$0.0000000	$0.0000000	$0.4140625
Symbol: CSR PRC
			$1.2421875	$1.2421875	$0.0000000	$0.0000000	$0.0000000	$0.0000000	$1.2421875

(1) These amounts are a subset of, and included in, the amounts in Box 1a.

(2) These amounts are a subset of, and included in, the amounts in Box 2a.

About Centerspace

Centerspace is an owner and operator of apartment communities committed to providing great homes by focusing on integrity and serving others. Founded in 1970, the company currently owns 71 apartment communities consisting of 13,012 homes located in Colorado, Minnesota, Montana, Nebraska, North Dakota, and South Dakota. Centerspace was named a top workplace for the fifth consecutive year in 2024 by the Minneapolis Star Tribune. For more information, please visit www.centerspacehomes.com.

If you would like more information about this topic, please contact Josh Klaetsch, Investor Relations, at (952) 401-6600 or [email protected].

Contact Information

Josh Klaetsch, Investor Relations

Phone : (952) 401-6600

E-mail : [email protected]