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.
Centerspace filings document the formal disclosure record for a multifamily REIT that owns and operates apartment communities in the Midwest and Mountain West. Its 8-K reports furnish earnings releases and investor presentations covering FFO, Core FFO, same-store revenue and NOI, occupancy, lease-rate growth, resident retention, capitalization, and portfolio operations.
Proxy and governance filings cover annual meeting matters, trustee elections, committee service, executive compensation, pay-versus-performance data, shareholder voting, and Board of Trustees changes. The filing record also includes Regulation FD presentations, distribution-related disclosures, and risk language tied to real estate operations and forward-looking financial outlooks.
Centerspace reported the results of its 2026 Annual Meeting of Shareholders. Investors elected six trustees for one-year terms, including Anne Olson and John A. Schissel, and supported all management proposals. Shareholders approved the non-binding advisory vote on executive compensation and ratified Grant Thornton LLP as independent auditor for 2026.
The meeting had strong participation, with 14,981,013 common shares present or represented by proxy out of 16,785,899 shares outstanding as of the March 20, 2026 record date, representing approximately 89.24% of eligible shares.
Schissel John A reported acquisition or exercise transactions in this Form 4 filing.
Centerspace director John A. Schissel received a grant of 2,124 restricted stock units (RSUs). These RSUs represent a contingent right to receive an equal number of Centerspace common shares of beneficial interest, vesting on May 13, 2027. After this compensation-related award, Schissel’s directly held RSU balance reported in this filing is 2,124 units.
CENTERSPACE director Ola Oyinsan received a grant of 1,337 restricted stock units (RSUs) on May 13, 2026. These RSUs are a contingent right to receive an equal number of common shares of beneficial interest, scheduled to vest on May 13, 2027.
Following this compensation-related award, Oyinsan is reported as holding 1,337 RSUs directly, with no exercise price and no open‑market buying or selling involved. The award reflects standard equity-based director compensation rather than a discretionary market transaction.
Jones-Tyson Rodney reported acquisition or exercise transactions in this Form 4 filing.
Centerspace director Rodney Jones-Tyson received a grant of 1,337 restricted stock units. These RSUs represent a contingent right to receive 1,337 common shares of beneficial interest, with no cash paid per unit. The award vests on May 13, 2027, and results in 1,337 derivative shares reported as directly owned.
Centerspace director Jay L. Rosenberg received a grant of 1,337 restricted stock units (RSUs). These RSUs represent a contingent right to receive an equal number of Centerspace common shares of beneficial interest, vesting on May 13, 2027. The grant is compensation-related, with no cash paid by Rosenberg and no open-market buying or selling involved. Following this award, his reported RSU holdings from this grant total 1,337 units, which will convert into common shares only if the vesting conditions are satisfied.
Centerspace reported that director Mary J. Twinem received a grant of 1,337 restricted stock units (RSUs). These RSUs represent a contingent right to receive an equal number of common shares of beneficial interest, vesting on May 13, 2027.
The award was granted at an exercise price of $0.00 per unit as part of equity compensation, and following this grant Twinem holds 1,337 RSUs directly. This is a routine compensation-related acquisition rather than an open-market purchase or sale.
Centerspace furnished an investor presentation outlining its multifamily portfolio, recent performance, and 2026 outlook. The company owns and operates 12,263 apartments and reports total capitalization of $2.2 billion, with 52% common equity, 27% secured debt, and 21% unsecured debt.
For 2026, guidance calls for same-store revenue growth between 0.0% and 1.75%, same-store NOI growth between -0.5% and 2.0%, and Core FFO per share between $4.81 and $5.05, compared with $4.93 in 2025. Net income per share is guided between $(0.95) and $(0.66). Centerspace highlights stable leasing spreads, strong resident retention, and a weighted average debt interest rate of 3.6% with a 6.7‑year average maturity, alongside an 8.2x net debt to annualized adjusted EBITDA ratio in Q1 2026.
Centerspace reported first-quarter 2026 results showing lower earnings but stable property performance and reaffirmed its core outlook. Revenue was $65.1 million, down 3.0% from $67.1 million a year earlier, mainly because the company sold 12 apartment communities in the prior year. Net loss widened to $0.77 per diluted share, compared with a net loss of $0.22 per diluted share in the prior-year quarter.
On a cash-flow basis, FFO was $1.07 per diluted share and Core FFO was $1.12, both down from $1.17 and $1.21 a year ago, largely reflecting the smaller portfolio. Same-store revenue was essentially flat year over year, while same-store NOI declined 1.1% as property operating expenses rose 1.7%. Weighted average same-store occupancy remained high at 95.4%.
The company ended the quarter with $267.1 million of total liquidity, including $259.6 million of available credit and $7.6 million of cash. For 2026, Centerspace reaffirmed its Core FFO per diluted share outlook of $4.81 to $5.05, slightly increased its FFO guidance range, and kept same-store revenue and NOI growth ranges unchanged.
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 ownership disclosure: Vanguard Capital Management reports beneficial ownership of 867,971 shares of Centerspace common stock, representing 5.17% of the class as of 03/31/2026. The filing shows Vanguard has sole dispositive power over 867,971 shares and sole voting power for 135,472 shares. The Schedule 13G is signed by Ashley Grim on 04/29/2026 and includes a statement that various Vanguard affiliates and managed funds are reflected in the aggregate beneficial ownership figure.