secwatch.observer — SEC 8-K summary
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Issuer:     CENTERSPACE (CSR)
CIK:        0000798359
Form:       8-K
Filed at:   2024-10-28T23:59:59+00:00
Accession:  0000798359-24-000123
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Centerspace reports Q3 net loss of $0.40/diluted share; raises 2024 Core FFO guidance midpoint
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- Net loss per diluted share of ($0.40) vs net income of $0.41 in Q3 2023.
- Core FFO per diluted share was $1.18, down from $1.20 YoY; FFO diluted $1.01 vs $1.15.
- Same-store NOI grew 2.8% YoY (revenue +3.0%, expenses +3.2%).
- Same-store occupancy 95.3% (up from 94.6% YoY); blended lease rate growth 1.5% (vs 3.6%).
- Company raised midpoint of 2024 Core FFO per share guidance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/798359/000079835924000123/0000798359-24-000123-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/798359/000079835924000123/iret-20241028.htm
  HTML page:      https://secwatch.observer/filing/0000798359-24-000123

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer