Every 10-Q that Centerspace (CSR) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow CSR and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CSR filings page.
Centerspace, a multifamily REIT, reported Q2 2026 revenue of $65,782 (thousands), down 4.0% from Q2 2025, while net loss narrowed sharply to $1,130 (thousands), or $0.07 per share, from a loss of $16,785 (thousands), or $0.87 per share. For the first six months of 2026, revenue was $130,851 (thousands) with a net loss of $16,103 (thousands), or $0.83 per share.
Same-store operations were stable, with same-store revenues and expenses largely flat and same-store NOI up 0.3%. Year-to-date results include a $9,700 (thousands) impairment on one Denver community, though no new impairment was recorded in Q2. The company sold the 176‑home Civic Lofts community in Denver for $30,000 (thousands), recognizing a gain of $271 (thousands), and classified 13 additional communities plus a TIF note receivable as held for sale, adding $135,111 (thousands) of assets held for sale at June 30.
Operating cash flow for the first half of 2026 was strong at $44,128 (thousands). Property owned was $2.3 billion (excluding held-for-sale assets). Total debt principal was $1,021,147 (thousands), including $176,000 (thousands) drawn on a $400,000 (thousands) unsecured revolver, leaving significant liquidity. Centerspace repurchased 45,000+ common shares for $2,516 (thousands) and continued quarterly distributions. Subsequent to quarter-end, it sold seven more communities for an aggregate $139.8 million, with proceeds expected to reduce line-of-credit borrowings and support working capital.
Centerspace reported weaker results for the quarter ended March 31, 2026. Revenue declined 3.0% to $65.1 million, mainly because 12 communities were sold in 2025. Same-store revenue was flat, but higher operating costs led to a 1.1% drop in same-store net operating income.
The company recorded a $9.7 million impairment on one Denver apartment community, contributing to a net loss available to common shareholders of $12.9 million, or $0.77 per diluted share, versus a loss of $0.22 a year earlier. Core FFO per diluted share fell to $1.12 from $1.21, reflecting lower NOI from dispositions and same-store assets, along with higher general and administrative and interest expenses.
As of March 31, 2026, Centerspace owned 61 apartment communities with 12,263 homes, total assets of $1.89 billion, total debt of about $1.02 billion, and maintained high weighted average occupancy of 95.1%.
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), versus a loss a year ago, and diluted EPS was $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.