secwatch.observer — SEC 8-K summary
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Issuer:     CENTERSPACE (CSR)
CIK:        0000798359
Form:       8-K
Filed at:   2023-02-21T23:59:59+00:00
Accession:  0000798359-23-000014
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/798359/000079835923000014/0000798359-23-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/798359/000079835923000014/iret-20230221.htm
  HTML page:      https://secwatch.observer/filing/0000798359-23-000014

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