Welcome to our dedicated page for Centerspace SEC filings (Ticker: CSR), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Apartment REIT investors analyzing Centerspace (CSR) face a unique challenge: understanding how multifamily property performance translates into shareholder returns. Centerspace SEC filings break down portfolio metrics, funds from operations calculations, and property-level data that reveal the health of apartment communities across the Midwest and Mountain West.
Centerspace 10-K annual reports detail the composition of the apartment portfolio, including property locations, unit counts, and occupancy statistics by market. These filings explain how rental revenue flows through to FFO, the metric REIT investors use to evaluate operating performance. Our AI highlights segment breakdowns and year-over-year comparisons without requiring you to parse hundreds of pages of real estate accounting.
Quarterly 10-Q filings from Centerspace track occupancy trends, same-store revenue growth, and capital expenditure programs across apartment communities. For a REIT with properties spanning multiple states, these reports show which markets are strengthening and where the company is directing renovation and improvement spending.
Form 4 insider transactions reveal when Centerspace executives and board members buy or sell shares, providing signals about insider confidence in the company's direction. Proxy statements (DEF 14A) disclose executive compensation structures and how management incentives align with shareholder interests.
Material events surface through Centerspace 8-K filings, which announce property acquisitions, dispositions, dividend declarations, and strategic updates. These real-time disclosures keep investors informed between quarterly reports. Access all CSR SEC filings with AI-powered summaries that explain what each document means for apartment REIT investors.
Centerspace executive reports new equity award. A Form 4 filing for Centerspace (CSR) discloses that an officer serving as EVP and CFO received a grant of 4,895 restricted stock units. The award has a conversion price of $0 per unit and relates to common shares of beneficial interest. According to the filing, this represents a time-based contingent right to receive 4,895 common shares, vesting over three years in one-third increments on each anniversary of the grant date on January 1, 2027, 2028 and 2029. Following this transaction, the reporting person beneficially owns 4,895 derivative securities directly.
Centerspace reported an equity award to its President, CEO and Secretary, Anne Olson, in the form of restricted stock units. On 01/01/2026, she acquired 13,437 restricted stock units at an exercise price of $0, each tied to a future issuance of one common share of beneficial interest.
The award is time-based and vests in three equal annual installments. One third of the 13,437 units is scheduled to vest on each anniversary of the grant date, specifically on January 1, 2027, 2028 and 2029. The units are reported as directly owned derivative securities and are a form of stock-based compensation rather than an open-market purchase.
Centerspace President, CEO and Secretary Anne Olson reported several equity award transactions dated December 26, 2025. Restricted stock units covering 1,008, 3,378, and 2,938 common shares of beneficial interest were exercised at $0 per share as their vesting was accelerated from January 1, 2026 to December 26, 2025.
Olson also received 8,177 common shares from a performance share award granted January 1, 2023, based on the company’s total shareholder return versus the FTSE Nareit Equity Index, which paid out at 180.4% of target after the company’s estimated TSR reached the 70th percentile. To cover taxes on these vestings, 3,835 and 4,281 shares were withheld at $67.21 per share. After these transactions, Olson directly owned 26,881 Centerspace common shares.
Centerspace executive Bhairav Patel reported multiple equity award transactions on December 26, 2025. The EVP and CFO acquired common shares of beneficial interest through the vesting and exercise of restricted stock units and a performance share award, with several grants exercised at an exercise price of $0. After these transactions, he held 7,450 common shares directly.
The filing notes that certain restricted stock units scheduled to vest on January 1, 2026 were accelerated to December 26, 2025. A performance share award granted on January 1, 2023, tied to total shareholder return versus the FTSE Nareit Equity Index, was also largely accelerated, resulting in 4,824 shares being issued based on an estimated payout of 180.4% of target. Shares totaling 1,427 and 2,468 were withheld at $67.21 per share to cover taxes on the vesting events.
Centerspace furnished an investor presentation under Item 7.01 (Regulation FD). On November 10, 2025, the company posted the presentation to its website, highlighting certain financial and operational results for the nine months ended September 30, 2025 and year-to-date operating information.
The presentation is furnished as Exhibit 99.1 and incorporated by reference. The materials in Items 7.01 and 9.01, including Exhibit 99.1, are not deemed “filed” under the Exchange Act and are not subject to Section 18 liability, nor incorporated into other filings unless specifically referenced.
Centerspace furnished an 8-K announcing it issued an earnings release for the three and nine months ended September 30, 2025. The press release, which includes operational and financial results, is provided as Exhibit 99.1 and incorporated by reference. The company noted that the information under Item 2.02 and Exhibit 99.1 is furnished, not filed, and therefore is not subject to liability under Section 18 of the Exchange Act nor incorporated into other filings except as specifically referenced.
Centerspace (CSR) reported a strong Q3 turnaround driven by asset sales. Revenue was $71,399 (in thousands), up from $65,025. Results were boosted by a $79.5 million gain on sale of real estate, partly offset by an impairment charge of $8,676 (in thousands). Net income reached $65,408 (in thousands)$3.19.
Operating income rose to $77,210 (in thousands) as property-level performance improved and the sale gain flowed through, while interest expense increased to $12,989 (in thousands). Cash from operations was $85,746 (in thousands). Investing used $107,020 (in thousands) as the company spent $206,223 (in thousands) on acquisitions and received $122,351 (in thousands) from sales. Revolving lines of credit rose to $222,500 (in thousands) from $47,359.
Restricted cash increased to $52,943 (in thousands), primarily 1031 exchange proceeds. Seven communities were classified as held for sale with assets of $86,302 (in thousands). The company recorded nine‑month impairments of $23,219 (in thousands). Centerspace had 16,703,468 common shares outstanding as of October 27, 2025. Q3 distributions to common shares and Units were $0.77 per share.
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