| Name of Subsidiary | State of Incorporation or Organization | |||||||
| Centerspace, Inc. | North Dakota | |||||||
| Centerspace, LP, a North Dakota Limited Partnership | North Dakota | |||||||
| CSR - Bayberry Place, LLC | Minnesota | |||||||
| CSR - Elements, LLC | Minnesota | |||||||
| CSR - Gatewood Waite Park, LLC | Minnesota | |||||||
| CSR - Grove Ridge, LLC | Minnesota | |||||||
| CSR - Legacy Waite Park, LLC | Minnesota | |||||||
| CSR - Martin Blu, LLC | Minnesota | |||||||
| CSR - New Hope Hillsboro, LLC | Minnesota | |||||||
| CSR - New Hope Village, LLC | Minnesota | |||||||
| CSR - Palisades, LLC | Minnesota | |||||||
| CSR - Plymouth Pointe, LLC | Minnesota | |||||||
| CSR - Pointe West, LLC | Minnesota | |||||||
| CSR - River Pointe, LLC | Minnesota | |||||||
| CSR - Southdale Parc, LLC | Minnesota | |||||||
| CSR - The Calhoun, LLC | Minnesota | |||||||
| CSR - West Calhoun, LLC | Minnesota | |||||||
| CSR - Windsor Gates, LLC | Minnesota | |||||||
| CSR - Wingate Realty, LLC | Minnesota | |||||||
| CSR - Woodhaven Group, LLC | Minnesota | |||||||
| CSR - Woodland Pointe, LLC | Minnesota | |||||||
| CSR - Zest, LLC | Minnesota | |||||||
| IRET-71 France, LLC | North Dakota | |||||||
| IRET - Canyon Lake, LLC | North Dakota | |||||||
| IRET - Cardinal Point, LLC | North Dakota | |||||||
| IRET - Cimarron Hills, LLC | North Dakota | |||||||
| IRET - Colony Apartments (NE), LLC | Delaware | |||||||
| IRET-Cypress Court Apartments, LLC | North Dakota | |||||||
| IRET - Grandville, LLC | North Dakota | |||||||
| IRET - Ironwood, LLC | Minnesota | |||||||
| IRET - Lakeside Apartments (NE), LLC | Delaware | |||||||
| IRET-QR, LLC | Delaware | |||||||
| IRET-Quarry Ridge, LLC | Delaware | |||||||
| IRET-RED 20, LLC | North Dakota | |||||||
| IRET - SH1, LLC | North Dakota | |||||||
| IRET - South Fork Apartments, LLC | North Dakota | |||||||
| IRET - Thomasbrook Apartments, LLC | North Dakota | |||||||
| IRET - Valley Park Manor, LLC | North Dakota | |||||||
| IRET - West Stonehill Apartments, LLC | North Dakota | |||||||
| IRET - Whispering Ridge Apartments, LLC | Delaware | |||||||