Centerspace, an apartment owner and operator with about 13,000 units, is exploring options to boost its financial performance, including a potential sale.
The company confirmed that its board of trustees initiated a review of its strategic alternatives earlier this fall.
“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 said in a press release.
Source: Apartment Owner Centerspace Mulls Sale