Jay Rosenberg
Effective July 8, 2024, the Board of Trustees (the “Board”) of Centerspace (the “Company”) appointed Jay Rosenberg as a Trustee.
Highest-materiality recent filing
Centerspace cuts credit facility capacity by $150M to $250M
On Aug 21, 2026, notified Bank of Montreal of election to terminate accordion option.
Centerspace completes sale of 14 apartment communities for $318.8M; plans special distribution
Completed sale of 14 multifamily communities across Denver, Minneapolis, Rapid City, and Bismarck for aggregate gross proceeds of $318.8M.
Centerspace publishes 2025 ESG report; first year of UN SDG goal tracking
Seventh annual ESG report released Aug 10, 2026; follows 2019 formation of ESG Committee.
Centerspace Q2 2026 net loss narrows to $0.07/share; FFO dips to $1.20
Net loss per diluted share of $0.07 vs. $0.87 loss in Q2 2025; Core FFO $1.27 vs. $1.28.
Centerspace approves $240-245M asset sales; exits Bismarck and Rapid City
Plans $240-245M of asset sales in 2026 across 12 communities, exiting Bismarck and Rapid City plus one Denver property.
Centerspace shareholders elect all trustees, approve say-on-pay, ratify auditor
All six trustee nominees elected with between 13.5M and 13.6M common shares for each.
Presentation includes financial and operational results for quarter ended March 31, 2026 and year-to-date data.
Centerspace reports Q1 2026 net loss $0.77/shr, Core FFO $1.12 vs $1.21 YoY; reaffirms 2026 outlook
Net loss diluted $0.77 per share vs $0.22 loss in Q1 2025.
Centerspace board member Emily Nagle Green to retire after 2026 annual meeting
Emily Nagle Green notified Centerspace she will not stand for re-election to the Board.
Centerspace releases FY2025 investor presentation; specific figures not available in filing text
Presentation includes financial and operational results for year ended December 31, 2025 and YTD operating data.
Centerspace Q4 net loss per share widens to $1.10; FFO rises to $1.14
Q4 2025 net loss per share $(1.10) vs $(0.31) in Q4 2024; diluted FFO $1.14 vs $1.09, Core FFO $1.25 vs $1.21.
Centerspace posts investor presentation with YTD 2025 results; no specific data in filing excerpt
Investor presentation includes financial and operational results for nine months ended September 30, 2025.
Centerspace Q3 net income $3.19/diluted share, FFO $1.19, Core FFO $1.19
Net income diluted per share $3.19 vs $(0.40) in Q3 2024; FFO diluted $1.19 vs $1.01.
Centerspace sells five St. Cloud communities for $124M, exits market
Completed sale of five St. Cloud, MN communities (832 homes) for $124.0M.
Centerspace posts investor presentation; specific results not available in filing text
Investor presentation posted on September 5, 2025 for meetings with certain investors.
Centerspace publishes 2024 ESG report; GRESB score rises to 70 from 63
Sixth annual ESG report and inaugural TCFD report released on August 13, 2025.
Centerspace shareholders approve 2025 Incentive Plan; plan effective June 1, 2025
Shareholders approved the Centerspace 2025 Incentive Plan at the Annual Meeting on May 14, 2025.
Centerspace Q2 net loss widens to $0.87/share; authorizes $100M share repurchase
Q2 net loss per share $0.87 vs $0.19 prior year; Core FFO flat at $1.28.
Acquired Sugarmont in Salt Lake City for $149M; signed to buy 420-home Fort Collins community for ~$132M including $76M debt assumption.
Centerspace shareholders re-elect all trustees, approve say-on-pay and 2025 Incentive Plan
All seven trustee nominees elected with over 93% of votes cast in favor; highest vote-getter Anne Olson received 99.6%.
Centerspace Q1 net loss narrows to $0.22/share; reaffirms 2025 Core FFO guidance
Net loss per diluted share $(0.22) vs $(0.37) in Q1 2024; FFO diluted $1.17 vs $1.16.
Jeff Caira to retire from Centerspace Board at May 2025 Annual Meeting
Jeff Caira, board member since 2015, will retire as trustee after the May 14, 2025 Annual Meeting.
Centerspace posts investor presentation with FY2024 results; specifics not available in excerpt
Investor presentation posted to company website on February 28, 2025.
Centerspace posts full-year 2024 net loss of $1.27/diluted share vs $2.32 profit in 2023
Core FFO per diluted share rose 2.1% to $4.88 in 2024 from $4.78 in 2023.
Centerspace posts Q3 2024 investor presentation; specific results not available in excerpt
Investor presentation includes financial and operational results for three and nine months ended September 30, 2024.
Centerspace reports Q3 net loss of $0.40/diluted share; raises 2024 Core FFO guidance midpoint
Net loss per diluted share of ($0.40) vs net income of $0.41 in Q3 2023.
Centerspace expands Denver presence with $54M acquisition of The Lydian; redeems Series C preferred
Acquired 129-home community The Lydian in Denver for $54M; includes 23K sq ft retail space.
Centerspace posts investor presentation; specific results not available in filing excerpt
Company posted an investor presentation on September 10, 2024 for meetings with certain investors.
Centerspace increases ATM offering capacity by $250M to $500M; adds agents, shortens settlement
Amendment raises maximum aggregate offering price by $250M to $500M under Equity Distribution Agreement.
