---
schema_version: "secwatch.filing_event.v1"
accession: "0000798359-23-000102"
form_type: "8-K"
ticker: "CSR"
cik: "0000798359"
company_name: "CENTERSPACE"
filed_at: "2023-10-11T23:59:59+00:00"
generated_at: "2026-06-10T01:53:57.824664+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Centerspace enters Fort Collins MSA with $94.5M acquisition; exits Minot with $82.5M sale

## Summary
- Acquired Lake Vista Apartment Homes (303 units, Loveland, CO) for $94.5M; assumed $52.7M debt at 3.45% interest-only through June 2024.
- Sold four apartment communities and commercial space in Minot, ND for $82.5M, exiting that market entirely.
- Proceeds funded the Lake Vista acquisition and general corporate purposes; CEO cites portfolio quality and balance sheet strength.
- Fort Collins MSA is new for Centerspace, extending its Mountain West platform with healthcare, tech, and education employers.

## SEC filing metadata
- accession: 0000798359-23-000102
- form_type: 8-K
- ticker: CSR
- cik: 0000798359
- company_name: CENTERSPACE
- filed_at: 2023-10-11T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/798359/000079835923000102/0000798359-23-000102-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/798359/000079835923000102/csr-20231011.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000798359-23-000102
- JSON: https://secwatch.observer/filing/0000798359-23-000102.json
- Plain text: https://secwatch.observer/filing/0000798359-23-000102.txt

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