---
schema_version: "secwatch.filing_event.v1"
accession: "0000798359-26-000084"
form_type: "8-K"
ticker: "CSR"
cik: "0000798359"
company_name: "CENTERSPACE"
filed_at: "2026-08-14T20:15:17+00:00"
generated_at: "2026-08-14T20:22:53.018185+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Centerspace completes sale of 14 apartment communities for $318.8M; plans special distribution

## Summary
- Completed sale of 14 multifamily communities across Denver, Minneapolis, Rapid City, and Bismarck for aggregate gross proceeds of $318.8M.
- Net proceeds used to repay $176M revolving credit facility; potential special distribution of $50-60M to shareholders and OP unitholders.
- Pro forma 2025 net income available to common shareholders rises to $28.3M from $17.1M; 2026 six-month net loss narrows to $7.8M from $13.9M.
- Final Bismarck transaction closed Aug 11, 2026; all sales closed between June 29 and Aug 11, 2026.

## SEC filing metadata
- accession: 0000798359-26-000084
- form_type: 8-K
- ticker: CSR
- cik: 0000798359
- company_name: CENTERSPACE
- filed_at: 2026-08-14T20:15:17+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/798359/000079835926000084/0000798359-26-000084-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/798359/000079835926000084/iret-20260811.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000798359-26-000084
- JSON: https://secwatch.observer/filing/0000798359-26-000084.json
- Plain text: https://secwatch.observer/filing/0000798359-26-000084.txt

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