Liquidity PositionCSR is in a good position from a liquidity standpoint with $11.9 million of cash along with $211.3 million available on the line of credit for total liquidity of $223.2 million.
Market ValuationCSR shares trade at a significant discount to NAV and large-cap multifamily sector averages, presenting a potential investment opportunity.
Occupancy RatesWeighted average occupancy was 95.8% which was up 120 basis points year-over-year and up 20 basis points from the previous quarter, highlighting the company's focus on maintaining strong occupancy.