Centerspace declares $0.75 quarterly div, redeems Series C Preferred $98.64M via ATM
Quarterly common dividend of $0.75/share payable Oct 10, 2024 to holders of record Sept 30.
Centerspace publishes fifth annual ESG report with key sustainability milestones
Achieved 81% energy usage data coverage, surpassing 2027 target of 75%.
Centerspace reports Q2 2024 FFO of $1.23/sh, raises 2024 Core FFO guidance mid-point
Net loss per share improved to -$0.19 from -$0.23 in Q2 2023.
Centerspace appoints Jay Rosenberg to Board of Trustees effective July 8, 2024
Jay Rosenberg joined the Board and will serve on the Nominating and Corporate Governance Committee.
Centerspace posts investor presentation on Q1 2024 results for meetings
Centerspace posted an investor presentation to its website on May 31, 2024.
All seven trustee nominees elected: Schissel, Caira, Green, Hixon, Jones-Tyson, Olson, Twinem; no dissident vote.
Centerspace amends ATM agreement, adds BTIG and Nomura as agents; registers remaining $126.6M
Amendment adds BTIG, LLC as manager and Nomura Securities as forward seller for common share sales.
Presentation posted to website for investor meetings; contains Q1 2024 financial and operational results.
Centerspace Q1 Core FFO $1.23/share, raises 2024 Core FFO guidance mid-point
Net loss per diluted share $(0.37) vs $2.76 year ago; Core FFO up 15% YoY to $1.23.
Centerspace posts investor deck; no specific data in filing
Presentation posted to website on March 19, 2024; intended for investor meetings.
Q4 net loss per diluted share ($0.65) vs ($0.24) prior year; full year net income $2.32 vs ($1.35).
Centerspace appoints Ola Oyinsan Hixon to Board of Trustees effective Jan 23, 2024
Ola Oyinsan Hixon appointed as independent Trustee effective January 23, 2024.
Centerspace reports Q3 YTD NOI growth 9.5%, reaffirms 2023 FFO guidance
Q3 YTD 2023 same-store revenue +8.3%, expenses +6.6%, NOI +9.5% (above mid-point of guidance).
Centerspace Q3 2023 diluted EPS $0.41; raises 2023 Core FFO guidance mid-point
Diluted net income $0.41 per share vs loss ($0.14) in Q3 2022; Core FFO $1.20 vs $1.15.
Centerspace enters Fort Collins MSA with $94.5M acquisition; exits Minot with $82.5M sale
Acquired Lake Vista Apartment Homes (303 units, Loveland, CO) for $94.5M; assumed $52.7M debt at 3.45% interest-only through June 2024.
Centerspace posts investor presentation with Q3 2023 preliminary results
Presentation includes certain financial and operational results for the fiscal quarter ended September 30, 2023.
Centerspace presents at Bank of America conference; exhibit truncated, no specific new data visible
Company participating in Bank of America Securities 2023 Global Real Estate Conference on Sept 12-13 in New York.
Centerspace publishes 2022 ESG Report with formal targets, GRESB submission
Fourth annual ESG report; set formal targets guiding strategy over next 5–8 years.
Centerspace Q2 2023 Core FFO $1.28/share, up 14.3% YoY; raises 2023 guidance
Q2 2023 diluted net loss $(0.23) vs $(0.30) loss in Q2 2022, FFO per share $1.11 vs $1.02.
Centerspace amends credit facility to replace LIBOR with SOFR, resets stock repurchase limit
Amendment dated May 31, 2023 replaces LIBOR with SOFR as benchmark rate under the existing facility.
All seven trustee nominees elected: Schissel (11,422,712 for), Caira (11,353,250), Green (11,348,814), Hall (11,170,542), Jones-Tyson (11,412,208), Olson (11,575,719), Twinem (11,541,828).
Effective July 8, 2024, the Board of Trustees (the “Board”) of Centerspace (the “Company”) appointed Jay Rosenberg as a Trustee.
Effective January 23, 2024, the Board of Trustees (the “Board”) of Centerspace (the “Company”) appointed Ola Oyinsan Hixon as a Trustee.
The Board also approved Ms. Olson’s appointment to serve as a Trustee on the Company’s Board, effective as of March 31, 2023.
On March 23, 2023, the Board of Trustees (the “Board”) of Centerspace, a North Dakota real estate investment trust (the “Company”), approved the appointment of Anne Olson to serve as President and Chief Executive Officer of the Company, effective March 31, 2023.
Mr. Caira will cease as Chair, but will continue to serve as a Trustee.
Jones-Tyson as a Trustee.
Also effective January 18, 2022, the Board appointed John Schissel, a current Trustee, as the Chair of the Board to succeed Jeff Caira, the current Chair.
On January 10, 2022, Bhairav Patel was appointed to serve as the Chief Financial Officer of the Company effective immediately.
He will continue with the Company as an Executive Vice President.
On November 5, 2021, Bhairav Patel was appointed to serve as the Executive Vice President and Chief Financial Officer of Centerspace
Also on November 5, 2021, the Company and John A. Kirchmann, Executive Vice President and Chief Financial Officer of the Company, reached a mutual agreement for Mr. Kirchmann to be separated from his positions at the Company.
Max materiality 0.85 · Median 0.38 · Most common event other_material