secwatch.observer — SEC 8-K summary
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Issuer:     CENTERSPACE (CSR)
CIK:        0000798359
Form:       8-K
Filed at:   2025-05-01T23:59:59+00:00
Accession:  0000798359-25-000042
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01, 7.01
LLM model:  deepseek-v4-flash:cloud@v2

Centerspace Q1 net loss narrows to $0.22/share; reaffirms 2025 Core FFO guidance
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- Net loss per diluted share $(0.22) vs $(0.37) in Q1 2024; FFO diluted $1.17 vs $1.16.
- Core FFO per diluted share $1.21 vs $1.23 YoY; 2025 Core FFO guidance reaffirmed.
- Same-store revenue +3.5% YoY, expenses +5.8%, NOI +2.1%; occupancy 95.8% (up from 94.6%).
- Blended lease rate growth +0.7% (new -1.1%, renewal +3.5%); retention rate 49.2%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/798359/000079835925000042/0000798359-25-000042-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/798359/000079835925000042/iret-20250501.htm
  HTML page:      https://secwatch.observer/filing/0000798359-25-000042

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