---
schema_version: "secwatch.filing_event.v1"
accession: "0000798359-24-000021"
form_type: "8-K"
ticker: "CSR"
cik: "0000798359"
company_name: "CENTERSPACE"
filed_at: "2024-02-20T23:59:59+00:00"
generated_at: "2026-06-05T23:37:23.690234+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Centerspace Q4 net loss $0.65/sh; FY Core FFO $4.78; same-store NOI +9%; dividend increase and 2024 outlook

## Summary
- Q4 net loss per diluted share ($0.65) vs ($0.24) prior year; full year net income $2.32 vs ($1.35).
- Core FFO per diluted share $1.22 in Q4 (vs $1.17) and $4.78 for full year (vs $4.43).
- Same-store NOI increased 7.6% in Q4 and 9.0% for full year YoY.
- Company announced dividend increase and provided 2024 financial outlook (specifics not in excerpt).
- Entered employment agreement with CFO Bhairav Patel: $400k base salary, STI/LTI targets 100% each.

## SEC filing metadata
- accession: 0000798359-24-000021
- form_type: 8-K
- ticker: CSR
- cik: 0000798359
- company_name: CENTERSPACE
- filed_at: 2024-02-20T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01, 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/798359/000079835924000021/0000798359-24-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/798359/000079835924000021/iret-20240220.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000798359-24-000021
- JSON: https://secwatch.observer/filing/0000798359-24-000021.json
- Plain text: https://secwatch.observer/filing/0000798359-24-000021.txt

## Key facts
- Earnings Releases
  CENTERSPACE reported the year ended December 31, 2023 results: net income $2.32 per diluted share, EPS $2.32 per diluted share. Guidance initiated.
  - Period: the year ended December 31, 2023
  - Net income: $2.32 per diluted share
  - EPS: $2.32 per diluted share
  - Guidance: initiated
  - Result: reported results
  source text: Centerspace (NYSE: CSR) announced today its financial and operating results for the year ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/798359/000079835924000021/0000798359-24-000021-index.htm

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