Centerspace (CSR) Q3 2024 Earnings Call Transcript

Centerspace (NYSE:CSR) Q3 2024 Earnings Conference Call October 29, 2024 10:00 AM ET

Company Participants

Josh Klaetsch – IR
Anne Olson – President and CEO
Bhairav Patel – EVP and CFO
Grant Campbell – SVP, Investments

Conference Call Participants

Brad Heffern – RBC Capital Markets
John Kim – BMO Capital Markets
Connor Mitchell – Piper Sandler
Cooper Clark – Wells Fargo
Rob Stevenson – Janney
Michael Gorman – BTIG
Mason Guell – Baird

Operator

Hello, everyone, and welcome to the Centerspace Q3 2024 Earnings Call. My name is Ezra, and I will be your coordinator today. [Operator Instructions] I will now hand you over to your host, Josh Klaetsch at Centerspace to begin. Josh, please go ahead.

Josh Klaetsch

Good morning. Centerspace’s Form 10-Q for the quarter ended September 30, 2024, was filed with the SEC yesterday after the market-closed. Additionally, our earnings release and supplemental disclosure package have been posted to our website at centerspacehomes.com and filed on Form 8-K. It is important to note that today’s remarks will include statements about our business outlook and other forward-looking statements that are based on management’s current views and assumptions. These statements are subject to risks and uncertainties discussed in our filings under the section titled Risk Factors and in our other filings with the SEC.

We cannot guarantee that any forward-looking statements will materialize, and you are cautioned not to place undue reliance on these forward-looking statements. Please refer to our earnings release for reconciliations of any non-GAAP information, which may be discussed on today’s call.

I’ll now turn it over to Centerspace’s President and CEO, Anne Olson, for the company’s prepared remarks.

Anne Olson

Good morning, everyone, and thank you for joining Centerspace’s third quarter earnings call. With me this morning are Bhairav Patel, our Chief Financial Officer; and Grant Campbell, our Senior Vice President