Centerspace

CSR SHAREHOLDER ALERT: Ademi LLP Investigates Whether Buyout Fairly Values Centerspace

Centerspace shareholders will receive only 3.800 shares of IRT common stock for each Centerspace share held, with Centerspace shareholders holding just 22% of the combined company; Ademi LLP is investigating the deal price, benefits to company insiders, and restrictions on competing offers

September 9, 2026

MILWAUKEE (PRNewswire) — Ademi LLP is investigating whether the proposed acquisition of Centerspace, Inc. (NYSE: CSR) by Independence Realty provides fair value to Centerspace’s public shareholders and whether Centerspace’s Board adequately protected shareholder interests in negotiating and approving the transaction.

Are You a Centerspace (CSR) Shareholder?

If you own Centerspace shares, Ademi LLP would like to hear from you about the proposed acquisition and your rights as a shareholder.

You may also contact Guri Ademi at gademi@ademilaw.com or toll-free at 866-264-3995.

There is no cost or obligation to you.

What Is Ademi LLP Investigating?

• The exchange ratio and whether it adequately reflects Centerspace’s value and future prospects;
• Substantial change-of-control benefits available to Centerspace insiders in connection with the transaction;
• Restrictions on competing transactions, including a significant termination penalty that may discourage another potential buyer from making a superior proposal; and

The conduct of Centerspace’s Board of Directors in negotiating and approving the transaction and whether the Board fulfilled its duties to public shareholders.