---
schema_version: "secwatch.filing_event.v1"
accession: "0000798359-23-000014"
form_type: "8-K"
ticker: "CSR"
cik: "0000798359"
company_name: "CENTERSPACE"
filed_at: "2023-02-21T23:59:59+00:00"
generated_at: "2026-06-19T07:32:30.093720+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "medium"
source: SEC EDGAR
---

# Centerspace reports FY2022 Core FFO of $4.43/share, up 11% YoY; provides 2023 outlook

## Summary
- Net loss per share diluted $(1.35) for FY2022 vs $(0.47) prior year; Q4 net loss $(0.24).
- Core FFO diluted $4.43 for FY2022, up from $3.99 in FY2021; Q4 Core FFO $1.17.
- Same-store NOI increased 9.0% for FY2022, driven by 10.0% revenue growth partially offset by 11.6% expense growth.
- Same-store weighted average occupancy improved to 94.5% for FY2022 from 94.3% in FY2021; Q4 occupancy 94.9%.
- Company provided 2023 financial outlook (specifics not detailed in excerpt).

## SEC filing metadata
- accession: 0000798359-23-000014
- form_type: 8-K
- ticker: CSR
- cik: 0000798359
- company_name: CENTERSPACE
- filed_at: 2023-02-21T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: medium
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/798359/000079835923000014/0000798359-23-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/798359/000079835923000014/iret-20230221.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000798359-23-000014
- JSON: https://secwatch.observer/filing/0000798359-23-000014.json
- Plain text: https://secwatch.observer/filing/0000798359-23-000014.txt

## Key facts
- Earnings Releases
  CENTERSPACE reported the year ended December 31, 2022 results: EPS Net loss per share - diluted $ (1.35).
  - Period: the year ended December 31, 2022
  - EPS: Net loss per share - diluted $ (1.35)
  - Result: reported results
  source text: Centerspace (the "Company") issued an earnings release on February 21, 2023, announcing certain financial and operational results for the year ended December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/798359/000079835923000014/0000798359-23-000014-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.