{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-26-035986","form_type":"8-K","ticker":"CSR","cik":"0000798359","company_name":"CENTERSPACE","filed_at":"2026-09-09T12:33:47+00:00","discovered_at":"2026-09-09T12:35:00.391295+00:00","generated_at":"2026-09-09T12:35:07.518474+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":1.0,"calibrated_materiality_score":1.0,"confidence":"high","headline":"Centerspace to be acquired by Independence Realty Trust in all-stock merger at 3.8x exchange ratio","bullets":["All-stock deal: each CSR share converts to 3.8 IRT shares; cash paid for fractional shares.","Both boards unanimously approved; closing requires CSR shareholder adoption and IRT shareholder approval of share issuance.","Termination fees: $45M from Centerspace, $60M from IRT; deal must close by June 30, 2027.","Two Centerspace independent trustees to join IRT board post-closing; Series D/E preferred units convert to IRT preferred units.","Pre-closing dividends capped at $0.77/share (CSR) and $0.18/share (IRT) per quarter; REIT dividends adjust exchange ratio."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-26-035986","json":"https://secwatch.observer/filing/0001140361-26-035986.json","markdown":"https://secwatch.observer/filing/0001140361-26-035986.md","text":"https://secwatch.observer/filing/0001140361-26-035986.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/798359/000114036126035986/0001140361-26-035986-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/798359/000114036126035986/ef20081761_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-09-09T12:35:07.518474+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}