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ACQUISITIONS AND DISPOSITIONS
 3 Months Ended
Mar. 31, 2024
Business Combination and Asset Acquisition [Abstract]  
ACQUISITIONS AND DISPOSITIONS ACQUISITIONS AND DISPOSITIONS
ACQUISITIONS
Centerspace did not acquire new real estate during the three months ended March 31, 2024 and 2023.
DISPOSITIONS
During the three months ended March 31, 2024, Centerspace disposed of two apartment communities in two exchange transactions for an aggregate sales price of $19.0 million. During the three months ended March 31, 2023, Centerspace disposed of nine apartment communities, in four exchange transactions for an aggregate sales price of $144.3 million. The dispositions for the three months ended March 31, 2024 and 2023 are detailed below.
Three Months Ended March 31, 2024
(in thousands)
DispositionsDate
Disposed		Sale Price
Net Book Value and Transaction Costs
Gain/(Loss)
69 homes - Southdale Parc - Richfield, MN
February 29, 2024$6,200 $6,497 $(297)
136 homes - Wingate - New Hope, MN
February 29, 2024$12,800 $13,080 $(280)
Total Dispositions$19,000 $19,577 $(577)
Three Months Ended March 31, 2023
(in thousands)
DispositionsDate
Disposed		Sale Price
Net Book Value and Transaction Costs
Gain/(Loss)
115 homes - Boulder Court - Eagan, MN
March 8, 2023$14,605 $4,970 $9,635 
498 homes - 2 Nebraska apartment communities
March 14, 2023$48,500 $14,975 $33,525 
892 homes - 5 Minnesota apartment communities
March 15, 2023$74,500 $55,053 $19,447 
62 homes - Portage - Minneapolis, MN
March 15, 2023$6,650 $9,098 $(2,448)
Total Dispositions$144,255 $84,096 $60,159