INVESTOR PRESENTATION February 27, 2026 centerspacehomes.com Noko Apartments – Minneapolis, MN SAFE HARBOR STATEMENT & LEGAL DISCLOSURES Certain statements in this presentation are based on Centerspace's current expectations and assumptions, and are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements do not discuss historical fact, but instead include statements related to expectations, projections, intentions, or other items re ...

Camden Lake Buena Vista – Orlando, FL Investor Presentation February 2026 2 The Right Product in the Right Markets Balance Sheet Strength and Liquidity Consistent Earnings and Dividend Growth Proven Record of Capital Recycling and Value Creation Innovation, Technology, and Talent = Operational Excellence Camden Tuscany – San Diego, CA Table of Contents | 2026 Highlights/Recent Updates | 4-5 | | --- | --- | | Company Overview | 6-13 | | 2026 Guidance | 14-19 | | Multifamily Fundamentals | 20-26 | | Capital R ...

This story was originally published on Multifamily Dive. To receive daily news and insights, subscribe to our free daily Multifamily Dive newsletter. Dive Brief: Falls Management Group has transferred operational responsibility for 10 troubled Houston properties, totaling 3,633 units, to Lynd Management Group, according to a press release shared with Multifamily Dive. The multifamily operator is implementing stabilization initiatives, including lease-up execution, operating discipline and targeted cost-co ...

This story was originally published on Multifamily Dive. To receive daily news and insights, subscribe to our free daily Multifamily Dive newsletter. American Landmark Apartments named Adam Smolyar as its chief innovation and technology officer to oversee the firm’s enterprise technology strategy, innovation agenda and digital transformation initiatives, the Tampa, Florida-based multifamily owner-operated announced Tuesday in a press release shared with Multifamily Dive. Smolyar told Multifamily Dive he i ...

In Plano, Mayor John Muns has described the new format as a downsized Target, offering a quick in-and-out experience that avoids the chaos of big-box parking lots.The increased prices allow Dollar Tree to absorb the higher lease costs that come with prime suburban real estate while still undercutting local supermarkets and pharmacies on household essentials, according to Realtor.com.Dollar Tree's move into upscale suburbs is supported by its evolving pricing model. After raising its baseline price to $1.25 ...

LOS ANGELES--(BUSINESS WIRE)---- $mmi #apartmentfinancing--Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE:MMI) dedicated to serving the company's institutional clients, announced today the sale and financing of Luxe Villas, a 60-unit multifamily asset in the Brentwood neighborhood of Los Angeles, California. The property sold for $49,494,000, or $824,900 per unit. "Luxe Villas is one of the premier multifamily assets in Brentwood,†said Kevin Green, IPA executive managing direc ...

EARNINGS RELEASE & SUPPLEMENTAL 2025 FINANCIAL INFORMATION Q4 | 2025 The Enclave at Potomac Club | Northern Virginia Dave Bragg, CFO - 720.398.0885 Trent Trujillo, Investor Relations - 720.283.6135 UDR, INC. | UDR.COM UDR Fourth Quarter 2025 Earnings Supplement | 4Q 2025 Earnings Press Release Pages 1-6 | | | --- | --- | | Company | Financial Highlights | | Consolidated Statements of Operations Attachment 1 | Funds From Operations (FFO), FFO as Adjusted, AFFO Attachment 2 | | Consolidated Balance Sheets Att ...

Core Viewpoint - Aimco's stockholders have overwhelmingly approved the Plan of Sale and Liquidation proposed by the Board of Directors, indicating strong support for the company's strategic direction [1] Group 1: Liquidation and Distributions - Following the approval of the Plan, the Board declared a liquidating distribution of $1.45 per share, funded by the net proceeds from the December 2025 sale of Aimco's Brickell Assemblage, to be paid on March 13, 2026, to stockholders of record as of February 27, 2026 [2] - Aimco expects to distribute between $0.85 and $0.95 per share during the second quarter, contingent on the successful closing of properties currently under contract, after accounting for debt and transaction costs [3] Group 2: Property Sales and Strategy - Aimco has entered into agreements with four buyers to sell 12 properties for a gross price of approximately $680 million, with $30 million in non-refundable deposits already secured [2] - The company is focused on the efficient sale of its holdings to maximize stockholder value and plans to market its remaining stabilized properties and all land, development, and lease-up properties by mid-2026 [4] Group 3: Company Overview - Aimco is a diversified real estate company primarily targeting value-add and opportunistic investments in the U.S. multifamily sector, aiming to create substantial value for investors and communities [7]

