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Independence Realty to acquire Centerspace, Inc.

PRIVATESep 09, 2026about 3 hours ago

Acquiring Company

Independence Realty

Acquired Company

Centerspace

MilwaukeeMinotReal EstateHospitalityProperty ManagementCommercial Real EstateReal EstateHospitality

Description

Independence Realty plans to acquire Centerspace, Inc. in a deal where Centerspace shareholders will receive 3.800 shares of Independence Realty common stock for each share held. Ademi LLP is investigating the acquisition price and potential benefits to company insiders, aiming to ensure that shareholder interests are protected.

Company Information

Company

Independence Realty

Location

Milwaukee, Wisconsin, United States

About

Independence Realty is a real estate investment trust focused on the acquisition, ownership, and operation of apartment communities. The company seeks to provide high-quality living spaces and superior tenant experiences. With a robust portfolio, Independence Realty aims for sustainable growth and value creation.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Centerspace?

Centerspace was acquired by Independence Realty, based in Milwaukee. The deal was reported on September 9, 2026. Independence Realty is a real estate investment trust focused on the acquisition, ownership, and operation of apartment communities. Independence Realty is privately held and operates in Real Estate.

When did Independence Realty acquire Centerspace?

Independence Realty's acquisition of Centerspace was reported on September 9, 2026. Independence Realty plans to acquire Centerspace, Inc. in a deal where Centerspace shareholders will receive 3.800 shares of Independence Realty common stock for each share held. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Centerspace do?

Centerspace is an owner and operator of apartment communities committed to providing great homes by focusing on integrity and serving others. It is publicly traded (CSR), operating in Real Estate, and is based in Minot.

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