---
schema_version: "secwatch.filing_event.v1"
accession: "0000798359-25-000012"
form_type: "8-K"
ticker: "CSR"
cik: "0000798359"
company_name: "CENTERSPACE"
filed_at: "2025-02-18T23:59:59+00:00"
generated_at: "2026-05-26T18:10:31.896078+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Centerspace posts full-year 2024 net loss of $1.27/diluted share vs $2.32 profit in 2023

## Summary
- Core FFO per diluted share rose 2.1% to $4.88 in 2024 from $4.78 in 2023.
- Same-store NOI increased 3.7% YoY, driven by 3.3% revenue growth and 2.7% expense growth.
- Same-store blended lease rate growth slowed to 1.9% in 2024 from 3.3% in 2023.
- Same-store weighted average occupancy improved to 95.2% from 94.9%, but retention fell to 56.6% from 59.0%.
- Company also adopted non-substantive updates to Code of Conduct and Financial Code of Ethics.

## SEC filing metadata
- accession: 0000798359-25-000012
- form_type: 8-K
- ticker: CSR
- cik: 0000798359
- company_name: CENTERSPACE
- filed_at: 2025-02-18T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01, 5.05
- EDGAR index: https://www.sec.gov/Archives/edgar/data/798359/000079835925000012/0000798359-25-000012-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/798359/000079835925000012/iret-20250218.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000798359-25-000012
- JSON: https://secwatch.observer/filing/0000798359-25-000012.json
- Plain text: https://secwatch.observer/filing/0000798359-25-000012.txt

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