On August 21, 2026, Centerspace (ticker: CSR) notified its credit facility agent that it's terminating the expansion option it previously exercised, dropping its total borrowing capacity from $400 million back down to $250 million — a $150 million reduction. The change takes effect August 28, 2026, and all other terms of the credit agreement stay the same. The company had bumped the facility up from $250 million to $400 million in May 2025 and is now essentially undoing that increase.
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