Financial Data and Key Metrics Changes - The company achieved same-property revenue growth of 3.3% for 2025, which was at the high end of guidance and 30 basis points ahead of original projections [10][12] - FFO per share growth is expected to be flat year-over-year for 2026, reflecting a conservative modeling approach due to redemptions within the Structured Finance portfolio [13][14] - Same-property NOI growth is forecasted to increase by 2.1% at the midpoint for 2026 [12] Business Line Data and Key Metrics Changes - The fourth quarter saw a blended lease rate growth of 1.9% and occupancy increased by 20 basis points sequentially to 96.3% [4][5] - Los Angeles showed the best occupancy improvement, increasing 70 basis points sequentially, indicating progress towards stabilization [5][28] Market Data and Key Metrics Changes - Northern California outperformed expectations due to technology sector expansion, favorable migration trends, and limited new housing supply [4][6] - Rent growth across most Essex markets outperformed the U.S. average, demonstrating the advantage of limited housing supply even in a soft employment environment [4][6] Company Strategy and Development Direction - The company anticipates steady West Coast fundamentals to deliver solid blended rent growth above the U.S. average in 2026, led by Northern California [6][7] - The investment market remains healthy with $12.6 billion of non-portfolio institutional multifamily transactions in 2025, a 43% increase compared to 2024 [8] Management's Comments on Operating Environment and Future Outlook - The management noted that job growth is moderating, and major employers are cautious about hiring, which could temper near-term demand acceleration [6][7] - There is optimism regarding Northern California's recovery, supported by increased VC funding and positive office absorption [20][22] Other Important Information - The company is well-positioned from a funding perspective, with free cash flow covering dividends and planned capital expenditures [14][15] - The structured finance book is expected to stabilize, with a focus on new opportunities to backfill redemptions [60] Q&A Session Summary Question: Thoughts on demand for assets in Northern California and Seattle - Management acknowledged that Northern California is recovering, with job openings at top tech companies showing stability, while Seattle faced softness in the fourth quarter [18][21] Question: Expectations for new and renewal lease blends - The company expects new leases to grow flat to 2% and renewals around 3%-4% for the year [24] Question: Performance expectations for Los Angeles - Management indicated steady improvement in occupancy, with hopes to reach stabilization at 95% soon [28][29] Question: Cap rates and investment opportunities in Southern California - The company noted a healthy environment with transactions occurring in the 4.5-4.75 cap rate range, and they will evaluate opportunities to create value [35][39] Question: Legislative impacts on rental housing - Management reported no significant impact from immigration policies, with trends returning to pre-COVID levels [55][100] Question: Changes in move-in pace from outside core markets - An increase in immigration trends was noted, particularly in the northern region, driven by return-to-office policies [100]

Financial Data and Key Metrics Changes - The company achieved same-property revenue growth of 3.3% for 2025, at the high end of guidance and 30 basis points ahead of original projections [10] - FFO per share growth is expected to be flat year-over-year for 2026, reflecting a conservative modeling approach [13][14] - Same-property NOI growth is forecasted to increase by 2.1% at the midpoint for 2026 [12] Business Line Data and Key Metrics Changes - Blended lease rate growth was 1.9% in the fourth quarter, with occupancy increasing by 20 basis points to 96.3% [4] - Los Angeles showed the best occupancy improvement, increasing by 70 basis points sequentially [5] - The company anticipates blended lease rate growth of 2.5% at the midpoint for 2026, with new leases expected to range from flat to 2% and renewals around 3%-4% [24] Market Data and Key Metrics Changes - Northern California outperformed expectations due to technology sector expansion and favorable migration trends [4] - Rent growth across most Essex markets outperformed the U.S. average, demonstrating the advantage of limited housing supply [4] - Seattle experienced soft performance in the fourth quarter, with several corporate layoffs impacting expectations [21] Company Strategy and Development Direction - The company plans to continue evaluating opportunities and allocate capital with a focus on creating shareholder value [9] - The investment strategy emphasizes FFO per share and NAV per share accretion, targeting investments with higher growth profiles [35] - The company is cautious about new developments, indicating that significant reductions in land prices or substantial rent growth are needed for new projects to be economically viable [49] Management's Comments on Operating Environment and Future Outlook - The management noted a slow but stable economic growth outlook for the U.S. in 2026, with job growth expected to remain consistent [6] - There is a cautious approach to hiring among major employers, which could temper near-term demand acceleration [7] - The company sees potential for improvement in Northern California due to increased venture capital funding and positive office absorption trends [20] Other Important Information - The company reported $12.6 billion in non-portfolio institutional multifamily transactions in 2025, a 43% increase from 2024 [8] - The company has over $1.7 billion in liquidity and is well-positioned from a funding perspective [15] - Advocacy costs were $2 million in 2025, with expectations for minimal advocacy costs in 2026 [87] Q&A Session Summary Question: Thoughts on demand for assets in Northern California and Seattle - Management noted that Northern California is showing signs of recovery, with job openings at tech companies stabilizing, while Seattle's performance was soft due to layoffs [18][21] Question: Expectations for new and renewal lease blends - Management expects new leases to be flat to 2% and renewals around 3%-4% for the year [24] Question: Performance expectations for Los Angeles - Management indicated steady improvement in occupancy, with economic occupancy at 94.7%, close to stabilization [28] Question: Impact of immigration on demand - Management has not seen a direct impact from immigration but noted an increase in immigration trends in the northern region [101] Question: Legislative impacts on rental housing - Management is monitoring policy changes but has not seen significant adverse impacts from recent legislative trends [60][96]