PR Newswire | Jan 21, 2021 04:30PM EST

01/21 15:30 CST

Centerspace Announces 2020 Dividend Allocations MINNEAPOLIS, Jan. 21, 2021

MINNEAPOLIS, Jan. 21, 2021 /PRNewswire/ -- Centerspace (NYSE: CSR) announced today the tax treatment (Form 1099-DIV) for calendar year 2020 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 RecordPayableCash Ordinary Return ofTotal Unrecaptured Date Date DistributionTaxable Capital Capital Section 1250Description Per Share Distribution Gain Gain

Common 01/02/01/15/ $0.700000 $0.055360 $0.549265$0.095375$0.095375 Shares 20 20

CUSIP: 03/31/04/09/ $0.700000 $0.055360 $0.549265$0.095375$0.095375 15202L1070 20 20

Symbol: CSR06/30/07/10/ $0.700000 $0.055360 $0.549265$0.095375$0.095375 20 20

09/30/10/09/ $0.700000 $0.055360 $0.549265$0.095375$0.095375 20 20

$2.800000 $0.221440 $2.197060$0.381500$0.381500



Security RecordPayableCash Ordinary Return ofTotal Unrecaptured Date Date DistributionTaxable Capital Capital Section 1250Description Per Share Distribution Gain Gain

Series C 03/16/03/31/ $0.4140625 $0.3576465 $0.000000$0.0564160$0.0564160 Preferred 20 20

Shares 06/15/06/30/ $0.4140625 $0.3576465 $0.000000$0.0564160$0.0564160 20 20

CUSIP: 09/15/09/30/ $0.4140625 $0.3576465 $0.000000$0.0564160$0.0564160 15202L2060 20 20

Symbol: CSR12/15/12/31/ $0.4140625 $0.3576465 $0.000000$0.0564160$0.0564160 20 20

$1.6562500 $1.4305860 $0.000000$0.2256640$0.2256640



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 now owns 68 apartment communities consisting of 12,166 homes located in Colorado, Minnesota, Montana, Nebraska, North Dakota, and South Dakota. Centerspace was named a Top Workplace for 2020 by theMinneapolis Star Tribune. For more information, please visit www.centerspacehomes.com.

Contact InformationEmily Miller, Investor RelationsPhone : (701) 837-7104E-mail : IR@centerspacehomes.com

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SOURCE Centerspace