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Security Profile
- Security Type
- Real Estate Investment Trust (REIT)
- CUSIP
- 461730509 (prev. 461730103 )
- Market Cap
- Mid Cap · $785 Million
- Previous Symbol
- IRET (changed 12/21/2020)
Business: Investors Real Estate Trust d/b/a Centerspace is a real estate company focused on the ownership, management, acquisition, redevelopment, and development of apartment communities. Centerspace owns interests in apartment homes throughout the Midwest.
Notes: December 9, 2020 -- NYSE: IRET. IRET, a real estate company focused on the ownership, management, acquisition, and development of apartment communities announces that it is now Centerspace. The name and new brand platform reflect both the evolution of the company and its vision for the future. A redesigned company logo and website will be launched on December 10th. The legal name of the company will continue to be Investors Real Estate Trust, doing business as Centerspace. The company will refer to itself as Centerspace immediately and beginning December 21, 2020 its common shares of beneficial interest trading on the New York Stock Exchange under the ticker symbol “CSR”, and its Series C Cumulative Redeemable Preferred Shares trading under the ticker symbol “CSR PRC.” Outstanding share certificates of the company continue to be valid and will not be exchanged. <p> Dec. 31, 2018 -- IRET (NYSE: IRET) announced today that it has completed its previously announced 1-for-10 reverse stock split of its outstanding shares of common stock and operating units. The reverse stock split took effect after the market closed on December 27, 2018. IRET shares will continue to trade on the NYSE under the same ticker "IRET" and with a new CUSIP number (461730 509).
Company Contact
- CEO
- Mark O. Decker Jr.
- CFO
- John Kirchmann
- Headquarters
- 1400 31st Ave SW, Suite 60, Minot, ND 58702
- Phone
- 701-837-4738 · Toll-Free 888-478-4738
- Fax
- 701-838-7785
- Investor Relations
- Emily Miller · 701-837-7104 · ir@centerspacehomes.com