MINNEAPOLIS, Jan. 24, 2023 /PRNewswire/ -- Centerspace (NYSE: CSR) announced today the tax treatment (Form 1099-DIV) for calendar year 2022 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	Ordinary Taxable Distribution	Return of Capital	Total Capital Gain	Unrecaptured Section 1250 Gain
Common Shares		01/03/22	01/14/22	$0.720000	$0.096624	$0.623376	$0.000000	$0.000000
CUSIP: 15202L107		03/31/22	04/11/22	$0.730000	$0.097966	$0.632034	$0.000000	$0.000000
Symbol: CSR		06/30/22	07/11/22	$0.730000	$0.097966	$0.632034	$0.000000	$0.000000
	09/30/22		10/11/22	$0.730000	$0.097966	$0.632034	$0.000000	$0.000000
				$2.910000	$0.390522	$2.519478	$0.000000	$0.000000

Security Description		Record Date	Payable Date	Cash Distribution Per Share	Ordinary Taxable Distribution	Return of Capital	Total Capital Gain	Unrecaptured Section 1250 Gain
Series C Preferred		03/15/22	03/31/22	$0.4140625	$0.4140625	$0.000000	$0.0000000	$0.0000000
Shares		06/15/22	06/30/22	$0.4140625	$0.4140625	$0.000000	$0.0000000	$0.0000000
CUSIP: 15202L206		09/15/22	09/30/22	$0.4140625	$0.4140625	$0.000000	$0.000000	$0.0000000
Symbol: CSRPRC	12/15/22		12/30/22	$0.4140625	$0.4140625	$0.000000	$0.000000	$0.0000000
				$1.6562500	$1.6562500	$0.000000	$0.0000000	$0.0000000

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 84 apartment communities consisting of 15,065 homes located in Colorado, Minnesota, Montana, Nebraska, North Dakota, and South Dakota. Centerspace was named a Top Workplace for 2022 by the Minneapolis Star Tribune. For more information, please visit www.centerspacehomes.com.

If you would like more information about this topic, please contact Joe McComish, Investor Relations, at (701) 837-7104 or IR@centerspacehomes.com.

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SOURCE Centerspace

CENTERSPACE ANNOUNCES 2022 DIVIDEND ALLOCATIONS